H Randolph Holder, Jr. Acquires 6,000 Shares of Oak Valley Bancorp (NASDAQ:OVLY) Stock

Oak Valley Bancorp (NASDAQ:OVLY) Director H Randolph Holder, Jr. acquired 6,000 shares of the company’s stock in a transaction dated Wednesday, January 29th. The shares were purchased at an average price of $25.97 per share, with a total value of $155,820.00. Following the completion of the acquisition, the director now owns 147,633 shares in the company, valued at approximately $3,834,029.01. The trade was a 4.24 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Oak Valley Bancorp Trading Down 0.4 %

OVLY stock opened at $25.87 on Monday. The company has a market cap of $216.27 million, a PE ratio of 8.57 and a beta of 0.35. The stock has a 50-day moving average price of $28.57 and a two-hundred day moving average price of $27.44. Oak Valley Bancorp has a 12-month low of $22.91 and a 12-month high of $32.24.

Oak Valley Bancorp (NASDAQ:OVLY) last issued its earnings results on Friday, January 24th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter. Oak Valley Bancorp had a return on equity of 14.28% and a net margin of 28.03%.

Oak Valley Bancorp Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be issued a dividend of $0.30 per share. This is a positive change from Oak Valley Bancorp’s previous semi-annual dividend of $0.23. The ex-dividend date is Monday, February 3rd. This represents a dividend yield of 1.7%. Oak Valley Bancorp’s payout ratio is presently 14.90%.

Institutional Trading of Oak Valley Bancorp

A number of institutional investors have recently added to or reduced their stakes in OVLY. Dimensional Fund Advisors LP lifted its stake in shares of Oak Valley Bancorp by 8.1% during the second quarter. Dimensional Fund Advisors LP now owns 95,508 shares of the financial services provider’s stock worth $2,384,000 after purchasing an additional 7,176 shares in the last quarter. Empowered Funds LLC lifted its position in Oak Valley Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 38,004 shares of the financial services provider’s stock worth $1,010,000 after acquiring an additional 1,876 shares in the last quarter. Seizert Capital Partners LLC purchased a new position in Oak Valley Bancorp in the 3rd quarter worth approximately $327,000. FMR LLC boosted its holdings in Oak Valley Bancorp by 0.4% in the 3rd quarter. FMR LLC now owns 217,128 shares of the financial services provider’s stock worth $5,769,000 after acquiring an additional 842 shares during the period. Finally, Fourthstone LLC acquired a new stake in Oak Valley Bancorp in the third quarter valued at approximately $295,000. 30.86% of the stock is owned by hedge funds and other institutional investors.

Oak Valley Bancorp Company Profile

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides a range of commercial banking services to individuals and small to medium-sized businesses in the Central Valley and the Eastern Sierras. The company's deposits products include checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.