Minerva Advisors LLC lifted its holdings in Village Bank and Trust Financial Corp. (NASDAQ:VBFC) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 23,245 shares of the financial services provider’s stock after purchasing an additional 1,000 shares during the quarter. Minerva Advisors LLC’s holdings in Village Bank and Trust Financial were worth $763,000 as of its most recent SEC filing.
In other news, major shareholder Kenneth R. Lehman purchased 1,577 shares of Village Bank and Trust Financial stock in a transaction on Monday, June 17th. The stock was purchased at an average price of $33.35 per share, with a total value of $52,592.95. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Kenneth R. Lehman purchased 1,490 shares of Village Bank and Trust Financial stock in a transaction on Tuesday, July 2nd. The shares were purchased at an average cost of $33.06 per share, with a total value of $49,259.40. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 3,708 shares of company stock valued at $123,807. Insiders own 9.34% of the company’s stock.
NASDAQ:VBFC traded down $0.18 during trading hours on Wednesday, reaching $34.12. 1,879 shares of the stock were exchanged, compared to its average volume of 1,790. Village Bank and Trust Financial Corp. has a twelve month low of $28.77 and a twelve month high of $35.50. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.92. The company’s 50 day simple moving average is $33.62. The stock has a market capitalization of $49.23 million, a PE ratio of 14.26 and a beta of 0.07.
Separately, ValuEngine downgraded Village Bank and Trust Financial from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st.
About Village Bank and Trust Financial
Village Bank and Trust Financial Corp. operates as the bank holding company for Village Bank that provides banking and related financial services to small and medium sized businesses, professionals, and individuals. The company operates in two segments, Traditional Commercial Banking and Mortgage Banking.
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