De Lisle Partners LLP Has $1.26 Million Stock Holdings in Virginia National Bankshares Co. (NASDAQ:VABK)

De Lisle Partners LLP boosted its holdings in shares of Virginia National Bankshares Co. (NASDAQ:VABK) by 20.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,269 shares of the company’s stock after buying an additional 5,119 shares during the period. De Lisle Partners LLP owned approximately 0.56% of Virginia National Bankshares worth $1,259,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of VABK. Vanguard Group Inc. increased its holdings in shares of Virginia National Bankshares by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 293,781 shares of the company’s stock valued at $8,843,000 after purchasing an additional 1,816 shares during the period. Meridian Financial Partners LLC purchased a new position in Virginia National Bankshares during the second quarter valued at approximately $3,894,000. Bank of New York Mellon Corp increased its stake in Virginia National Bankshares by 5.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 13,483 shares of the company’s stock valued at $442,000 after buying an additional 637 shares during the period. Dimensional Fund Advisors LP lifted its position in Virginia National Bankshares by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 33,702 shares of the company’s stock worth $1,105,000 after buying an additional 1,049 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Virginia National Bankshares by 88.5% during the 2nd quarter. Renaissance Technologies LLC now owns 19,600 shares of the company’s stock valued at $643,000 after buying an additional 9,200 shares during the period. 37.39% of the stock is owned by hedge funds and other institutional investors.

Virginia National Bankshares Trading Up 0.6 %

NASDAQ VABK opened at $41.90 on Thursday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. Virginia National Bankshares Co. has a 1-year low of $24.06 and a 1-year high of $44.00. The firm’s fifty day simple moving average is $41.11 and its 200-day simple moving average is $36.82. The company has a market capitalization of $225.04 million, a PE ratio of 14.50 and a beta of 0.46.

Virginia National Bankshares (NASDAQ:VABK) last issued its earnings results on Thursday, October 17th. The company reported $0.85 earnings per share for the quarter. The company had revenue of $13.48 million for the quarter. Virginia National Bankshares had a return on equity of 9.96% and a net margin of 18.95%.

Virginia National Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date of this dividend is Friday, December 6th. Virginia National Bankshares’s dividend payout ratio (DPR) is presently 45.67%.

Virginia National Bankshares Profile

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.