Azora Capital LP boosted its holdings in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) by 33.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,688,761 shares of the company's stock after buying an additional 674,146 shares during the period. Azora Capital LP owned approximately 3.66% of Blue Ridge Bankshares worth $7,529,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of the business. Walleye Capital LLC purchased a new position in shares of Blue Ridge Bankshares during the 3rd quarter valued at $34,000. Fiduciary Trust Co purchased a new position in shares of Blue Ridge Bankshares during the 3rd quarter valued at $38,000. Ground Swell Capital LLC purchased a new position in shares of Blue Ridge Bankshares during the 2nd quarter valued at $36,000. Emerald Mutual Fund Advisers Trust bought a new stake in shares of Blue Ridge Bankshares during the 2nd quarter worth $52,000. Finally, GSA Capital Partners LLP bought a new stake in shares of Blue Ridge Bankshares during the 3rd quarter worth $68,000. 50.48% of the stock is currently owned by hedge funds and other institutional investors.
Blue Ridge Bankshares Price Performance
Shares of NASDAQ BRBS traded up $0.02 during mid-day trading on Monday, reaching $3.55. 496,766 shares of the company were exchanged, compared to its average volume of 230,437. Blue Ridge Bankshares, Inc. has a 52 week low of $2.30 and a 52 week high of $3.99. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $260.61 million, a PE ratio of -3.88 and a beta of 0.67. The company's 50 day moving average price is $3.04 and its 200 day moving average price is $2.89.
Blue Ridge Bankshares (NASDAQ:BRBS - Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.01 earnings per share (EPS) for the quarter. Blue Ridge Bankshares had a negative net margin of 10.60% and a negative return on equity of 7.44%. The firm had revenue of $21.84 million for the quarter.
About Blue Ridge Bankshares
(
Free Report)
Blue Ridge Bankshares, Inc operates as a bank holding company for the Blue Ridge Bank, National Association that provides commercial and consumer banking, and financial services. It operates through: Commercial Banking and Mortgage Banking segments. The company accepts checking, savings, money market, cash management, and individual retirement accounts, as well as certificates of deposit.
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