Toth Financial Advisory Corp Has $6.88 Million Stake in John Marshall Bancorp, Inc. (NASDAQ:JMSB)

Toth Financial Advisory Corp reduced its holdings in John Marshall Bancorp, Inc. (NASDAQ:JMSB - Free Report) by 4.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 416,544 shares of the company's stock after selling 18,210 shares during the quarter. Toth Financial Advisory Corp owned 2.92% of John Marshall Bancorp worth $6,881,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in John Marshall Bancorp during the 4th quarter worth approximately $105,000. Lido Advisors LLC acquired a new stake in shares of John Marshall Bancorp during the fourth quarter worth $251,000. Deutsche Bank AG acquired a new position in John Marshall Bancorp in the 4th quarter worth $261,000. Citadel Advisors LLC boosted its stake in John Marshall Bancorp by 12.7% in the 4th quarter. Citadel Advisors LLC now owns 16,423 shares of the company's stock worth $330,000 after purchasing an additional 1,851 shares during the period. Finally, Rhumbline Advisers increased its holdings in John Marshall Bancorp by 3.0% during the 4th quarter. Rhumbline Advisers now owns 18,531 shares of the company's stock worth $372,000 after purchasing an additional 536 shares in the last quarter. Institutional investors and hedge funds own 39.09% of the company's stock.

John Marshall Bancorp Stock Performance

JMSB opened at $17.81 on Monday. The company has a market capitalization of $254.29 million, a price-to-earnings ratio of 14.84 and a beta of 0.67. The business's 50-day moving average price is $16.38 and its two-hundred day moving average price is $18.47. John Marshall Bancorp, Inc. has a 1 year low of $13.81 and a 1 year high of $26.52. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.04 and a quick ratio of 1.04.

John Marshall Bancorp (NASDAQ:JMSB - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The company reported $0.34 earnings per share (EPS) for the quarter. John Marshall Bancorp had a return on equity of 7.20% and a net margin of 15.23%. The business had revenue of $14.60 million for the quarter.

John Marshall Bancorp Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Monday, July 7th. Stockholders of record on Friday, June 27th will be given a $0.30 dividend. This represents a dividend yield of 2%. The ex-dividend date is Friday, June 27th. This is a positive change from John Marshall Bancorp's previous annual dividend of $0.25. John Marshall Bancorp's payout ratio is currently 24.19%.

Insider Buying and Selling

In other John Marshall Bancorp news, CFO Kent Carstater purchased 5,000 shares of the stock in a transaction on Friday, April 25th. The shares were purchased at an average cost of $15.77 per share, for a total transaction of $78,850.00. Following the purchase, the chief financial officer now owns 48,131 shares of the company's stock, valued at approximately $759,025.87. This represents a 11.59% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 12.05% of the stock is currently 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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