StoneX Group Inc. Takes Position in 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 its most recent disclosure with the Securities and Exchange Commission. The fund purchased 23,940 shares of the company's stock, valued at approximately $433,000. StoneX Group Inc. owned 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. JPMorgan Chase & Co. increased its stake in MainStreet Bancshares by 4,811.8% in the third quarter. JPMorgan Chase & Co. now owns 8,743 shares of the company's stock worth $161,000 after purchasing an additional 8,565 shares during the period. Barclays PLC lifted its holdings in MainStreet Bancshares by 34.0% during the 3rd quarter. Barclays PLC now owns 16,759 shares of the company's stock valued at $310,000 after buying an additional 4,256 shares in the last quarter. Salzhauer Michael boosted its position in MainStreet Bancshares by 11.2% in the 4th quarter. Salzhauer Michael now owns 41,995 shares of the company's stock valued at $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 worth $1,162,000 after acquiring an additional 826 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of MainStreet Bancshares by 1.8% during the fourth 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. 52.29% of the stock is currently owned by institutional investors.

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MainStreet Bancshares Trading Up 1.9 %

Shares of NASDAQ MNSB traded up $0.30 during trading hours on Friday, reaching $16.36. The stock had a trading volume of 18,060 shares, compared to its average volume of 19,301. The business's fifty day moving average price is $16.70 and its two-hundred day moving average price is $17.60. The firm has a market cap of $126.43 million, a price-to-earnings ratio of -10.16 and a beta of 0.43. MainStreet Bancshares, Inc. has a 52-week low of $14.97 and a 52-week high of $20.88. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.37.

MainStreet Bancshares (NASDAQ:MNSB - Get Free Report) last posted its quarterly 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%. Analysts expect 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. Shareholders of record on Monday, February 10th were given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date of this dividend was Monday, February 10th. MainStreet Bancshares's dividend payout ratio (DPR) is -24.84%.

MainStreet Bancshares 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.