Virginia National Bankshares Co. (NASDAQ:VABK) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in Virginia National Bankshares Co. (NASDAQ:VABK) by 277.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,136 shares of the company’s stock after buying an additional 4,509 shares during the period. Barclays PLC’s holdings in Virginia National Bankshares were worth $256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Endeavour Capital Advisors Inc. grew its holdings in Virginia National Bankshares by 22.0% in the second quarter. Endeavour Capital Advisors Inc. now owns 249,266 shares of the company’s stock valued at $8,176,000 after purchasing an additional 44,879 shares during the period. Geode Capital Management LLC grew its stake in shares of Virginia National Bankshares by 3.2% during the 3rd quarter. Geode Capital Management LLC now owns 108,888 shares of the company’s stock valued at $4,536,000 after buying an additional 3,362 shares during the period. State Street Corp increased its holdings in shares of Virginia National Bankshares by 1.4% during the 3rd quarter. State Street Corp now owns 73,684 shares of the company’s stock worth $3,069,000 after buying an additional 1,005 shares during the last quarter. Meridian Financial Partners LLC boosted its holdings in Virginia National Bankshares by 32.5% in the third quarter. Meridian Financial Partners LLC now owns 157,306 shares of the company’s stock valued at $6,552,000 after acquiring an additional 38,588 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Virginia National Bankshares by 5.0% during the second quarter. Bank of New York Mellon Corp now owns 13,483 shares of the company’s stock valued at $442,000 after acquiring an additional 637 shares during the period. Hedge funds and other institutional investors own 37.39% of the company’s stock.

Virginia National Bankshares Stock Performance

Virginia National Bankshares stock opened at $35.54 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.89 and a quick ratio of 0.89. Virginia National Bankshares Co. has a 12 month low of $24.06 and a 12 month high of $44.00. The company has a market cap of $190.85 million, a price-to-earnings ratio of 12.30 and a beta of 0.47. The stock’s 50-day moving average is $39.59 and its 200-day moving average is $38.99.

Virginia National Bankshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a dividend of $0.33 per share. The ex-dividend date was Friday, December 6th. This represents a $1.32 annualized dividend and a yield of 3.71%. Virginia National Bankshares’s dividend payout ratio is currently 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.