First Manhattan CO. LLC. Sells 3,185 Shares of MainStreet Bancshares, Inc. (NASDAQ:MNSB)

First Manhattan CO. LLC. trimmed its position in shares of MainStreet Bancshares, Inc. (NASDAQ:MNSB) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 252,393 shares of the company’s stock after selling 3,185 shares during the period. First Manhattan CO. LLC.’s holdings in MainStreet Bancshares were worth $4,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mendon Capital Advisors Corp increased its position in MainStreet Bancshares by 136.1% in the fourth quarter. Mendon Capital Advisors Corp now owns 51,443 shares of the company’s stock worth $931,000 after purchasing an additional 29,657 shares during the last quarter. StoneX Group Inc. bought a new stake in shares of MainStreet Bancshares in the 4th quarter worth about $433,000. JPMorgan Chase & Co. raised 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 valued at $161,000 after buying an additional 8,565 shares in the last quarter. Fourthstone LLC raised its position in shares of MainStreet Bancshares by 7.5% during the 4th quarter. Fourthstone LLC now owns 83,985 shares of the company’s stock valued at $1,520,000 after buying an additional 5,869 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of MainStreet Bancshares by 6.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 87,909 shares of the company’s stock valued at $1,591,000 after acquiring an additional 5,510 shares during the last quarter. 52.29% of the stock is currently owned by institutional investors.

MainStreet Bancshares Trading Up 0.6 %

Shares of NASDAQ MNSB opened at $19.05 on Friday. MainStreet Bancshares, Inc. has a 1-year low of $15.00 and a 1-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 business’s 50 day moving average is $17.12 and its two-hundred day moving average is $17.46. The stock has a market capitalization of $146.74 million, a P/E ratio of -11.83 and a beta of 0.54.

MainStreet Bancshares (NASDAQ:MNSB) last released its earnings results on Monday, April 21st. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.04. MainStreet Bancshares had a positive return on equity of 2.96% and a negative net margin of 7.24%. The firm had revenue of $17.45 million for the quarter, compared to the consensus estimate of $18.00 million. As a group, research analysts expect that MainStreet Bancshares, Inc. will post 1.1 EPS for the current year.

MainStreet Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 20th. Stockholders of record on Friday, May 9th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Friday, May 9th. MainStreet Bancshares’s dividend payout ratio is currently -23.26%.

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.