23,940 Shares in MainStreet Bancshares, Inc. (NASDAQ:MNSB) Purchased by StoneX Group Inc.

StoneX Group Inc. acquired a new stake in MainStreet Bancshares, Inc. (NASDAQ:MNSB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 23,940 shares of the company’s stock, valued at approximately $433,000. StoneX Group Inc. owned 0.32% of MainStreet Bancshares as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in MainStreet Bancshares by 4,811.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,743 shares of the company’s stock valued at $161,000 after purchasing an additional 8,565 shares during the last quarter. Barclays PLC lifted its stake in shares of MainStreet Bancshares by 34.0% during the 3rd quarter. Barclays PLC now owns 16,759 shares of the company’s stock worth $310,000 after buying an additional 4,256 shares during the last quarter. Salzhauer Michael boosted its holdings in shares of MainStreet Bancshares by 11.2% during the 4th quarter. Salzhauer Michael now owns 41,995 shares of the company’s stock worth $760,000 after buying an additional 4,213 shares during the period. Geode Capital Management LLC grew its stake in MainStreet Bancshares by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 62,970 shares of the company’s stock valued at $1,162,000 after buying an additional 826 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in MainStreet Bancshares by 1.8% in the 4th quarter. Empowered Funds LLC now owns 33,064 shares of the company’s stock valued at $598,000 after acquiring an additional 592 shares during the period. 52.29% of the stock is currently owned by institutional investors.

MainStreet Bancshares Trading Up 0.7 %

Shares of NASDAQ:MNSB opened at $16.87 on Thursday. MainStreet Bancshares, Inc. has a 12-month low of $14.97 and a 12-month high of $20.88. The business has a 50 day moving average of $16.74 and a 200-day moving average of $17.61. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.37. The stock has a market cap of $130.37 million, a PE ratio of -10.48 and a beta of 0.55.

MainStreet Bancshares (NASDAQ:MNSB) last released its quarterly earnings results on Monday, January 27th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.33). MainStreet Bancshares had a negative net margin of 7.24% and a positive return on equity of 2.96%. As a group, equities research analysts forecast that MainStreet Bancshares, Inc. will post 1.1 earnings per share for the current year.

MainStreet Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 17th. Shareholders of record on Monday, February 10th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date of this dividend was Monday, February 10th. MainStreet Bancshares’s dividend payout ratio is currently -24.84%.

MainStreet Bancshares Company Profile

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.