Dimensional Fund Advisors LP Grows Position in FVCBankcorp, Inc. (NASDAQ:FVCB)

Dimensional Fund Advisors LP lifted its stake in FVCBankcorp, Inc. (NASDAQ:FVCB) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 225,590 shares of the company’s stock after acquiring an additional 5,956 shares during the period. Dimensional Fund Advisors LP owned approximately 1.24% of FVCBankcorp worth $2,836,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FVCB. Barclays PLC boosted its holdings in FVCBankcorp by 16.5% in the 4th quarter. Barclays PLC now owns 25,071 shares of the company’s stock valued at $315,000 after purchasing an additional 3,542 shares during the period. Wells Fargo & Company MN raised its position 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. Geode Capital Management LLC raised its position in FVCBankcorp by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 358,604 shares of the company’s stock valued at $4,508,000 after purchasing an additional 1,034 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of FVCBankcorp by 128.8% in 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 period. Finally, Hughes Financial Services LLC purchased a new position in shares of FVCBankcorp in the fourth quarter worth about $132,000. 43.61% of the stock is currently owned by hedge funds and other institutional investors.

FVCBankcorp Stock Up 0.5%

Shares of NASDAQ:FVCB opened at $11.89 on Wednesday. FVCBankcorp, Inc. has a 1 year low of $9.49 and a 1 year high of $14.50. The company has a market cap of $218.85 million, a PE ratio of 14.68 and a beta of 0.34. 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 50-day moving average is $10.58 and its 200 day moving average is $11.93.

FVCBankcorp (NASDAQ:FVCB) last posted its quarterly earnings data 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. The business had revenue of $15.72 million for the quarter, compared to analysts’ expectations of $16.09 million. FVCBankcorp had a return on equity of 7.72% and a net margin of 13.00%. Sell-side analysts anticipate that FVCBankcorp, Inc. will post 1.06 EPS 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.