FVCBankcorp, Inc. (NASDAQ:FVCB) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in shares of FVCBankcorp, Inc. (NASDAQ:FVCB) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 358,604 shares of the company’s stock after buying an additional 1,034 shares during the period. Geode Capital Management LLC owned approximately 1.97% of FVCBankcorp worth $4,508,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FVCB. Hughes Financial Services LLC acquired a new position in shares of FVCBankcorp during the fourth quarter valued at about $132,000. Evermay Wealth Management LLC increased its stake in FVCBankcorp by 23.1% during the 4th 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 in the last quarter. Barclays PLC raised its holdings in shares of FVCBankcorp by 286.4% in the third quarter. Barclays PLC now owns 21,529 shares of the company’s stock worth $281,000 after buying an additional 15,957 shares during the last quarter. Warner Financial Inc. raised its holdings in shares of FVCBankcorp by 26.7% in the fourth quarter. Warner Financial Inc. now owns 23,190 shares of the company’s stock worth $291,000 after buying an additional 4,882 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in shares of FVCBankcorp by 6.1% during the fourth quarter. Rhumbline Advisers now owns 24,601 shares of the company’s stock worth $309,000 after buying an additional 1,415 shares during the period. 43.61% of the stock is currently owned by hedge funds and other institutional investors.

FVCBankcorp Price Performance

NASDAQ FVCB opened at $10.92 on Friday. The company has a market cap of $200.99 million, a price-to-earnings ratio of 13.48 and a beta of 0.21. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00. The stock’s fifty day moving average price is $10.49 and its 200 day moving average price is $12.05. FVCBankcorp, Inc. has a 1 year low of $9.49 and a 1 year high of $14.50.

FVCBankcorp (NASDAQ:FVCB) last announced 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 return on equity of 7.72% and a net margin of 13.00%. The firm had revenue of $15.72 million during the quarter, compared to analysts’ expectations of $16.09 million. As a group, equities research analysts forecast that FVCBankcorp, Inc. will post 1.06 earnings per share for the current year.

FVCBankcorp Company 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.