Graham Capital Wealth Management LLC Makes New $95,000 Investment in Blue Ridge Bankshares, Inc. (NASDAQ:BRBS)

Graham Capital Wealth Management LLC acquired a new stake in shares of Blue Ridge Bankshares, Inc. (NASDAQ:BRBS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 33,791 shares of the company’s stock, valued at approximately $95,000.

Several other large investors have also modified their holdings of the stock. Ground Swell Capital LLC purchased a new position in shares of Blue Ridge Bankshares in the second quarter worth approximately $36,000. Emerald Mutual Fund Advisers Trust purchased a new position in Blue Ridge Bankshares during the 2nd quarter worth approximately $52,000. AQR Capital Management LLC purchased a new position in Blue Ridge Bankshares during the 2nd quarter worth approximately $72,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Blue Ridge Bankshares during the 2nd quarter valued at $73,000. Finally, Empowered Funds LLC lifted its holdings in shares of Blue Ridge Bankshares by 8.1% in the first quarter. Empowered Funds LLC now owns 53,612 shares of the company’s stock valued at $144,000 after purchasing an additional 4,025 shares in the last quarter. 50.48% of the stock is owned by institutional investors.

Blue Ridge Bankshares Stock Up 1.4 %

Shares of Blue Ridge Bankshares stock traded up $0.04 during midday trading on Friday, hitting $2.94. The company’s stock had a trading volume of 462,067 shares, compared to its average volume of 200,398. The firm has a market capitalization of $67.57 million, a P/E ratio of -0.80 and a beta of 0.68. Blue Ridge Bankshares, Inc. has a 1-year low of $2.05 and a 1-year high of $3.99. The company has a quick ratio of 1.02, a current ratio of 1.05 and a debt-to-equity ratio of 0.75. The stock has a 50-day simple moving average of $2.78 and a 200-day simple moving average of $2.76.

Blue Ridge Bankshares (NASDAQ:BRBS) last released its earnings results on Thursday, July 25th. The company reported ($0.47) earnings per share for the quarter. The business had revenue of $20.39 million for the quarter. Blue Ridge Bankshares had a negative net margin of 32.61% and a negative return on equity of 28.09%.

Blue Ridge Bankshares Profile

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.