Endeavour Capital Advisors Inc. Purchases 1,018 Shares of Virginia National Bankshares Co. (NASDAQ:VABK)

Endeavour Capital Advisors Inc. lifted its position in shares of Virginia National Bankshares Co. (NASDAQ:VABK) by 0.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 250,284 shares of the company’s stock after buying an additional 1,018 shares during the quarter. Virginia National Bankshares makes up 3.0% of Endeavour Capital Advisors Inc.’s holdings, making the stock its 12th largest holding. Endeavour Capital Advisors Inc. owned 4.66% of Virginia National Bankshares worth $9,561,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VABK. Barclays PLC raised its stake in Virginia National Bankshares by 277.1% during the 3rd quarter. Barclays PLC now owns 6,136 shares of the company’s stock valued at $256,000 after purchasing an additional 4,509 shares during the period. JPMorgan Chase & Co. lifted its stake in Virginia National Bankshares by 135.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,060 shares of the company’s stock worth $294,000 after purchasing an additional 4,066 shares in the last quarter. DAVENPORT & Co LLC bought a new position in shares of Virginia National Bankshares during the 4th quarter valued at about $390,000. Bank of New York Mellon Corp grew its position in shares of Virginia National Bankshares by 22.0% during the fourth quarter. Bank of New York Mellon Corp now owns 11,995 shares of the company’s stock valued at $458,000 after purchasing an additional 2,163 shares in the last quarter. Finally, State Street Corp boosted its stake in Virginia National Bankshares by 1.4% during the third quarter. State Street Corp now owns 73,684 shares of the company’s stock valued at $3,069,000 after buying an additional 1,005 shares during the last quarter. Hedge funds and other institutional investors own 37.39% of the company’s stock.

Virginia National Bankshares Stock Performance

NASDAQ:VABK opened at $36.36 on Wednesday. The company has a market cap of $195.29 million, a price-to-earnings ratio of 11.54 and a beta of 0.46. Virginia National Bankshares Co. has a 1 year low of $24.06 and a 1 year high of $44.00. The stock’s 50 day simple moving average is $36.23 and its two-hundred day simple moving average is $38.71. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.89.

Virginia National Bankshares (NASDAQ:VABK) last announced its quarterly earnings results on Thursday, January 23rd. The company reported $0.85 earnings per share for the quarter. Virginia National Bankshares had a net margin of 20.32% and a return on equity of 10.77%.

Virginia National Bankshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.32 dividend on an annualized basis and a yield of 3.63%. Virginia National Bankshares’s dividend payout ratio (DPR) is presently 41.90%.

Virginia National Bankshares Profile

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking services. The company operates through Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital segments. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.