Fauquier Bankshares, Inc. (NASDAQ:FBSS) was the target of a significant growth in short interest during the month of November. As of November 29th, there was short interest totalling 1,700 shares, a growth of 21.4% from the November 14th total of 1,400 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.
Shares of Fauquier Bankshares stock traded down $0.30 during trading on Friday, reaching $20.70. The company’s stock had a trading volume of 1,764 shares, compared to its average volume of 936. The stock has a 50-day moving average price of $20.15 and a two-hundred day moving average price of $20.47. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.51. Fauquier Bankshares has a one year low of $17.21 and a one year high of $23.31. The stock has a market capitalization of $78.25 million, a P/E ratio of 11.36 and a beta of 0.43.
Fauquier Bankshares (NASDAQ:FBSS) last released its quarterly earnings results on Monday, October 21st. The financial services provider reported $0.54 earnings per share (EPS) for the quarter. Fauquier Bankshares had a return on equity of 10.82% and a net margin of 19.68%. The business had revenue of $7.80 million during the quarter.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 13th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.42%. This is a boost from Fauquier Bankshares’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Thursday, December 12th.
Several institutional investors have recently added to or reduced their stakes in FBSS. Meridian Financial Partners LLC increased its position in Fauquier Bankshares by 1.3% in the third quarter. Meridian Financial Partners LLC now owns 222,671 shares of the financial services provider’s stock worth $4,326,000 after purchasing an additional 2,830 shares during the period. Vanguard Group Inc. acquired a new stake in Fauquier Bankshares in the second quarter worth about $308,000. Castine Capital Management LLC increased its position in Fauquier Bankshares by 17.1% in the second quarter. Castine Capital Management LLC now owns 153,394 shares of the financial services provider’s stock worth $3,269,000 after purchasing an additional 22,443 shares during the period. Finally, Fayez Sarofim & Co acquired a new stake in Fauquier Bankshares in the second quarter worth about $205,000. 24.34% of the stock is owned by institutional investors and hedge funds.
Separately, ValuEngine raised Fauquier Bankshares from a “sell” rating to a “hold” rating in a report on Saturday, September 14th.
Fauquier Bankshares Company Profile
Fauquier Bankshares, Inc operates as the bank holding company for The Fauquier Bank that provides retail banking services to individuals and businesses. The company accepts various deposits, including interest and noninterest-bearing checking, money market, and savings accounts; and time deposits. Its loan portfolio includes commercial and industrial loans, commercial real estate loans, construction and land loans, consumer and student loans, residential real estate loans, and home equity lines of credit.
See Also: Earnings Per Share
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