Virginia National Bankshares Corporation (NASDAQ:VABK – Get Free Report)’s stock price fell 2.6% during trading on Monday . The stock traded as low as $44.10 and last traded at $44.35. 10,112 shares changed hands during trading, an increase of 2% from the average daily volume of 9,916 shares. The stock had previously closed at $45.52.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Virginia National Bankshares in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
Get Our Latest Research Report on Virginia National Bankshares
Virginia National Bankshares Price Performance
Virginia National Bankshares (NASDAQ:VABK – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $0.97 EPS for the quarter. The company had revenue of $14.39 million for the quarter. Virginia National Bankshares had a net margin of 24.15% and a return on equity of 11.15%.
Virginia National Bankshares Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Wednesday, May 13th were paid a $0.36 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.44 annualized dividend and a dividend yield of 3.1%. Virginia National Bankshares’s dividend payout ratio is presently 39.02%.
Institutional Investors Weigh In On Virginia National Bankshares
Several institutional investors have recently bought and sold shares of the stock. Empowered Funds LLC lifted its stake in shares of Virginia National Bankshares by 4.7% in the 1st quarter. Empowered Funds LLC now owns 6,780 shares of the company’s stock worth $259,000 after acquiring an additional 304 shares during the period. Cerity Partners LLC lifted its position in Virginia National Bankshares by 0.8% in the fourth quarter. Cerity Partners LLC now owns 49,275 shares of the company’s stock worth $1,964,000 after purchasing an additional 404 shares during the period. State Street Corp boosted its stake in Virginia National Bankshares by 0.5% during the 4th quarter. State Street Corp now owns 80,375 shares of the company’s stock valued at $3,203,000 after purchasing an additional 435 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Virginia National Bankshares by 104.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 944 shares of the company’s stock valued at $37,000 after purchasing an additional 482 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of Virginia National Bankshares by 10.6% in the 4th quarter. Barclays PLC now owns 7,415 shares of the company’s stock worth $295,000 after buying an additional 710 shares in the last quarter. Institutional investors and hedge funds own 37.39% of the company’s stock.
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.
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