Virginia National Bankshares Co. (NASDAQ:VABK) Shares Bought by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC grew its position in Virginia National Bankshares Co. (NASDAQ:VABK) by 104.2% during the 4th quarter, Holdings Channel reports. The fund owned 1,419 shares of the company’s stock after buying an additional 724 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Virginia National Bankshares were worth $49,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Allspring Global Investments Holdings LLC purchased a new stake in Virginia National Bankshares during the third quarter worth about $55,000. Institutional investors and hedge funds own 37.39% of the company’s stock.

Virginia National Bankshares Price Performance

VABK stock traded up $0.71 during trading on Tuesday, reaching $28.21. 33,741 shares of the company were exchanged, compared to its average volume of 11,663. The company has a market cap of $152.05 million, a P/E ratio of 8.87 and a beta of 0.37. Virginia National Bankshares Co. has a 52-week low of $24.06 and a 52-week high of $43.08. The stock’s 50 day moving average price is $28.43 and its 200 day moving average price is $31.88. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.79 and a current ratio of 0.79.

Virginia National Bankshares (NASDAQ:VABK) last released its quarterly earnings data on Friday, January 26th. The company reported $0.59 EPS for the quarter. Virginia National Bankshares had a net margin of 21.09% and a return on equity of 11.91%. The firm had revenue of $12.89 million for the quarter.

Virginia National Bankshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 14th were issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.68%. The ex-dividend date was Wednesday, March 13th. Virginia National Bankshares’s dividend payout ratio (DPR) is presently 41.51%.

Insider Buying and Selling at Virginia National Bankshares

In other Virginia National Bankshares news, Director Gregory L. Wells purchased 910 shares of Virginia National Bankshares stock in a transaction on Wednesday, February 7th. The shares were bought at an average price of $29.66 per share, with a total value of $26,990.60. Following the completion of the acquisition, the director now directly owns 14,125 shares of the company’s stock, valued at $418,947.50. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 12.56% of the company’s stock.

Virginia National Bankshares Company Profile

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking services. The company operates through four segments: Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.