Oak Valley Bancorp (NASDAQ:OVLY) Holdings Raised by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its stake in Oak Valley Bancorp (NASDAQ:OVLYFree Report) by 8.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,508 shares of the financial services provider’s stock after purchasing an additional 7,176 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.14% of Oak Valley Bancorp worth $2,384,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its holdings in shares of Oak Valley Bancorp by 44.4% during the first quarter. BNP Paribas Financial Markets now owns 16,412 shares of the financial services provider’s stock valued at $407,000 after acquiring an additional 5,048 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Oak Valley Bancorp by 13.5% in the second quarter. Bank of New York Mellon Corp now owns 26,289 shares of the financial services provider’s stock valued at $656,000 after purchasing an additional 3,124 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Oak Valley Bancorp by 7.9% in the first quarter. Empowered Funds LLC now owns 33,608 shares of the financial services provider’s stock worth $833,000 after buying an additional 2,450 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Oak Valley Bancorp by 1.8% during the first quarter. Vanguard Group Inc. now owns 376,840 shares of the financial services provider’s stock valued at $9,338,000 after buying an additional 6,782 shares in the last quarter. Institutional investors and hedge funds own 30.86% of the company’s stock.

Insider Activity

In other news, Director Daniel J. Leonard acquired 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The shares were purchased at an average price of $25.50 per share, for a total transaction of $25,500.00. Following the completion of the acquisition, the director now owns 60,223 shares of the company’s stock, valued at approximately $1,535,686.50. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 19.26% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Separately, StockNews.com raised Oak Valley Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, August 17th.

Get Our Latest Analysis on Oak Valley Bancorp

Oak Valley Bancorp Stock Performance

Oak Valley Bancorp stock opened at $26.53 on Friday. Oak Valley Bancorp has a twelve month low of $22.91 and a twelve month high of $30.70. The firm has a market cap of $221.79 million, a PE ratio of 8.02 and a beta of 0.32. The firm’s 50 day moving average price is $25.98 and its two-hundred day moving average price is $24.97.

Oak Valley Bancorp (NASDAQ:OVLYGet Free Report) last posted its quarterly earnings results on Thursday, July 18th. The financial services provider reported $0.71 earnings per share for the quarter. The business had revenue of $19.05 million for the quarter. Oak Valley Bancorp had a net margin of 28.41% and a return on equity of 15.52%.

Oak Valley Bancorp Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Friday, August 9th. Stockholders of record on Monday, July 29th were issued a dividend of $0.225 per share. The ex-dividend date of this dividend was Monday, July 29th. This represents a dividend yield of 1.7%. Oak Valley Bancorp’s dividend payout ratio is 13.60%.

About Oak Valley Bancorp

(Free Report)

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. The company's deposits products include checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.

Featured Articles

Want to see what other hedge funds are holding OVLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oak Valley Bancorp (NASDAQ:OVLYFree Report).

Institutional Ownership by Quarter for Oak Valley Bancorp (NASDAQ:OVLY)

Receive News & Ratings for Oak Valley Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oak Valley Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.