Virginia National Bankshares Co. (NASDAQ:VABK – Get Free Report) shares were down 0.2% during midday trading on Friday. The stock had a low of $36.84 and was last traded at $37.02. About 8,169 shares changed hands during midday trading, a decline of 35% from its average daily volume of 12,613 shares. The stock previously closed at $37.10.

Virginia National Bankshares price development

The company has a debt-to-equity ratio of 0.13, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $198.80 million, a PE ratio of 11.64 and a beta of 0.44. The stock’s 50-day simple moving average is $31.57 and its 200-day simple moving average is $30.79.

Virginia National Bankshares (NASDAQ:VABK – Get Free Report) last released its earnings results on Tuesday, April 23. The company reported $0.68 EPS for the quarter. Virginia National Bankshares had a net margin of 21.09% and a return on equity of 11.73%. The company had revenue of $13.11 million for the quarter.

Virginia National Bankshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a dividend of $0.33. This represents an annualized dividend of $1.32 and a dividend yield of 3.57%. The ex-dividend date for this dividend was Friday, June 14th. Virginia National Bankshares’ dividend payout ratio (DPR) is 41.51%.

Institutional inflow and outflow

Several hedge funds and other institutional investors have recently bought and sold shares of VABK. Wetzel Investment Advisors Inc. purchased a new stake in shares of Virginia National Bankshares in the fourth quarter worth approximately $133,000. Tower Research Capital LLC TRC increased its holdings in shares of Virginia National Bankshares by 104.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,419 shares of the company’s stock worth $49,000 after acquiring an additional 724 shares in the last quarter. Atlantic Union Bankshares Corp increased its holdings in shares of Virginia National Bankshares by 5.9% in the first quarter. Atlantic Union Bankshares Corp now owns 14,902 shares of the company’s stock worth $449,000 after acquiring an additional 833 shares in the last quarter. Heritage Wealth Advisors increased its holdings in shares of Virginia National Bankshares by 4,424.9% in the first quarter. Heritage Wealth Advisors now owns 20,000 shares of the company’s stock worth $602,000 after acquiring an additional 19,558 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Virginia National Bankshares by 0.6% in the first quarter. Vanguard Group Inc. now owns 293,781 shares of the company’s stock worth $8,843,000 after acquiring an additional 1,816 shares in the last quarter. 37.39% of the shares are held by hedge funds and other institutional investors.

Virginia National Bankshares Company Profile

(Get free report)

Virginia National Bankshares Corporation is the holding company for Virginia National Bank, which provides a range of commercial and retail banking services. The company operates through the Bank, Sturman Wealth Advisors, VNB Trust and Estate Services, and Masonry Capital segments. It offers checking accounts, demand deposits, NOW accounts, money market deposits, time deposits, certificates of deposit, individual retirement accounts, and other depository services.

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