Jane Street Group LLC Sells 60,990 Shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Jane Street Group LLC decreased its position in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 59.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,663 shares of the company’s stock after selling 60,990 shares during the quarter. Jane Street Group LLC’s holdings in Blue Ridge Bankshares were worth $117,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its position in Blue Ridge Bankshares by 26.9% in the third quarter. State Street Corp now owns 72,645 shares of the company’s stock valued at $203,000 after purchasing an additional 15,400 shares during the last quarter. Jacobs Asset Management LLC increased its stake in shares of Blue Ridge Bankshares by 65.8% in the third quarter. Jacobs Asset Management LLC now owns 379,377 shares of the company’s stock valued at $1,062,000 after buying an additional 150,583 shares during the period. Azora Capital LP raised its holdings in Blue Ridge Bankshares by 33.5% in the 3rd quarter. Azora Capital LP now owns 2,688,761 shares of the company’s stock valued at $7,529,000 after buying an additional 674,146 shares during the last quarter. Banc Funds Co. LLC boosted its position in Blue Ridge Bankshares by 79.5% during the 3rd quarter. Banc Funds Co. LLC now owns 2,130,722 shares of the company’s stock worth $5,966,000 after buying an additional 944,000 shares during the period. Finally, Raffles Associates LP bought a new stake in Blue Ridge Bankshares during the 3rd quarter worth approximately $120,000. Institutional investors own 50.48% of the company’s stock.

Blue Ridge Bankshares Trading Up 1.3 %

Shares of NASDAQ BRBS opened at $3.22 on Wednesday. The firm has a 50 day moving average price of $3.36 and a two-hundred day moving average price of $2.97. The stock has a market cap of $236.72 million, a P/E ratio of -3.54 and a beta of 0.82. Blue Ridge Bankshares, Inc. has a 52-week low of $2.33 and a 52-week high of $3.69. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.06.

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

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.