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

Hughes Financial Services LLC purchased a new position in FVCBankcorp, Inc. (NASDAQ:FVCB) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 10,541 shares of the company’s stock, valued at approximately $132,000. Hughes Financial Services LLC owned about 0.06% of FVCBankcorp as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in FVCBankcorp by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 357,570 shares of the company’s stock valued at $4,667,000 after acquiring an additional 4,820 shares during the period. State Street Corp raised its stake in FVCBankcorp by 2.0% in the 3rd quarter. State Street Corp now owns 307,284 shares of the company’s stock valued at $4,010,000 after acquiring an additional 5,974 shares during the period. Fourthstone LLC bought a new stake in FVCBankcorp in the 3rd quarter valued at about $1,371,000. Empowered Funds LLC raised its stake in FVCBankcorp by 5.1% in the 4th quarter. Empowered Funds LLC now owns 56,961 shares of the company’s stock valued at $716,000 after acquiring an additional 2,756 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in FVCBankcorp by 18.9% in the 4th quarter. Bank of New York Mellon Corp now owns 48,784 shares of the company’s stock valued at $613,000 after acquiring an additional 7,743 shares during the period. 43.61% of the stock is currently owned by institutional investors.

FVCBankcorp Trading Down 2.9 %

Shares of FVCBankcorp stock opened at $10.01 on Friday. FVCBankcorp, Inc. has a 52-week low of $9.78 and a 52-week high of $14.50. The stock’s 50-day simple moving average is $11.70 and its 200 day simple moving average is $12.53. The stock has a market capitalization of $182.22 million, a P/E ratio of 12.36 and a beta of 0.26. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00.

FVCBankcorp (NASDAQ:FVCB) last announced its quarterly earnings results on Thursday, January 23rd. The company reported $0.26 earnings per share for the quarter, beating 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%. As a group, research analysts anticipate that FVCBankcorp, Inc. will post 1.06 EPS for the current year.

FVCBankcorp Profile

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.