Apple Hospitality REIT (APLE)
The hotel-focused real estate investment trust announced Aug. 23 it bought the AC Hotel by Marriott in Portland, Maine for $66.8 million. The 178-room hotel opened in July 2018. It reported an 85 percent occupancy rate in June 2021. With this acquisition, Apple Hospitality has 213 hotels in 35 states.
CAO Rachel Labrecque bought 336 shares at about $15 per share for a total of $5,040. Labrecque directly owns 101,785 shares of common stock.
Chief Capital Investment Officer Jeanette Clarke bought 300 shares at about $14 per share for a total of $4,200. Clarke directly owns 78,804 shares of common stock.
Director Hugh Redd bought 1,000 shares at about $15 per share for a total of $15,000. Redd directly owns 105,229 shares of common stock.
Atlantic Union Bankshares (AUB)
The parent of Atlantic Union Bank posted an investor presentation here.
SVP Raphael J. Shemanski sold 22,990 shares at about $80 per share for a total of $1.8 million. Shemanski directly owns 37,010 shares of common stock.
C&F Financial (CFFI)
The parent of C&F Bank declared a regular cash dividend of $0.40 per share payable Oct. 1, to shareholders of record on Sept. 15.
The used vehicle retailer posted a second quarter loss of $7.2 million, compared with a loss of $213,000 in the same period last year. Click here for a full report.
Genworth Financial (GNW)
The Henrico-based insurer filed its second quarter earnings with income of $240 million, up from a loss of $441 million in the same period last year. Click here for the full report.
Kinsale Capital Group (KNSL)
The Henrico-based insurer released its second quarter earnings reporting net income of $35.6 million, up from $30.3 million in the same period last year. Click here for the full report.
LL Flooring (LL)
The Henrico-based flooring retailer posted second quarter net income of $11.98 million, up from $2.63 million a year ago. Click here for a full report.
Medalist Diversified REIT (MDRR)
The commercial real estate-focused REIT entered into a purchase and sale agreement on Aug. 18 to acquire the Parkway Center, a 64,109-square-foot industrial/office property, in Virginia Beach for $7.3 million. Full announcement here.
Owens & Minor (OMI)
President and CEO Edward A. Pesicka sold 31,785 shares at about $39 per share for a total of $1.2 million. Pesicka directly owns 1.3 million shares of common stock.
Village Bank and Trust Financial (VBC)
The Midlothian-based bank posted its second quarter earnings, citing net income of $3.29 million. That’s up from $2.33 million in the same period of 2020. Click here for the full report.
Performance Food Group (PFGC)
The Goochland-based foods distributor filed its year-end earnings report. In the company’s 2021 fiscal year that ended July 3, it reported $3.5 billion in gross profits and a net income of $40.7 million. In the 2020 fiscal year, the company reported $2.7 billion in gross profits and a loss of $114.1 million. See the full report here.