Village Bank and Trust Financial Corp. (NASDAQ:VBFC) major shareholder Kenneth R. Lehman purchased 18,797 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was purchased at an average cost of $34.90 per share, with a total value of $656,015.30. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of VBFC stock traded up $0.10 on Friday, hitting $34.90. The stock had a trading volume of 2,600 shares, compared to its average volume of 2,773. The company has a fifty day moving average price of $34.60 and a two-hundred day moving average price of $34.03. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.85. Village Bank and Trust Financial Corp. has a twelve month low of $28.77 and a twelve month high of $36.00. The firm has a market cap of $50.56 million, a P/E ratio of 14.56 and a beta of 0.20.
A hedge fund recently raised its stake in Village Bank and Trust Financial stock. Minerva Advisors LLC grew its holdings in shares of Village Bank and Trust Financial Corp. (NASDAQ:VBFC) by 4.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,245 shares of the financial services provider’s stock after buying an additional 1,000 shares during the quarter. Minerva Advisors LLC owned approximately 1.62% of Village Bank and Trust Financial worth $763,000 at the end of the most recent reporting period. 5.82% of the stock is currently owned by hedge funds and other institutional investors.
About Village Bank and Trust Financial
Village Bank and Trust Financial Corp. operates as the bank holding company for Village Bank that provides banking and related financial services to small and medium sized businesses, professionals, and individuals. The company operates in two segments, Traditional Commercial Banking and Mortgage Banking.
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