Rhino Investment Partners Inc Cuts Stock Holdings in Fvcbankcorp, Inc. $FVCB

Rhino Investment Partners Inc decreased its position in Fvcbankcorp, Inc. (NASDAQ:FVCB) by 12.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,179 shares of the company’s stock after selling 27,835 shares during the quarter. Rhino Investment Partners Inc’s holdings in Fvcbankcorp were worth $3,026,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ategra Capital Management LLC lifted its position in shares of Fvcbankcorp by 211.3% during the third quarter. Ategra Capital Management LLC now owns 368,633 shares of the company’s stock valued at $4,781,000 after purchasing an additional 250,232 shares in the last quarter. Fourthstone LLC increased its stake in shares of Fvcbankcorp by 19.6% during the 4th quarter. Fourthstone LLC now owns 1,088,952 shares of the company’s stock worth $15,147,000 after purchasing an additional 178,132 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Fvcbankcorp in the 3rd quarter worth approximately $678,000. Renaissance Technologies LLC raised its holdings in shares of Fvcbankcorp by 37.4% in the 1st quarter. Renaissance Technologies LLC now owns 116,475 shares of the company’s stock worth $1,769,000 after purchasing an additional 31,700 shares during the period. Finally, Millennium Management LLC lifted its stake in Fvcbankcorp by 52.8% in the third quarter. Millennium Management LLC now owns 72,568 shares of the company’s stock valued at $941,000 after purchasing an additional 25,075 shares during the last quarter. Hedge funds and other institutional investors own 43.61% of the company’s stock.

Fvcbankcorp Price Performance

Shares of NASDAQ FVCB opened at $18.78 on Wednesday. The stock’s 50-day simple moving average is $16.93 and its two-hundred day simple moving average is $15.85. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $338.04 million, a P/E ratio of 13.23 and a beta of 0.34. Fvcbankcorp, Inc. has a twelve month low of $11.83 and a twelve month high of $18.83.

Fvcbankcorp (NASDAQ:FVCB) last released its earnings results on Tuesday, July 21st. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. The business had revenue of $20.45 million for the quarter, compared to analysts’ expectations of $19.32 million. Fvcbankcorp had a return on equity of 9.91% and a net margin of 20.45%. As a group, equities analysts anticipate that Fvcbankcorp, Inc. will post 1.5 EPS for the current fiscal year.

Fvcbankcorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, July 27th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, July 27th. This represents a $0.28 annualized dividend and a yield of 1.5%. Fvcbankcorp’s dividend payout ratio is presently 19.72%.

Wall Street Analyst Weigh In

FVCB has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Fvcbankcorp in a research report on Friday, June 26th. Piper Sandler lifted their price objective on Fvcbankcorp from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Monday. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.00.

Fvcbankcorp Profile

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.