Jacobs Asset Management LLC Raises Stock Holdings in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Jacobs Asset Management LLC increased its holdings in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) by 20.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 456,886 shares of the company’s stock after acquiring an additional 77,509 shares during the quarter. Blue Ridge Bankshares makes up about 0.9% of Jacobs Asset Management LLC’s holdings, making the stock its 26th largest position. Jacobs Asset Management LLC owned about 0.62% of Blue Ridge Bankshares worth $1,471,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Alpine Global Management LLC purchased a new position in shares of Blue Ridge Bankshares in the 4th quarter worth about $34,000. Boothbay Fund Management LLC bought a new stake in Blue Ridge Bankshares in the fourth quarter worth about $41,000. Wells Fargo & Company MN purchased a new position in Blue Ridge Bankshares in the fourth quarter valued at about $42,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Blue Ridge Bankshares during the 4th quarter valued at approximately $43,000. Finally, Tower Research Capital LLC TRC increased its stake in shares of Blue Ridge Bankshares by 3,602.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 18,362 shares of the company’s stock worth $59,000 after purchasing an additional 17,866 shares during the last quarter. Hedge funds and other institutional investors own 50.48% of the company’s stock.

Blue Ridge Bankshares Trading Down 0.3 %

NASDAQ:BRBS opened at $3.55 on Friday. The firm’s 50 day moving average is $3.29 and its 200 day moving average is $3.34. Blue Ridge Bankshares, Inc. has a 12 month low of $2.45 and a 12 month high of $3.83. The stock has a market capitalization of $311.64 million, a PE ratio of -5.55 and a beta of 0.80. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 0.68.

Insider Buying and Selling at Blue Ridge Bankshares

In other news, Director Carolyn J. Woodruff sold 8,924 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $3.75, for a total value of $33,465.00. Following the sale, the director now owns 138,179 shares of the company’s stock, valued at $518,171.25. The trade was a 6.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 3.08% of the company’s stock.

About Blue Ridge Bankshares

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.