Renaissance Technologies LLC Has $643,000 Stake in Virginia National Bankshares Co. (NASDAQ:VABK)

Renaissance Technologies LLC grew its position in Virginia National Bankshares Co. (NASDAQ:VABK) by 88.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,600 shares of the company’s stock after purchasing an additional 9,200 shares during the quarter. Renaissance Technologies LLC owned approximately 0.36% of Virginia National Bankshares worth $643,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Virginia National Bankshares by 0.6% during the first quarter. Vanguard Group Inc. now owns 293,781 shares of the company’s stock worth $8,843,000 after purchasing an additional 1,816 shares during the period. Meridian Financial Partners LLC acquired a new stake in shares of Virginia National Bankshares during the 2nd quarter worth approximately $3,894,000. Dimensional Fund Advisors LP increased its stake in shares of Virginia National Bankshares by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 33,702 shares of the company’s stock valued at $1,105,000 after acquiring an additional 1,049 shares in the last quarter. Heritage Wealth Advisors lifted its position in shares of Virginia National Bankshares by 4,424.9% during the 1st quarter. Heritage Wealth Advisors now owns 20,000 shares of the company’s stock valued at $602,000 after acquiring an additional 19,558 shares during the period. Finally, Atlantic Union Bankshares Corp boosted its stake in Virginia National Bankshares by 5.9% during the first quarter. Atlantic Union Bankshares Corp now owns 14,902 shares of the company’s stock worth $449,000 after acquiring an additional 833 shares in the last quarter. 37.39% of the stock is currently owned by institutional investors and hedge funds.

Virginia National Bankshares Price Performance

Shares of VABK opened at $38.68 on Wednesday. The business’s fifty day moving average is $38.78 and its 200 day moving average is $33.52. Virginia National Bankshares Co. has a 12-month low of $24.06 and a 12-month high of $43.08. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.19. The stock has a market cap of $207.71 million, a P/E ratio of 12.16 and a beta of 0.45.

Virginia National Bankshares (NASDAQ:VABK) last posted its quarterly earnings data on Friday, July 19th. The company reported $0.77 earnings per share (EPS) for the quarter. Virginia National Bankshares had a net margin of 19.25% and a return on equity of 10.50%. The firm had revenue of $12.87 million for the quarter.

Virginia National Bankshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Investors of record on Friday, September 6th were paid a $0.33 dividend. The ex-dividend date was Friday, September 6th. This represents a $1.32 annualized dividend and a yield of 3.41%. Virginia National Bankshares’s payout ratio is 41.51%.

About Virginia National Bankshares

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