Fvcbankcorp (NASDAQ:FVCB) Stock Price Down 0.2% – Should You Sell?

Fvcbankcorp, Inc. (NASDAQ:FVCB) dropped 0.2% on Monday . The stock traded as low as $12.65 and last traded at $12.68. Approximately 26,982 shares traded hands during trading, an increase of 8% from the average daily volume of 24,941 shares. The stock had previously closed at $12.71.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on FVCB shares. Zacks Research lowered Fvcbankcorp from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fvcbankcorp in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Fvcbankcorp has a consensus rating of “Hold” and a consensus price target of $16.00.

Fvcbankcorp Price Performance

The company has a market cap of $235.04 million, a price-to-earnings ratio of 11.21 and a beta of 0.42. The company has a current ratio of 1.02, a quick ratio of 1.01 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average price of $12.50 and a two-hundred day moving average price of $12.58.

Fvcbankcorp (NASDAQ:FVCB) last issued its earnings results on Thursday, June 2nd. The company reported $0.48 EPS for the quarter. The firm had revenue of $14.83 million during the quarter. Fvcbankcorp had a return on equity of 8.73% and a net margin of 17.72%. As a group, equities research analysts anticipate that Fvcbankcorp, Inc. will post 1.06 EPS for the current fiscal year.

Fvcbankcorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Monday, October 27th were paid a $0.06 dividend. The ex-dividend date of this dividend was Monday, October 27th. This represents a $0.24 dividend on an annualized basis and a yield of 1.8%. Fvcbankcorp’s payout ratio is presently 20.69%.

Institutional Investors Weigh In On Fvcbankcorp

A number of institutional investors have recently added to or reduced their stakes in the stock. CWM LLC grew its stake in shares of Fvcbankcorp by 498.9% in the 3rd quarter. CWM LLC now owns 2,186 shares of the company’s stock valued at $28,000 after purchasing an additional 1,821 shares during the period. Russell Investments Group Ltd. boosted its stake in Fvcbankcorp by 115.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,964 shares of the company’s stock valued at $38,000 after buying an additional 1,589 shares in the last quarter. BNP Paribas Financial Markets grew its position in 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 acquiring an additional 2,468 shares during the period. Tower Research Capital LLC TRC acquired a new position in Fvcbankcorp during the second quarter worth $71,000. Finally, Jane Street Group LLC acquired a new position in Fvcbankcorp during the first quarter worth $154,000. 43.61% of the stock is owned by institutional investors and hedge funds.

About Fvcbankcorp

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.