Virginia National Bankshares (OTCMKTS:VABK) Stock Price Passes Above 50 Day Moving Average of $32.60

Virginia National Bankshares Co. (OTCMKTS:VABKGet Rating) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $32.60 and traded as high as $33.33. Virginia National Bankshares shares last traded at $33.33, with a volume of 3,073 shares traded.

Virginia National Bankshares Stock Down 0.4 %

The firm has a 50 day moving average price of $32.69 and a 200 day moving average price of $32.93. The stock has a market cap of $175.76 million, a P/E ratio of 9.30 and a beta of 0.32.

Virginia National Bankshares (OTCMKTS:VABKGet Rating) last issued its earnings results on Friday, July 29th. The company reported $1.06 earnings per share (EPS) for the quarter. The company had revenue of $16.11 million for the quarter. Virginia National Bankshares had a return on equity of 13.15% and a net margin of 27.92%.

Virginia National Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 23rd. Investors of record on Friday, September 9th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, September 8th. Virginia National Bankshares’s dividend payout ratio (DPR) is presently 33.80%.

Institutional Trading of Virginia National Bankshares

Large investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its stake in Virginia National Bankshares by 260.5% in the 2nd quarter. Captrust Financial Advisors now owns 3,039 shares of the company’s stock worth $96,000 after acquiring an additional 2,196 shares during the last quarter. State Street Corp boosted its holdings in shares of Virginia National Bankshares by 20.8% in the 1st quarter. State Street Corp now owns 10,639 shares of the company’s stock worth $367,000 after purchasing an additional 1,835 shares during the period. Jane Street Group LLC purchased a new position in shares of Virginia National Bankshares in the 2nd quarter worth approximately $400,000. Lowe Brockenbrough & Co. Inc. boosted its holdings in shares of Virginia National Bankshares by 10.0% in the 2nd quarter. Lowe Brockenbrough & Co. Inc. now owns 22,000 shares of the company’s stock worth $693,000 after purchasing an additional 2,000 shares during the period. Finally, Grace & White Inc. NY boosted its holdings in shares of Virginia National Bankshares by 17.1% in the 2nd quarter. Grace & White Inc. NY now owns 34,279 shares of the company’s stock worth $1,079,000 after purchasing an additional 5,000 shares during the period. Institutional investors own 32.24% of the company’s stock.

About Virginia National Bankshares

(Get Rating)

Virginia National Bankshares Corporation operates as the holding company for Virginia National Bank that provides a range of commercial banking services. The company operates through four segments: Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital. It provides checking accounts, demand deposits, NOW accounts, money market deposit accounts, time deposits, certificates of deposit, individual retirement accounts, and other depository services.

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