Goldman Sachs Group Inc. Has $313,000 Holdings in John Marshall Bancorp, Inc. $JMSB

Key Points

• Goldman Sachs Group Inc. reduced its holdings in John Marshall Bancorp by 46.5%, now owning around 18,949 shares valued at approximately $313,000.
• John Marshall Bancorp reported a quarterly earnings per share (EPS) of $0.36, exceeding estimates, while its market capitalization stands at $288.36 million.
• CFO Kent Carstater purchased 5,000 shares of John Marshall Bancorp at an average price of $18.43 per share, boosting his ownership to approximately 53,131 shares.

Goldman Sachs Group Inc. lessened its position in shares of John Marshall Bancorp, Inc. (NASDAQ:JMSB - Free Report) by 46.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,949 shares of the company's stock after selling 16,440 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.13% of John Marshall Bancorp worth $313,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of JMSB. Strs Ohio acquired a new stake in shares of John Marshall Bancorp during the 1st quarter worth approximately $26,000. Jane Street Group LLC bought a new stake in shares of John Marshall Bancorp during the first quarter worth $243,000. Deutsche Bank AG bought a new stake in shares of John Marshall Bancorp during the fourth quarter worth $261,000. Citadel Advisors LLC raised its position in shares of John Marshall Bancorp by 12.7% during the fourth quarter. Citadel Advisors LLC now owns 16,423 shares of the company's stock worth $330,000 after acquiring an additional 1,851 shares during the last quarter. Finally, Nuveen LLC bought a new stake in shares of John Marshall Bancorp during the first quarter worth $564,000. Institutional investors and hedge funds own 39.09% of the company's stock.

John Marshall Bancorp Price Performance

Shares of John Marshall Bancorp stock opened at $20.28 on Friday. John Marshall Bancorp, Inc. has a 1 year low of $13.81 and a 1 year high of $26.52. The business has a 50-day moving average of $19.65 and a two-hundred day moving average of $18.02. The company has a market capitalization of $288.36 million, a P/E ratio of 15.25 and a beta of 0.70. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.06 and a quick ratio of 1.06.

John Marshall Bancorp (NASDAQ:JMSB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.01. John Marshall Bancorp had a return on equity of 7.60% and a net margin of 16.68%.The company had revenue of $15.43 million during the quarter, compared to the consensus estimate of $15.52 million.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods assumed coverage on John Marshall Bancorp in a research note on Monday, July 21st. They set an "outperform" rating and a $22.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, John Marshall Bancorp presently has a consensus rating of "Buy" and a consensus price target of $22.00.

Insider Buying and Selling at John Marshall Bancorp

In other news, CFO Kent Carstater acquired 5,000 shares of John Marshall Bancorp stock in a transaction dated Thursday, July 31st. The stock was bought at an average cost of $18.43 per share, with a total value of $92,150.00. Following the completion of the transaction, the chief financial officer directly owned 53,131 shares of the company's stock, valued at approximately $979,204.33. This represents a 10.39% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 12.05% of the stock is owned by corporate insiders.

John Marshall Bancorp Profile

John Marshall Bancorp, Inc operates as the bank holding company for John Marshall Bank that provides banking products and financial services. The company accepts checking, demand, NOW, savings, and money market accounts, as well as certificates of deposit. It offers residential and commercial construction and development loans, commercial term, mortgage, commercial real estate, industrial loans, and other commercial lines of credit; debit and credit cards; and treasury and cash management, investment, business and personal insurance, remote deposit capture, deposit sweep and online and mobile banking services.

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