Atlantic Union Bankshares Corp Buys 833 Shares of Virginia National Bankshares Co. (NASDAQ:VABK)

Atlantic Union Bankshares Corp grew its position in Virginia National Bankshares Co. (NASDAQ:VABK) by 5.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 14,902 shares of the company’s stock after purchasing an additional 833 shares during the period. Atlantic Union Bankshares Corp’s holdings in Virginia National Bankshares were worth $449,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Tower Research Capital LLC TRC raised its position in shares of Virginia National Bankshares by 104.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,419 shares of the company’s stock valued at $49,000 after buying an additional 724 shares in the last quarter. Hedge funds and other institutional investors own 37.39% of the company’s stock.

Virginia National Bankshares Price Performance

Shares of NASDAQ VABK traded up $0.65 during trading hours on Friday, hitting $32.80. 34,787 shares of the stock were exchanged, compared to its average volume of 12,588. Virginia National Bankshares Co. has a 1-year low of $24.06 and a 1-year high of $43.08. The company has a market cap of $176.14 million, a PE ratio of 10.31 and a beta of 0.40. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.82 and a current ratio of 0.82. The company’s fifty day simple moving average is $29.80 and its two-hundred day simple moving average is $31.27.

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

Virginia National Bankshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.02%. The ex-dividend date is Friday, June 14th. Virginia National Bankshares’s dividend payout ratio (DPR) is presently 41.51%.

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.