FJ Capital Management LLC Has $224,000 Position in Fvcbankcorp, Inc. $FVCB

FJ Capital Management LLC lowered its position in Fvcbankcorp, Inc. (NASDAQ:FVCB) by 92.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,116 shares of the company’s stock after selling 205,840 shares during the period. FJ Capital Management LLC owned 0.09% of Fvcbankcorp worth $224,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Rhumbline Advisers raised its position in shares of Fvcbankcorp by 5.9% in the second quarter. Rhumbline Advisers now owns 25,279 shares of the company’s stock valued at $298,000 after purchasing an additional 1,418 shares during the period. Russell Investments Group Ltd. raised its position in shares of Fvcbankcorp by 115.6% in the third quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock valued at $38,000 after purchasing an additional 1,589 shares during the period. Barclays PLC raised its position in shares of Fvcbankcorp by 6.1% in the fourth quarter. Barclays PLC now owns 32,710 shares of the company’s stock valued at $455,000 after purchasing an additional 1,891 shares during the period. JPMorgan Chase & Co. raised its position in shares of Fvcbankcorp by 18.2% in the third quarter. JPMorgan Chase & Co. now owns 14,915 shares of the company’s stock valued at $193,000 after purchasing an additional 2,299 shares during the period. Finally, BNP Paribas Financial Markets raised its position in shares of Fvcbankcorp by 138.2% in the third quarter. BNP Paribas Financial Markets now owns 4,254 shares of the company’s stock valued at $55,000 after purchasing an additional 2,468 shares during the period. Institutional investors and hedge funds own 43.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on FVCB shares. Piper Sandler reissued an “overweight” rating and issued a $19.00 price target (up from $18.00) on shares of Fvcbankcorp in a research report on Monday, May 4th. Weiss Ratings raised shares of Fvcbankcorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, March 10th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $19.00.

Insider Activity

In other Fvcbankcorp news, Director Phillip R. Wills III sold 11,462 shares of Fvcbankcorp stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $14.81, for a total transaction of $169,752.22. Following the completion of the transaction, the director directly owned 53,694 shares of the company’s stock, valued at approximately $795,208.14. This trade represents a 17.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 11.16% of the company’s stock.

Fvcbankcorp Price Performance

FVCB opened at $16.79 on Monday. Fvcbankcorp, Inc. has a fifty-two week low of $11.13 and a fifty-two week high of $18.41. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.03 and a quick ratio of 1.03. The firm’s fifty day moving average price is $15.71 and its two-hundred day moving average price is $14.95. The company has a market capitalization of $302.22 million, a P/E ratio of 13.12 and a beta of 0.36.

Fvcbankcorp (NASDAQ:FVCB) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $18.29 million for the quarter, compared to the consensus estimate of $18.24 million. Fvcbankcorp had a net margin of 18.85% and a return on equity of 9.22%. On average, analysts anticipate that Fvcbankcorp, Inc. will post 1.47 EPS for the current year.

Fvcbankcorp Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 18th. Shareholders of record on Monday, April 27th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, April 27th. This is a boost from Fvcbankcorp’s previous quarterly dividend of $0.06. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.7%. Fvcbankcorp’s dividend payout ratio (DPR) is 21.88%.

About Fvcbankcorp

Fvcbankcorp is a bank holding company headquartered in Warrenton, Virginia, operating through its wholly owned subsidiary, The Fauquier Bank. The company traces its origins to The Fauquier Bank, which was chartered in 2007 to serve local businesses and individuals in Northern Virginia. Fvcbankcorp provides strategic oversight and support to its community banking operations, guiding growth initiatives and ensuring regulatory compliance across its branch network.

The Fauquier Bank offers a comprehensive range of commercial and retail banking products and services.