Westbourne Investments Inc. Acquires New Position in FVCBankcorp, Inc. (NASDAQ:FVCB)

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

A number of other large investors also recently bought and sold shares of FVCB. Geode Capital Management LLC lifted its position in shares of FVCBankcorp by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 358,604 shares of the company's stock valued at $4,508,000 after buying an additional 1,034 shares in the last quarter. Rhumbline Advisers raised its position in FVCBankcorp by 6.1% during the fourth quarter. Rhumbline Advisers now owns 24,601 shares of the company's stock worth $309,000 after acquiring an additional 1,415 shares during the period. Wells Fargo & Company MN lifted its holdings in FVCBankcorp by 29.9% during the fourth quarter. Wells Fargo & Company MN now owns 9,783 shares of the company's stock valued at $123,000 after purchasing an additional 2,250 shares in the last quarter. Evermay Wealth Management LLC grew its position in shares of FVCBankcorp by 23.1% in the fourth quarter. Evermay Wealth Management LLC now owns 13,074 shares of the company's stock valued at $164,000 after purchasing an additional 2,454 shares during the period. Finally, Empowered Funds LLC grew its position in shares of FVCBankcorp by 5.1% in the fourth quarter. Empowered Funds LLC now owns 56,961 shares of the company's stock valued at $716,000 after purchasing an additional 2,756 shares during the period. Institutional investors and hedge funds own 43.61% of the company's stock.

FVCBankcorp Price Performance

Shares of FVCB traded up $0.18 during mid-day trading on Friday, hitting $11.60. 32,735 shares of the company were exchanged, compared to its average volume of 26,406. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00. FVCBankcorp, Inc. has a 1-year low of $9.49 and a 1-year high of $14.50. The stock has a market cap of $213.51 million, a price-to-earnings ratio of 14.32 and a beta of 0.21. The company has a 50 day moving average of $10.50 and a 200-day moving average of $12.00.

FVCBankcorp (NASDAQ:FVCB - Get Free Report) last released its earnings results on Tuesday, April 22nd. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.04. FVCBankcorp had a return on equity of 7.72% and a net margin of 13.00%. The business had revenue of $15.72 million for the quarter, compared to the consensus estimate of $16.09 million. Analysts expect that FVCBankcorp, Inc. will post 1.06 EPS for the current fiscal 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.