10,541 Shares in FVCBankcorp, Inc. (NASDAQ:FVCB) Acquired by Hughes Financial Services LLC

Hughes Financial Services LLC acquired a new position in FVCBankcorp, Inc. (NASDAQ:FVCB) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 10,541 shares of the company’s stock, valued at approximately $132,000.

Other institutional investors also recently modified their holdings of the company. Barclays PLC boosted its stake in FVCBankcorp by 286.4% in the third quarter. Barclays PLC now owns 21,529 shares of the company’s stock worth $281,000 after buying an additional 15,957 shares in the last quarter. Geode Capital Management LLC boosted 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 worth $4,667,000 after buying an additional 4,820 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in FVCBankcorp by 148.0% in the third quarter. JPMorgan Chase & Co. now owns 24,628 shares of the company’s stock worth $321,000 after buying an additional 14,696 shares in the last quarter. State Street Corp boosted its stake in FVCBankcorp by 2.0% in the third quarter. State Street Corp now owns 307,284 shares of the company’s stock worth $4,010,000 after buying an additional 5,974 shares in the last quarter. Finally, Empowered Funds LLC boosted its stake in FVCBankcorp by 5.1% in the fourth quarter. Empowered Funds LLC now owns 56,961 shares of the company’s stock worth $716,000 after buying an additional 2,756 shares in the last quarter. 43.61% of the stock is currently owned by institutional investors.

FVCBankcorp Stock Down 2.9 %

Shares of FVCB opened at $10.01 on Friday. The firm has a market cap of $182.22 million, a P/E ratio of 12.36 and a beta of 0.26. The stock has a 50 day simple moving average of $11.70 and a two-hundred day simple moving average of $12.53. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.00 and a quick ratio of 1.00. FVCBankcorp, Inc. has a 1 year low of $9.78 and a 1 year high of $14.50.

FVCBankcorp (NASDAQ:FVCB) last issued its earnings results on Thursday, January 23rd. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.01. FVCBankcorp had a return on equity of 7.72% and a net margin of 13.00%. On average, analysts forecast that FVCBankcorp, Inc. will post 1.06 earnings per share for the current fiscal year.

About FVCBankcorp

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.