Barclays PLC Grows Position in Oak Valley Bancorp (NASDAQ:OVLY)

Barclays PLC grew its stake in shares of Oak Valley Bancorp (NASDAQ:OVLY) by 122.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 15,368 shares of the financial services provider’s stock after purchasing an additional 8,471 shares during the period. Barclays PLC owned approximately 0.18% of Oak Valley Bancorp worth $408,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp boosted its holdings in Oak Valley Bancorp by 0.6% during the third quarter. State Street Corp now owns 86,390 shares of the financial services provider’s stock worth $2,295,000 after buying an additional 510 shares in the last quarter. Fourthstone LLC acquired a new stake in shares of Oak Valley Bancorp during the 3rd quarter valued at approximately $295,000. FMR LLC boosted its stake in shares of Oak Valley Bancorp by 0.4% during the 3rd quarter. FMR LLC now owns 217,128 shares of the financial services provider’s stock worth $5,769,000 after acquiring an additional 842 shares in the last quarter. Seizert Capital Partners LLC acquired a new stake in shares of Oak Valley Bancorp in the 3rd quarter worth approximately $327,000. Finally, Empowered Funds LLC increased its stake in Oak Valley Bancorp by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 38,004 shares of the financial services provider’s stock valued at $1,010,000 after purchasing an additional 1,876 shares in the last quarter. 30.86% of the stock is owned by institutional investors and hedge funds.

Oak Valley Bancorp Stock Performance

OVLY opened at $27.50 on Friday. The company has a market cap of $229.87 million, a price-to-earnings ratio of 9.17 and a beta of 0.35. Oak Valley Bancorp has a one year low of $22.91 and a one year high of $32.24. The business’s fifty day moving average is $29.53 and its two-hundred day moving average is $27.11.

Oak Valley Bancorp (NASDAQ:OVLY) last released its quarterly earnings data on Friday, October 18th. The financial services provider reported $0.89 EPS for the quarter. The business had revenue of $19.50 million for the quarter. Oak Valley Bancorp had a net margin of 28.03% and a return on equity of 14.38%.

Oak Valley Bancorp Company Profile

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. The company's deposits products include checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.