Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 27,890 shares of the company’s stock, valued at approximately $73,000. Point72 Asia Singapore Pte. Ltd. owned 0.12% of Blue Ridge Bankshares as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of BRBS. BlackBarn Capital Partners LP acquired a new stake in shares of Blue Ridge Bankshares during the 2nd quarter worth approximately $12,274,000. Banc Funds Co. LLC grew its position in Blue Ridge Bankshares by 177.4% during the fourth quarter. Banc Funds Co. LLC now owns 3,127,414 shares of the company’s stock valued at $9,476,000 after buying an additional 2,000,000 shares during the period. Vanguard Group Inc. increased its holdings in Blue Ridge Bankshares by 1.0% in the first quarter. Vanguard Group Inc. now owns 853,525 shares of the company’s stock valued at $2,296,000 after buying an additional 8,057 shares in the last quarter. Gendell Jeffrey L raised its position in shares of Blue Ridge Bankshares by 187.4% in the fourth quarter. Gendell Jeffrey L now owns 281,223 shares of the company’s stock worth $852,000 after acquiring an additional 183,361 shares during the period. Finally, Empowered Funds LLC boosted its stake in shares of Blue Ridge Bankshares by 8.1% during the 1st quarter. Empowered Funds LLC now owns 53,612 shares of the company’s stock worth $144,000 after acquiring an additional 4,025 shares in the last quarter. 50.48% of the stock is currently owned by hedge funds and other institutional investors.
Blue Ridge Bankshares Price Performance
NASDAQ:BRBS opened at $2.79 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.05 and a debt-to-equity ratio of 0.75. Blue Ridge Bankshares, Inc. has a 52 week low of $2.05 and a 52 week high of $5.50. The stock’s 50-day moving average price is $2.72 and its 200-day moving average price is $2.75. The stock has a market capitalization of $64.12 million, a PE ratio of -0.76 and a beta of 0.68.
About Blue Ridge Bankshares
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.
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