Squarepoint Ops LLC Acquires New Position in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Squarepoint Ops LLC acquired a new stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,683 shares of the company’s stock, valued at approximately $89,000.

Other hedge funds have also recently modified their holdings of the company. Alpine Global Management LLC acquired a new position in Blue Ridge Bankshares in the fourth quarter valued at about $34,000. Boothbay Fund Management LLC acquired a new position in Blue Ridge Bankshares in the fourth quarter valued at about $41,000. Wells Fargo & Company MN acquired a new position in Blue Ridge Bankshares in the fourth quarter valued at about $42,000. Dynamic Technology Lab Private Ltd acquired a new position in Blue Ridge Bankshares in the fourth quarter valued at about $43,000. Finally, Two Sigma Advisers LP acquired a new position in Blue Ridge Bankshares in the fourth quarter valued at about $51,000. Hedge funds and other institutional investors own 50.48% of the company’s stock.

Blue Ridge Bankshares Trading Down 0.3%

NASDAQ BRBS opened at $3.41 on Tuesday. The firm’s 50-day moving average is $3.36 and its two-hundred day moving average is $3.38. Blue Ridge Bankshares, Inc. has a 12 month low of $2.45 and a 12 month high of $3.83. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.06 and a quick ratio of 1.05. The stock has a market capitalization of $310.92 million, a P/E ratio of -5.33 and a beta of 0.80.

Blue Ridge Bankshares Company Profile

Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.