John Marshall Bancorp, Inc. $JMSB Shares Bought by Toth Financial Advisory Corp

Toth Financial Advisory Corp lifted its stake in shares of John Marshall Bancorp, Inc. (NASDAQ:JMSB – Free Report) by 7.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 360,042 shares of the company’s stock after acquiring an additional 23,789 shares during the quarter. Toth Financial Advisory Corp owned about 2.55% of John Marshall Bancorp worth $8,177,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in JMSB. Legal & General Group Plc acquired a new stake in John Marshall Bancorp in the 2nd quarter worth approximately $25,000. Deutsche Bank AG acquired a new position in John Marshall Bancorp during the second quarter valued at approximately $240,000. KFA Private Wealth Group LLC acquired a new position in John Marshall Bancorp during the first quarter valued at approximately $301,000. GSA Capital Partners LLP bought a new position in shares of John Marshall Bancorp in the second quarter valued at approximately $327,000. Finally, Blue Edge Capital LLC bought a new position in shares of John Marshall Bancorp in the second quarter valued at approximately $338,000. Institutional investors and hedge funds own 39.09% of the company’s stock.

Analyst Ratings Changes

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

Get Our Latest Stock Report on John Marshall Bancorp

John Marshall Bancorp Stock Performance

NASDAQ JMSB traded up $0.11 during trading on Thursday, hitting $22.90. The company’s stock had a trading volume of 72,065 shares, compared to its average volume of 43,568. John Marshall Bancorp, Inc. has a 52 week low of $18.50 and a 52 week high of $24.26. The firm has a market cap of $323.06 million, a P/E ratio of 13.25 and a beta of 0.58. The firm has a 50 day moving average price of $23.10 and a 200 day moving average price of $21.95. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.44.

John Marshall Bancorp (NASDAQ:JMSB – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.06. The company had revenue of $18.78 million during the quarter, compared to analysts’ expectations of $17.41 million. John Marshall Bancorp had a return on equity of 9.16% and a net margin of 20.41%. Equities research analysts forecast that John Marshall Bancorp, Inc. will post 1.94 earnings per share 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. Shareholders of record on Wednesday, August 5th were issued a $0.10 dividend. This is a boost from John Marshall Bancorp’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $0.40 dividend on an annualized basis and a yield of 1.7%. John Marshall Bancorp’s payout ratio is currently 23.12%.

About John Marshall Bancorp

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for John Marshall Bancorp (NASDAQ:JMSB)

Receive News & Ratings for John Marshall Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Marshall Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.