113,000 Shares in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 113,000 shares of the company's stock, valued at approximately $364,000. Raymond James Financial Inc. owned about 0.15% of Blue Ridge Bankshares as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its stake in shares of Blue Ridge Bankshares by 221.4% in the fourth quarter. Renaissance Technologies LLC now owns 625,200 shares of the company's stock valued at $2,013,000 after purchasing an additional 430,700 shares in the last quarter. Graham Capital Wealth Management LLC boosted its holdings in Blue Ridge Bankshares by 1,446.2% in the fourth quarter. Graham Capital Wealth Management LLC now owns 522,478 shares of the company's stock valued at $1,682,000 after acquiring an additional 488,687 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in Blue Ridge Bankshares by 5.3% in the fourth quarter. Alliancebernstein L.P. now owns 394,556 shares of the company's stock valued at $1,270,000 after acquiring an additional 19,735 shares during the last quarter. Truffle Hound Capital LLC bought a new position in Blue Ridge Bankshares in the fourth quarter valued at about $483,000. Finally, JPMorgan Chase & Co. lifted its stake in Blue Ridge Bankshares by 17,128.7% in the fourth quarter. JPMorgan Chase & Co. now owns 76,151 shares of the company's stock valued at $245,000 after buying an additional 75,709 shares during the period. 50.48% of the stock is currently owned by institutional investors and hedge funds.

Blue Ridge Bankshares Stock Up 0.1%

Shares of NASDAQ BRBS traded up $0.01 during mid-day trading on Thursday, reaching $3.53. 16,473 shares of the company's stock were exchanged, compared to its average volume of 259,687. The firm has a market capitalization of $321.40 million, a price-to-earnings ratio of -5.50 and a beta of 0.80. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. The business has a fifty day simple moving average of $3.29 and a 200 day simple moving average of $3.35. Blue Ridge Bankshares, Inc. has a twelve month low of $2.45 and a twelve month high of $3.83.

Insider Transactions at Blue Ridge Bankshares

In other Blue Ridge Bankshares news, Director Carolyn J. Woodruff sold 8,924 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $3.75, for a total value of $33,465.00. Following the completion of the transaction, the director now directly owns 138,179 shares in the company, valued at $518,171.25. This trade represents a 6.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.92% of the stock is currently owned by insiders.

Blue Ridge Bankshares Profile

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.