Toth Financial Advisory Corp Purchases 23,789 Shares of John Marshall Bancorp, Inc. $JMSB

Toth Financial Advisory Corp boosted its position in shares of John Marshall Bancorp, Inc. (NASDAQ:JMSB) by 7.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 360,042 shares of the company’s stock after buying an additional 23,789 shares during the quarter. Toth Financial Advisory Corp’s holdings in John Marshall Bancorp were worth $8,177,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of JMSB. Legal & General Group Plc acquired a new stake in John Marshall Bancorp during the second quarter valued at approximately $25,000. Renaissance Technologies LLC grew its stake in shares of John Marshall Bancorp by 22.0% in the 1st quarter. Renaissance Technologies LLC now owns 31,600 shares of the company’s stock valued at $641,000 after purchasing an additional 5,700 shares during the period. Quantinno Capital Management LP raised its holdings in shares of John Marshall Bancorp by 55.6% in the 1st quarter. Quantinno Capital Management LP now owns 25,245 shares of the company’s stock worth $512,000 after buying an additional 9,025 shares in the last quarter. Deutsche Bank AG acquired a new position in shares of John Marshall Bancorp in the 2nd quarter worth approximately $240,000. Finally, KFA Private Wealth Group LLC bought a new position in shares of John Marshall Bancorp during the 1st quarter worth approximately $301,000. Institutional investors own 39.09% of the company’s stock.

John Marshall Bancorp Price Performance

Shares of John Marshall Bancorp stock traded up $0.11 during trading on Thursday, reaching $22.90. The company’s stock had a trading volume of 72,065 shares, compared to its average volume of 43,568. The stock has a 50-day moving average price of $23.10 and a two-hundred day moving average price of $21.95. The stock has a market capitalization of $323.06 million, a P/E ratio of 13.25 and a beta of 0.58. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.44. John Marshall Bancorp, Inc. has a one year low of $18.50 and a one year high of $24.26.

John Marshall Bancorp (NASDAQ:JMSB) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. The firm had revenue of $18.78 million for the quarter, compared to analyst estimates of $17.41 million. John Marshall Bancorp had a net margin of 20.41% and a return on equity of 9.16%. As a group, sell-side analysts anticipate that John Marshall Bancorp, Inc. will post 1.94 EPS for the current fiscal year.

John Marshall Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Wednesday, August 5th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.7%. This is an increase from John Marshall Bancorp’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, August 5th. John Marshall Bancorp’s payout ratio is currently 23.12%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of John Marshall Bancorp in a research note on Tuesday, August 18th. Zacks Research lowered John Marshall Bancorp from a “hold” rating to a “strong sell” rating in a research note on Friday, September 25th. Keefe, Bruyette & Woods lifted their price objective on John Marshall Bancorp from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, September 14th. Finally, Wall Street Zen upgraded shares of John Marshall Bancorp from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $25.00.

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.

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