Bank of New York Mellon Corp Purchases 7,743 Shares of FVCBankcorp, Inc. (NASDAQ:FVCB)

Bank of New York Mellon Corp lifted its position in FVCBankcorp, Inc. (NASDAQ:FVCB) by 18.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,784 shares of the company’s stock after buying an additional 7,743 shares during the period. Bank of New York Mellon Corp’s holdings in FVCBankcorp were worth $613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Fourthstone LLC bought a new position in FVCBankcorp in the third quarter valued at about $1,371,000. State Street Corp increased its position in shares of FVCBankcorp by 2.0% during the 3rd quarter. State Street Corp now owns 307,284 shares of the company’s stock valued at $4,010,000 after purchasing an additional 5,974 shares during the last quarter. Barclays PLC lifted its stake in shares of FVCBankcorp by 286.4% in the 3rd quarter. Barclays PLC now owns 21,529 shares of the company’s stock worth $281,000 after purchasing an additional 15,957 shares during the period. Geode Capital Management LLC boosted its holdings in shares of FVCBankcorp by 1.4% in the third quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock worth $4,667,000 after buying an additional 4,820 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in FVCBankcorp by 148.0% during the third quarter. JPMorgan Chase & Co. now owns 24,628 shares of the company’s stock valued at $321,000 after buying an additional 14,696 shares during the period. Institutional investors own 43.61% of the company’s stock.

FVCBankcorp Stock Up 3.9 %

Shares of FVCB stock opened at $10.42 on Thursday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09. FVCBankcorp, Inc. has a 12 month low of $9.78 and a 12 month high of $14.50. The stock has a market cap of $189.69 million, a P/E ratio of 12.86 and a beta of 0.26. The company has a 50 day simple moving average of $11.41 and a two-hundred day simple moving average of $12.43.

FVCBankcorp (NASDAQ:FVCB) last posted its quarterly earnings data on Thursday, January 23rd. The company reported $0.26 EPS for the quarter, topping 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, research analysts expect that FVCBankcorp, Inc. will post 1.06 earnings per share for the current year.

About FVCBankcorp

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.