JPMorgan Chase & Co. Has $600,000 Stock Holdings in Virginia National Bankshares Co. (NASDAQ:VABK)

JPMorgan Chase & Co. lifted its holdings in Virginia National Bankshares Co. (NASDAQ:VABK - Free Report) by 122.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,715 shares of the company's stock after purchasing an additional 8,655 shares during the period. JPMorgan Chase & Co. owned 0.29% of Virginia National Bankshares worth $600,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Barclays PLC boosted its stake in shares of Virginia National Bankshares by 277.1% during the 3rd quarter. Barclays PLC now owns 6,136 shares of the company's stock worth $256,000 after acquiring an additional 4,509 shares in the last quarter. DAVENPORT & Co LLC bought a new stake in Virginia National Bankshares during the fourth quarter worth approximately $390,000. Bank of New York Mellon Corp grew its holdings in Virginia National Bankshares by 22.0% during the fourth quarter. Bank of New York Mellon Corp now owns 11,995 shares of the company's stock valued at $458,000 after purchasing an additional 2,163 shares during the last quarter. State Street Corp raised its position in shares of Virginia National Bankshares by 1.4% in 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 during the period. Finally, Geode Capital Management LLC raised its position in shares of Virginia National Bankshares by 3.2% in the third quarter. Geode Capital Management LLC now owns 108,888 shares of the company's stock valued at $4,536,000 after purchasing an additional 3,362 shares during the period. 37.39% of the stock is currently owned by institutional investors.

Virginia National Bankshares Stock Performance

Shares of NASDAQ VABK traded up $0.33 during trading hours on Tuesday, hitting $36.95. 4,756 shares of the stock were exchanged, compared to its average volume of 8,014. Virginia National Bankshares Co. has a one year low of $28.71 and a one year high of $44.00. The company's 50 day moving average is $35.88 and its 200 day moving average is $37.83. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.89. The firm has a market capitalization of $199.23 million, a P/E ratio of 11.73 and a beta of 0.44.

Virginia National Bankshares (NASDAQ:VABK - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $0.83 EPS for the quarter. Virginia National Bankshares had a return on equity of 10.77% and a net margin of 20.32%. The business had revenue of $14.06 million for the quarter.

Virginia National Bankshares Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be paid a $0.36 dividend. This is an increase from Virginia National Bankshares's previous quarterly dividend of $0.33. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.44 annualized dividend and a dividend yield of 3.90%. Virginia National Bankshares's dividend payout ratio (DPR) is presently 43.64%.

Virginia National Bankshares Company Profile

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.