Rhino Investment Partners Inc Purchases New Stake in John Marshall Bancorp, Inc. $JMSB

Rhino Investment Partners Inc purchased a new stake in shares of John Marshall Bancorp, Inc. (NASDAQ:JMSB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 40,721 shares of the company’s stock, valued at approximately $807,000. John Marshall Bancorp accounts for approximately 0.3% of Rhino Investment Partners Inc’s holdings, making the stock its 29th largest holding. Rhino Investment Partners Inc owned about 0.29% of John Marshall Bancorp at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. FJ Capital Management LLC increased its position in shares of John Marshall Bancorp by 29.1% in the second quarter. FJ Capital Management LLC now owns 413,353 shares of the company’s stock valued at $7,659,000 after acquiring an additional 93,226 shares during the period. Fourthstone LLC purchased a new stake in shares of John Marshall Bancorp during the second quarter worth about $1,535,000. Snowden Capital Advisors LLC bought a new stake in shares of John Marshall Bancorp in the second quarter worth about $396,000. Jane Street Group LLC bought a new stake in shares of John Marshall Bancorp in the first quarter worth about $243,000. Finally, Evermay Wealth Management LLC increased its holdings in John Marshall Bancorp by 4.3% during the 3rd quarter. Evermay Wealth Management LLC now owns 348,424 shares of the company’s stock valued at $6,906,000 after purchasing an additional 14,444 shares during the period. Institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Price Performance

JMSB stock opened at $19.60 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a 50 day moving average price of $20.05 and a 200-day moving average price of $19.91. John Marshall Bancorp, Inc. has a 52-week low of $13.81 and a 52-week high of $21.58. The firm has a market capitalization of $277.93 million, a price-to-earnings ratio of 13.07 and a beta of 0.70.

John Marshall Bancorp (NASDAQ:JMSB) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.03. The company had revenue of $16.35 million for the quarter, compared to the consensus estimate of $16.54 million. John Marshall Bancorp had a return on equity of 8.31% and a net margin of 18.41%.

John Marshall Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 11th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, February 11th. John Marshall Bancorp’s dividend payout ratio is currently 24.00%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of John Marshall Bancorp in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $22.00.

John Marshall Bancorp Profile

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.

 

The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

Featured Articles

• Five stocks we like better than John Marshall Bancorp
• A personal warning from Martin Weiss (Please read)
• SpaceX IPO Confirmed: Claim Your Stake Today
• Iran isn’t the real war
• $30 stock to buy before Starlink goes public (WATCH NOW!)
• This coin has everything going for it

Want to see what other hedge funds are holding JMSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John Marshall Bancorp, Inc. (NASDAQ:JMSB).