Oppenheimer & Close LLC acquired a new stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 200,000 shares of the company's stock, valued at approximately $652,000. Oppenheimer & Close LLC owned approximately 0.23% of Blue Ridge Bankshares at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. Occudo Quantitative Strategies LP raised its position in Blue Ridge Bankshares by 29.7% in the fourth quarter. Occudo Quantitative Strategies LP now owns 28,130 shares of the company's stock worth $91,000 after acquiring an additional 6,435 shares during the period. Alpine Global Management LLC bought a new stake in Blue Ridge Bankshares in the fourth quarter worth about $34,000. Boothbay Fund Management LLC bought a new stake in Blue Ridge Bankshares in the fourth quarter worth about $41,000. Wells Fargo & Company MN bought a new stake in Blue Ridge Bankshares in the fourth quarter worth about $42,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Blue Ridge Bankshares in the fourth quarter worth about $43,000. 50.48% of the stock is owned by institutional investors.
Blue Ridge Bankshares Stock Performance
BRBS stock remained flat at $3.59 during mid-day trading on Wednesday. 380,085 shares of the company's stock traded hands, compared to its average volume of 347,592. The stock has a market cap of $327.33 million, a price-to-earnings ratio of -5.61 and a beta of 0.81. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.06. Blue Ridge Bankshares, Inc. has a twelve month low of $2.45 and a twelve month high of $3.83. The firm's 50 day moving average is $3.46 and its two-hundred day moving average is $3.38.
Blue Ridge Bankshares Company Profile
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Free Report)
Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.
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