StoneX Group Inc. Buys Shares of 23,940 MainStreet Bancshares, Inc. (NASDAQ:MNSB)

StoneX Group Inc. purchased a new position in shares of MainStreet Bancshares, Inc. (NASDAQ:MNSB - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,940 shares of the company's stock, valued at approximately $433,000. StoneX Group Inc. owned approximately 0.32% of MainStreet Bancshares at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in MNSB. Geode Capital Management LLC boosted its holdings in shares of MainStreet Bancshares by 1.3% during the third quarter. Geode Capital Management LLC now owns 62,970 shares of the company's stock valued at $1,162,000 after acquiring an additional 826 shares during the period. Salzhauer Michael raised its position 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 in the last quarter. Empowered Funds LLC lifted its stake in shares of MainStreet Bancshares by 1.8% in the 4th quarter. Empowered Funds LLC now owns 33,064 shares of the company's stock worth $598,000 after acquiring an additional 592 shares during the period. Barclays PLC boosted its holdings in shares of MainStreet Bancshares by 34.0% in the third quarter. Barclays PLC now owns 16,759 shares of the company's stock valued at $310,000 after acquiring an additional 4,256 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of MainStreet Bancshares by 4,811.8% during the third quarter. JPMorgan Chase & Co. now owns 8,743 shares of the company's stock valued at $161,000 after acquiring an additional 8,565 shares during the period. 52.29% of the stock is owned by institutional investors and hedge funds.

MainStreet Bancshares Price Performance

MNSB traded down $0.43 during trading on Monday, reaching $15.94. The stock had a trading volume of 4,658 shares, compared to its average volume of 19,296. The stock has a 50 day moving average of $16.70 and a two-hundred day moving average of $17.60. 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 firm has a market capitalization of $123.15 million, a price-to-earnings ratio of -9.90 and a beta of 0.43. MainStreet Bancshares, Inc. has a 1-year low of $14.97 and a 1-year high of $20.88.

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

MainStreet Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 17th. Investors of record on Monday, February 10th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date was Monday, February 10th. MainStreet Bancshares's payout ratio is -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.