Graham Capital Wealth Management LLC boosted its stake in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS - Free Report) by 1,446.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 522,478 shares of the company's stock after purchasing an additional 488,687 shares during the quarter. Graham Capital Wealth Management LLC owned about 0.71% of Blue Ridge Bankshares worth $1,682,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Walleye Capital LLC bought a new position in Blue Ridge Bankshares in the third quarter valued at about $34,000. Fiduciary Trust Co bought a new position in Blue Ridge Bankshares in the third quarter valued at about $38,000. GSA Capital Partners LLP bought a new position in Blue Ridge Bankshares in the third quarter valued at about $68,000. AQR Capital Management LLC bought a new position in Blue Ridge Bankshares in the second quarter valued at about $72,000. Finally, Raffles Associates LP bought a new position in Blue Ridge Bankshares in the third quarter valued at about $120,000. Institutional investors and hedge funds own 50.48% of the company's stock.
Blue Ridge Bankshares Price Performance
Blue Ridge Bankshares stock traded up $0.06 during midday trading on Thursday, reaching $3.58. The company's stock had a trading volume of 201,861 shares, compared to its average volume of 197,722. Blue Ridge Bankshares, Inc. has a 52 week low of $2.33 and a 52 week high of $3.69. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average price of $3.33 and a 200-day moving average price of $3.03. The stock has a market cap of $263.20 million, a PE ratio of -5.59 and a beta of 0.83.
Blue Ridge Bankshares Profile
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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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