Empowered Funds LLC Buys 2,756 Shares of FVCBankcorp, Inc. (NASDAQ:FVCB)

Empowered Funds LLC boosted its stake in shares of FVCBankcorp, Inc. (NASDAQ:FVCB) by 5.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 56,961 shares of the company’s stock after buying an additional 2,756 shares during the quarter. Empowered Funds LLC’s holdings in FVCBankcorp were worth $716,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of FVCB. Evermay Wealth Management LLC lifted its position in shares of FVCBankcorp by 23.1% during the 4th 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 in the last quarter. Geode Capital Management LLC raised its stake in FVCBankcorp by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock worth $4,667,000 after acquiring an additional 4,820 shares during the period. Warner Financial Inc. lifted its holdings in FVCBankcorp by 26.7% during the fourth quarter. Warner Financial Inc. now owns 23,190 shares of the company’s stock valued at $291,000 after purchasing an additional 4,882 shares in the last quarter. State Street Corp boosted its position in shares of FVCBankcorp by 2.0% in the third quarter. State Street Corp now owns 307,284 shares of the company’s stock worth $4,010,000 after purchasing an additional 5,974 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of FVCBankcorp by 148.0% in the third quarter. JPMorgan Chase & Co. now owns 24,628 shares of the company’s stock worth $321,000 after purchasing an additional 14,696 shares in the last quarter. Institutional investors own 43.61% of the company’s stock.

FVCBankcorp Stock Down 1.8 %

FVCB opened at $11.83 on Wednesday. The stock has a market cap of $215.31 million, a price-to-earnings ratio of 14.60 and a beta of 0.27. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00. The firm’s fifty day moving average is $12.36 and its 200 day moving average is $12.56. FVCBankcorp, Inc. has a fifty-two week low of $9.78 and a fifty-two week high of $14.50.

FVCBankcorp (NASDAQ:FVCB) last announced its quarterly earnings data on Thursday, January 23rd. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01. FVCBankcorp had a return on equity of 7.72% and a net margin of 13.00%. On average, sell-side analysts forecast that FVCBankcorp, Inc. will post 1.06 earnings per share for the current fiscal 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.