StoneX Group Inc. Acquires New Position in MainStreet Bancshares, Inc. (NASDAQ:MNSB)

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

A number of other large investors have also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in shares of MainStreet Bancshares by 4,811.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,743 shares of the company’s stock worth $161,000 after buying an additional 8,565 shares during the last quarter. Barclays PLC raised its stake in MainStreet Bancshares by 34.0% during the third quarter. Barclays PLC now owns 16,759 shares of the company’s stock worth $310,000 after acquiring an additional 4,256 shares in the last quarter. Salzhauer Michael lifted its holdings in shares of MainStreet Bancshares by 11.2% in the fourth quarter. Salzhauer Michael now owns 41,995 shares of the company’s stock worth $760,000 after acquiring an additional 4,213 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of 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 purchasing an additional 826 shares in the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of MainStreet Bancshares by 1.8% during the 4th quarter. Empowered Funds LLC now owns 33,064 shares of the company’s stock valued at $598,000 after purchasing an additional 592 shares during the last quarter. Institutional investors and hedge funds own 52.29% of the company’s stock.

MainStreet Bancshares Price Performance

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

MainStreet Bancshares (NASDAQ:MNSB) last released its quarterly earnings data on Monday, January 27th. The company reported ($0.12) earnings per share 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%. Research analysts predict that MainStreet Bancshares, Inc. will post 1.1 earnings per share for the current fiscal year.

MainStreet Bancshares Dividend Announcement

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

About MainStreet Bancshares

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.