Westbourne Investments Inc. Invests $926,000 in FVCBankcorp, Inc. (NASDAQ:FVCB)

Westbourne Investments Inc. acquired a new stake in FVCBankcorp, Inc. (NASDAQ:FVCB - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 73,689 shares of the company's stock, valued at approximately $926,000. Westbourne Investments Inc. owned about 0.40% of FVCBankcorp at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in FVCBankcorp by 128.8% during the fourth quarter. JPMorgan Chase & Co. now owns 56,347 shares of the company's stock worth $708,000 after buying an additional 31,719 shares during the last quarter. Barclays PLC increased its holdings in shares of FVCBankcorp by 286.4% during the 3rd quarter. Barclays PLC now owns 21,529 shares of the company's stock worth $281,000 after acquiring an additional 15,957 shares during the last quarter. Hughes Financial Services LLC bought a new stake in FVCBankcorp in the 4th quarter valued at $132,000. Bank of New York Mellon Corp lifted its holdings in FVCBankcorp by 18.9% during the 4th quarter. Bank of New York Mellon Corp now owns 48,784 shares of the company's stock valued at $613,000 after purchasing an additional 7,743 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of FVCBankcorp by 2.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 225,590 shares of the company's stock valued at $2,836,000 after purchasing an additional 5,956 shares during the last quarter. 43.61% of the stock is currently owned by institutional investors and hedge funds.

FVCBankcorp Stock Performance

Shares of NASDAQ FVCB traded up $0.21 during mid-day trading on Tuesday, reaching $11.70. 120,678 shares of the company were exchanged, compared to its average volume of 31,009. The stock has a market capitalization of $215.26 million, a P/E ratio of 14.44 and a beta of 0.34. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.09. The company's 50-day simple moving average is $10.51 and its 200-day simple moving average is $11.97. FVCBankcorp, Inc. has a twelve month low of $9.49 and a twelve month high of $14.50.

FVCBankcorp (NASDAQ:FVCB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. FVCBankcorp had a net margin of 13.00% and a return on equity of 7.72%. The firm had revenue of $15.72 million during the quarter, compared to the consensus estimate of $16.09 million. As a group, research analysts predict that FVCBankcorp, Inc. will post 1.06 earnings per share for the current year.

FVCBankcorp Profile

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.