Endeavour Capital Advisors Inc. Increases Position in Virginia National Bankshares Co. (NASDAQ:VABK)

Endeavour Capital Advisors Inc. lifted its holdings in Virginia National Bankshares Co. (NASDAQ:VABK) by 0.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 250,284 shares of the company’s stock after purchasing an additional 1,018 shares during the period. Virginia National Bankshares comprises approximately 3.0% of Endeavour Capital Advisors Inc.’s portfolio, making the stock its 12th largest holding. Endeavour Capital Advisors Inc.’s holdings in Virginia National Bankshares were worth $9,561,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC increased its holdings in Virginia National Bankshares by 3.2% during the third quarter. Geode Capital Management LLC now owns 108,888 shares of the company’s stock valued at $4,536,000 after buying an additional 3,362 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Virginia National Bankshares by 135.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,060 shares of the company’s stock worth $294,000 after purchasing an additional 4,066 shares during the last quarter. State Street Corp boosted its position in Virginia National Bankshares by 1.4% during the third quarter. State Street Corp now owns 73,684 shares of the company’s stock valued at $3,069,000 after purchasing an additional 1,005 shares in the last quarter. Barclays PLC grew its stake in Virginia National Bankshares by 277.1% in the third quarter. Barclays PLC now owns 6,136 shares of the company’s stock valued at $256,000 after purchasing an additional 4,509 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Virginia National Bankshares by 22.0% in the 4th quarter. Bank of New York Mellon Corp now owns 11,995 shares of the company’s stock worth $458,000 after buying an additional 2,163 shares during the last quarter. Hedge funds and other institutional investors own 37.39% of the company’s stock.

Virginia National Bankshares Trading Up 0.8 %

NASDAQ:VABK opened at $36.36 on Wednesday. The firm has a 50 day moving average of $36.23 and a 200 day moving average of $38.71. The stock has a market capitalization of $195.29 million, a price-to-earnings ratio of 11.54 and a beta of 0.46. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.32. Virginia National Bankshares Co. has a 52 week low of $24.06 and a 52 week high of $44.00.

Virginia National Bankshares (NASDAQ:VABK) last issued its quarterly earnings results on Thursday, January 23rd. The company reported $0.85 earnings per share (EPS) for the quarter. Virginia National Bankshares had a net margin of 20.32% and a return on equity of 10.77%.

Virginia National Bankshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $0.33 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.32 annualized dividend and a yield of 3.63%. Virginia National Bankshares’s dividend payout ratio (DPR) is presently 41.90%.

About Virginia National Bankshares

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 Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital segments. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.