Virginia National Bankshares (NASDAQ:VABK) Stock Price Down 0.2% - Should You Sell?

Key Points

• VABK shares declined 0.2% to $46.79 in light trading, while the stock remains above its 50-day and 200-day moving averages. Analysts maintain an overall “Hold” rating.
• Virginia National Bankshares reported $1.65 in quarterly EPS on $19.78 million in revenue, with a 13.58% return on equity and a 28.18% net margin.
• The company declared a quarterly dividend of $0.36 per share, or $1.44 annualized, representing a 3.1% yield and a 31.58% payout ratio; institutional investors own 37.39% of the stock.

Shares of Virginia National Bankshares Corporation (NASDAQ:VABK - Get Free Report) fell 0.2% on Friday . The company traded as low as $46.79 and last traded at $46.79. 2,423 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 7,592 shares. The stock had previously closed at $46.87.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a "hold (c)" rating on shares of Virginia National Bankshares in a research note on Friday, July 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold".

Virginia National Bankshares Stock Down 0.2%

The company's 50 day moving average price is $45.33 and its two-hundred day moving average price is $42.36. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11. The firm has a market cap of $253.60 million, a PE ratio of 10.26 and a beta of 0.45.

Virginia National Bankshares (NASDAQ:VABK - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $1.65 EPS for the quarter. Virginia National Bankshares had a return on equity of 13.58% and a net margin of 28.18%.The firm had revenue of $19.78 million during the quarter.

Virginia National Bankshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a $0.36 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.44 dividend on an annualized basis and a yield of 3.1%. Virginia National Bankshares's dividend payout ratio is presently 31.58%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VABK. BNP Paribas Financial Markets grew its stake in shares of Virginia National Bankshares by 104.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 944 shares of the company's stock valued at $37,000 after acquiring an additional 482 shares during the period. Tower Research Capital LLC TRC raised its stake in Virginia National Bankshares by 465.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,573 shares of the company's stock worth $58,000 after acquiring an additional 1,295 shares during the period. JPMorgan Chase & Co. lifted its holdings in Virginia National Bankshares by 19.5% during the third quarter. JPMorgan Chase & Co. now owns 4,816 shares of the company's stock valued at $187,000 after purchasing an additional 787 shares in the last quarter. M3F Inc. bought a new position in shares of Virginia National Bankshares in the first quarter worth approximately $220,000. Finally, Jane Street Group LLC bought a new position in shares of Virginia National Bankshares in the first quarter worth approximately $227,000. 37.39% of the stock is owned by hedge funds and other institutional investors.

About Virginia National Bankshares

Virginia National Bankshares, Inc is a bank holding company headquartered in Virginia. Through its wholly owned subsidiary, Virginia National Bank, the company offers a full suite of commercial and consumer banking services across its regional footprint.

Its product lineup includes traditional deposit accounts such as checking, savings, money market and certificate of deposit offerings. On the lending side, Virginia National Bank provides commercial loans, business lines of credit, residential and commercial real estate mortgages, construction financing and consumer installment loans.

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