Jane Street Group LLC Has $117,000 Holdings in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Jane Street Group LLC cut its holdings in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 59.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,663 shares of the company’s stock after selling 60,990 shares during the quarter. Jane Street Group LLC owned 0.06% of Blue Ridge Bankshares worth $117,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackBarn Capital Partners LP bought a new position in Blue Ridge Bankshares during the 2nd quarter worth $12,274,000. Azora Capital LP grew its holdings in shares of Blue Ridge Bankshares by 33.5% during the 3rd quarter. Azora Capital LP now owns 2,688,761 shares of the company’s stock worth $7,529,000 after purchasing an additional 674,146 shares in the last quarter. Banc Funds Co. LLC increased its position in shares of Blue Ridge Bankshares by 79.5% in the third quarter. Banc Funds Co. LLC now owns 2,130,722 shares of the company’s stock worth $5,966,000 after purchasing an additional 944,000 shares during the period. Fourthstone LLC raised its stake in Blue Ridge Bankshares by 662.9% in the third quarter. Fourthstone LLC now owns 1,987,097 shares of the company’s stock valued at $5,564,000 after purchasing an additional 1,726,620 shares in the last quarter. Finally, Elizabeth Park Capital Advisors Ltd. acquired a new position in Blue Ridge Bankshares in the second quarter valued at about $2,097,000. 50.48% of the stock is currently owned by institutional investors and hedge funds.

Blue Ridge Bankshares Trading Up 1.3 %

Shares of Blue Ridge Bankshares stock opened at $3.22 on Wednesday. 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 12-month low of $2.33 and a 12-month high of $3.69. The company has a market capitalization of $236.72 million, a price-to-earnings ratio of -3.54 and a beta of 0.82. The firm’s 50-day moving average price is $3.36 and its two-hundred day moving average price is $2.97.

Blue Ridge Bankshares (NASDAQ:BRBS) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $21.84 million for the quarter. Blue Ridge Bankshares had a negative net margin of 10.60% and a negative return on equity of 7.44%.

Blue Ridge Bankshares 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.