Barclays PLC Boosts Stake in Virginia National Bankshares Co. (NASDAQ:VABK)

Barclays PLC boosted its holdings in Virginia National Bankshares Co. (NASDAQ:VABK) by 277.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,136 shares of the company’s stock after acquiring an additional 4,509 shares during the quarter. Barclays PLC owned about 0.11% of Virginia National Bankshares worth $256,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of New York Mellon Corp increased its holdings in shares of Virginia National Bankshares by 5.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 13,483 shares of the company’s stock valued at $442,000 after purchasing an additional 637 shares in the last quarter. State Street Corp increased its holdings in Virginia National Bankshares by 1.4% in the third quarter. State Street Corp now owns 73,684 shares of the company’s stock valued at $3,069,000 after buying an additional 1,005 shares in the last quarter. Raffles Associates LP lifted its position in shares of Virginia National Bankshares by 4.0% during the 2nd quarter. Raffles Associates LP now owns 26,867 shares of the company’s stock valued at $881,000 after acquiring an additional 1,023 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Virginia National Bankshares by 3.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 33,702 shares of the company’s stock worth $1,105,000 after acquiring an additional 1,049 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Virginia National Bankshares by 3.2% in the 3rd quarter. Geode Capital Management LLC now owns 108,888 shares of the company’s stock worth $4,536,000 after acquiring an additional 3,362 shares during the period. Institutional investors and hedge funds own 37.39% of the company’s stock.

Virginia National Bankshares Stock Performance

Shares of VABK stock opened at $35.54 on Tuesday. The stock has a fifty day moving average price of $39.59 and a 200 day moving average price of $38.99. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market cap of $190.85 million, a PE ratio of 12.30 and a beta of 0.47. Virginia National Bankshares Co. has a 1 year low of $24.06 and a 1 year high of $44.00.

Virginia National Bankshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend was Friday, December 6th. Virginia National Bankshares’s dividend payout ratio (DPR) is presently 45.67%.

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.