Virginia National Bankshares (NASDAQ:VABK) Stock Rating Upgraded by Wall Street Zen

Virginia National Bankshares (NASDAQ:VABK) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Virginia National Bankshares in a report on Friday, July 24th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Virginia National Bankshares presently has a consensus rating of “Hold”.

Virginia National Bankshares Price Performance

Shares of NASDAQ VABK opened at $46.79 on Friday. Virginia National Bankshares has a twelve month low of $37.31 and a twelve month high of $50.00. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.10. The firm has a 50-day moving average of $45.33 and a two-hundred day moving average of $42.37. The company has a market capitalization of $254.07 million, a price-to-earnings ratio of 10.26 and a beta of 0.45.

Virginia National Bankshares (NASDAQ:VABK) last released its earnings results on Thursday, July 23rd. The company reported $1.65 EPS for the quarter. Virginia National Bankshares had a net margin of 28.18% and a return on equity of 13.36%. The business had revenue of $19.78 million for the quarter.

Institutional Trading of Virginia National Bankshares

Large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its holdings in shares of Virginia National Bankshares by 104.3% during the third quarter. BNP Paribas Financial Markets now owns 944 shares of the company’s stock valued at $37,000 after acquiring an additional 482 shares during the period. Tower Research Capital LLC TRC lifted its holdings in Virginia National Bankshares by 465.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,573 shares of the company’s stock valued at $58,000 after purchasing an additional 1,295 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Virginia National Bankshares by 19.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,816 shares of the company’s stock valued at $187,000 after purchasing an additional 787 shares during the last quarter. M3F Inc. bought a new position in Virginia National Bankshares during the 1st quarter valued at about $220,000. Finally, Jane Street Group LLC acquired a new position in Virginia National Bankshares in the first quarter valued at about $227,000. 37.39% of the stock is currently owned by institutional investors.

About Virginia National Bankshares

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.