Bridgeway Capital Management LLC Grows Position in FVCBankcorp, Inc. (NASDAQ:FVCB)

Bridgeway Capital Management LLC grew its stake in FVCBankcorp, Inc. (NASDAQ:FVCB) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 152,625 shares of the company’s stock after acquiring an additional 2,756 shares during the quarter. Bridgeway Capital Management LLC owned about 0.84% of FVCBankcorp worth $1,918,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Wells Fargo & Company MN lifted its holdings in FVCBankcorp by 29.9% in the 4th quarter. Wells Fargo & Company MN now owns 9,783 shares of the company’s stock valued at $123,000 after purchasing an additional 2,250 shares in the last quarter. Hughes Financial Services LLC purchased a new position in shares of FVCBankcorp during the fourth quarter valued at approximately $132,000. Evermay Wealth Management LLC lifted its stake in shares of FVCBankcorp by 23.1% during the fourth quarter. Evermay Wealth Management LLC now owns 13,074 shares of the company’s stock valued at $164,000 after buying an additional 2,454 shares during the period. Bank of America Corp DE grew its stake in FVCBankcorp by 43.7% in the 4th quarter. Bank of America Corp DE now owns 16,408 shares of the company’s stock worth $206,000 after acquiring an additional 4,986 shares during the period. Finally, Barclays PLC raised its holdings in FVCBankcorp by 286.4% in the 3rd quarter. Barclays PLC now owns 21,529 shares of the company’s stock valued at $281,000 after acquiring an additional 15,957 shares during the last quarter. Institutional investors and hedge funds own 43.61% of the company’s stock.

FVCBankcorp Price Performance

FVCB stock opened at $11.60 on Friday. The stock has a market capitalization of $213.51 million, a price-to-earnings ratio of 14.32 and a beta of 0.34. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09. FVCBankcorp, Inc. has a 52-week low of $9.49 and a 52-week high of $14.50. The stock’s fifty day simple moving average is $10.53 and its 200-day simple moving average is $11.95.

FVCBankcorp (NASDAQ:FVCB) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. FVCBankcorp had a return on equity of 7.72% and a net margin of 13.00%. The firm had revenue of $15.72 million for the quarter, compared to analyst estimates of $16.09 million. Equities research analysts expect that FVCBankcorp, Inc. will post 1.06 EPS for the current year.

FVCBankcorp Profile

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.