Oak Valley Bancorp (NASDAQ:OVLY) Stake Lifted by Siena Capital Partners GP LLC

Siena Capital Partners GP LLC increased its stake in shares of Oak Valley Bancorp (NASDAQ:OVLY) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 282,665 shares of the financial services provider’s stock after acquiring an additional 12,907 shares during the quarter. Oak Valley Bancorp comprises approximately 5.4% of Siena Capital Partners GP LLC’s holdings, making the stock its 7th largest holding. Siena Capital Partners GP LLC owned 3.45% of Oak Valley Bancorp worth $5,173,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in OVLY. BlackRock Inc. raised its holdings in Oak Valley Bancorp by 5,893.0% in the second quarter. BlackRock Inc. now owns 286,225 shares of the financial services provider’s stock worth $6,546,000 after purchasing an additional 281,449 shares in the last quarter. Northern Trust Corp bought a new position in shares of Oak Valley Bancorp in the 2nd quarter valued at about $316,000. Bank of New York Mellon Corp purchased a new position in Oak Valley Bancorp in the 2nd quarter worth about $492,000. Maltese Capital Management LLC raised its holdings in shares of Oak Valley Bancorp by 22.3% in the 3rd quarter. Maltese Capital Management LLC now owns 116,188 shares of the financial services provider’s stock valued at $2,283,000 after buying an additional 21,188 shares during the period. Finally, Schwab Charles Investment Management Inc. acquired a new position in shares of Oak Valley Bancorp during the second quarter worth approximately $300,000. 20.53% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ OVLY opened at $17.70 on Thursday. The stock has a market cap of $143.87 million, a price-to-earnings ratio of 12.28 and a beta of 0.31. Oak Valley Bancorp has a 1-year low of $16.39 and a 1-year high of $25.65.

The business also recently declared a semiannual dividend, which was paid on Friday, February 8th. Shareholders of record on Monday, January 28th were issued a $0.135 dividend. This represents a yield of 1.52%. This is a boost from Oak Valley Bancorp’s previous semiannual dividend of $0.13. The ex-dividend date was Friday, January 25th.

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Oak Valley Bancorp Company Profile

Oak Valley Bancorp operates as the bank holding company for Oak Valley Community Bank that provides banking products and services to individuals and business enterprises in Oakdale, California and surrounding areas. The company accepts various deposits products, such as checking and savings, money market, health savings, and individual retirement accounts, as well as certificates of deposit.

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Institutional Ownership by Quarter for Oak Valley Bancorp (NASDAQ:OVLY)

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