Virginia National Bankshares (NASDAQ:VABK) Stock Price Down 1.3% – Time to Sell?

Virginia National Bankshares Corporation (NASDAQ:VABK)’s share price traded down 1.3% during trading on Tuesday . The stock traded as low as $45.26 and last traded at $45.26. 10,888 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 9,255 shares. The stock had previously closed at $45.87.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Virginia National Bankshares in a report on Wednesday, April 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Virginia National Bankshares presently has a consensus rating of “Hold”.

Virginia National Bankshares Trading Down 0.4%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a market cap of $240.11 million, a P/E ratio of 12.01 and a beta of 0.45. The stock has a 50-day moving average price of $43.94 and a 200-day moving average price of $41.59.

Virginia National Bankshares (NASDAQ:VABK) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $1.65 EPS for the quarter. The firm had revenue of $19.78 million for the quarter. Virginia National Bankshares had a net margin of 24.15% and a return on equity of 11.15%.

Hedge Funds Weigh In On Virginia National Bankshares

A number of large investors have recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new stake in Virginia National Bankshares in the fourth quarter worth approximately $1,815,000. North Star Investment Management Corp. purchased a new position in shares of Virginia National Bankshares during the first quarter worth approximately $840,000. Fiduciary Trust Co purchased a new position in shares of Virginia National Bankshares during the third quarter worth approximately $393,000. Goldman Sachs Group Inc. lifted its holdings in shares of Virginia National Bankshares by 118.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 17,239 shares of the company’s stock worth $687,000 after acquiring an additional 9,357 shares during the last quarter. Finally, Two Sigma Investments LP bought a new stake in shares of Virginia National Bankshares in the 3rd quarter worth approximately $303,000. 37.39% of the stock is owned by hedge funds and other institutional investors.

Virginia National Bankshares Company Profile

Virginia National Bankshares, Inc is a bank holding company headquartered in Virginia. Through its wholly owned subsidiary, Virginia National Bank, the company offers a full suite of commercial and consumer banking services across its regional footprint.

Its product lineup includes traditional deposit accounts such as checking, savings, money market and certificate of deposit offerings. On the lending side, Virginia National Bank provides commercial loans, business lines of credit, residential and commercial real estate mortgages, construction financing and consumer installment loans.