Two Sigma Investments LP Purchases New Holdings in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Two Sigma Investments LP bought a new position in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 157,108 shares of the company’s stock, valued at approximately $506,000. Two Sigma Investments LP owned approximately 0.21% of Blue Ridge Bankshares at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in BRBS. Charles Schwab Investment Management Inc. purchased a new stake in Blue Ridge Bankshares during the fourth quarter valued at approximately $131,000. Raymond James Financial Inc. acquired a new stake in Blue Ridge Bankshares during the fourth quarter valued at $364,000. Virtu Financial LLC purchased a new position in Blue Ridge Bankshares in the fourth quarter valued at $79,000. Truffle Hound Capital LLC purchased a new position in Blue Ridge Bankshares in the fourth quarter valued at $483,000. Finally, American Century Companies Inc. purchased a new position in Blue Ridge Bankshares in the fourth quarter valued at $118,000. 50.48% of the stock is currently owned by institutional investors.

Blue Ridge Bankshares Stock Down 0.3%

BRBS stock opened at $3.41 on Tuesday. The stock has a market capitalization of $310.92 million, a P/E ratio of -5.33 and a beta of 0.80. The firm has a 50-day simple moving average of $3.36 and a 200-day simple moving average of $3.38. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. Blue Ridge Bankshares, Inc. has a 52 week low of $2.45 and a 52 week high of $3.83.

About Blue Ridge Bankshares

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.