Oak Valley Bancorp (NASDAQ:OVLY) Posts Quarterly Earnings Results

Oak Valley Bancorp (NASDAQ:OVLY) posted its quarterly earnings data on Wednesday. The financial services provider reported $999.00 EPS for the quarter, reports. Oak Valley Bancorp had a net margin of 25.16% and a return on equity of 12.33%.

Oak Valley Bancorp Price Performance

Shares of Oak Valley Bancorp stock opened at $34.19 on Thursday. The firm has a fifty day moving average price of $32.97 and a 200 day moving average price of $30.60. Oak Valley Bancorp has a 1 year low of $24.05 and a 1 year high of $35.47. The stock has a market cap of $287.54 million, a PE ratio of 11.87 and a beta of 0.23.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC raised its holdings in shares of Oak Valley Bancorp by 9.0% during the fourth quarter. AQR Capital Management LLC now owns 19,063 shares of the financial services provider’s stock worth $573,000 after purchasing an additional 1,582 shares during the last quarter. Barclays PLC increased its stake in shares of Oak Valley Bancorp by 3.4% during the fourth quarter. Barclays PLC now owns 28,594 shares of the financial services provider’s stock worth $860,000 after purchasing an additional 931 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Oak Valley Bancorp during the fourth quarter worth about $42,000. Fourthstone LLC increased its stake in shares of Oak Valley Bancorp by 84.1% during the fourth quarter. Fourthstone LLC now owns 305,401 shares of the financial services provider’s stock worth $9,180,000 after purchasing an additional 139,545 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Oak Valley Bancorp by 0.8% during the fourth quarter. State Street Corp now owns 99,225 shares of the financial services provider’s stock worth $2,983,000 after purchasing an additional 806 shares in the last quarter. Hedge funds and other institutional investors own 30.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “buy (b)” rating on shares of Oak Valley Bancorp in a report on Friday, April 10th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Oak Valley Bancorp Company Profile

Oak Valley Bancorp is the bank holding company for Oak Valley Community Bank, a California-chartered commercial bank headquartered in Lodi, California. Through its subsidiary, the company offers a full suite of banking services tailored to individuals, businesses, agricultural enterprises and nonprofit organizations. Its product portfolio includes checking and savings accounts, money market instruments, certificates of deposit and individual retirement accounts, alongside digital banking tools such as mobile and online banking platforms.

On the lending side, Oak Valley Bancorp provides commercial real estate and construction loans, agricultural and farm real estate financing, equipment leases, SBA-initiated programs and lines of credit.