New York State Common Retirement Fund Sells 4,490 Shares of FVCBankcorp, Inc. (NASDAQ:FVCB)

New York State Common Retirement Fund lessened its stake in FVCBankcorp, Inc. (NASDAQ:FVCB) by 58.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,180 shares of the company’s stock after selling 4,490 shares during the quarter. New York State Common Retirement Fund’s holdings in FVCBankcorp were worth $40,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Rhumbline Advisers increased its holdings in FVCBankcorp by 6.1% in the fourth quarter. Rhumbline Advisers now owns 24,601 shares of the company’s stock valued at $309,000 after purchasing an additional 1,415 shares during the last quarter. Evermay Wealth Management LLC grew its stake in FVCBankcorp by 23.1% in the fourth quarter. Evermay Wealth Management LLC now owns 13,074 shares of the company’s stock valued at $164,000 after acquiring an additional 2,454 shares during the period. Empowered Funds LLC grew its stake in FVCBankcorp by 5.2% in the third quarter. Empowered Funds LLC now owns 54,205 shares of the company’s stock valued at $707,000 after acquiring an additional 2,680 shares during the period. Geode Capital Management LLC grew its stake in FVCBankcorp by 1.4% in the third quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock valued at $4,667,000 after acquiring an additional 4,820 shares during the period. Finally, Warner Financial Inc. grew its stake in FVCBankcorp by 26.7% in the fourth quarter. Warner Financial Inc. now owns 23,190 shares of the company’s stock valued at $291,000 after acquiring an additional 4,882 shares during the period. Institutional investors own 43.61% of the company’s stock.

FVCBankcorp Stock Up 0.6 %

NASDAQ:FVCB opened at $10.64 on Friday. FVCBankcorp, Inc. has a 1 year low of $9.78 and a 1 year high of $14.50. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.09. The stock has a market cap of $193.69 million, a price-to-earnings ratio of 13.14 and a beta of 0.26. The stock has a 50-day moving average price of $11.91 and a two-hundred day moving average price of $12.57.

FVCBankcorp (NASDAQ:FVCB) last posted its earnings results on Thursday, January 23rd. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. FVCBankcorp had a return on equity of 7.72% and a net margin of 13.00%. As a group, equities analysts expect that FVCBankcorp, Inc. will post 1.06 earnings per share for the current year.

FVCBankcorp Profile

FVCBankcorp, Inc operates as the bank holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction loans; commercial loans for various business purposes, such as for working capital, equipment purchases, lines of credit, and government contract financing; small business administration loans; asset-based loans and accounts receivable financing; home equity loans; and consumer loans.