117,972 Shares in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) Acquired by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC bought a new stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 117,972 shares of the company's stock, valued at approximately $380,000. Schonfeld Strategic Advisors LLC owned 0.16% of Blue Ridge Bankshares as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Northern Trust Corp boosted its holdings in shares of Blue Ridge Bankshares by 63.8% in the fourth quarter. Northern Trust Corp now owns 98,086 shares of the company's stock valued at $316,000 after buying an additional 38,190 shares during the period. Boothbay Fund Management LLC bought a new stake in Blue Ridge Bankshares in the 4th quarter valued at $41,000. Alpine Global Management LLC acquired a new position in Blue Ridge Bankshares in the 4th quarter worth $34,000. Susquehanna International Group LLP boosted its stake in Blue Ridge Bankshares by 148.8% in the 4th quarter. Susquehanna International Group LLP now owns 813,238 shares of the company's stock worth $2,619,000 after purchasing an additional 486,344 shares during the period. Finally, Tower Research Capital LLC TRC increased its holdings in Blue Ridge Bankshares by 3,602.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 18,362 shares of the company's stock worth $59,000 after purchasing an additional 17,866 shares in the last quarter. Institutional investors and hedge funds own 50.48% of the company's stock.

Blue Ridge Bankshares Stock Up 0.3%

Shares of NASDAQ BRBS traded up $0.01 during midday trading on Wednesday, reaching $3.52. The company's stock had a trading volume of 106,000 shares, compared to its average volume of 259,682. The stock has a 50 day simple moving average of $3.29 and a 200-day simple moving average of $3.35. 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 stock has a market capitalization of $320.95 million, a price-to-earnings ratio of -5.50 and a beta of 0.80. Blue Ridge Bankshares, Inc. has a fifty-two week low of $2.45 and a fifty-two week high of $3.83.

Insider Activity at Blue Ridge Bankshares

In other Blue Ridge Bankshares news, Director Carolyn J. Woodruff sold 8,924 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $3.75, for a total transaction of $33,465.00. Following the sale, the director now directly owns 138,179 shares of the company's stock, valued at $518,171.25. The trade was a 6.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 4.92% of the stock is 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.