Toth Financial Advisory Corp Lowers Position in John Marshall Bancorp, Inc. (NASDAQ:JMSB)

Toth Financial Advisory Corp reduced its position in John Marshall Bancorp, Inc. (NASDAQ:JMSB - Free Report) by 4.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. 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 quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of John Marshall Bancorp by 278.1% in the 4th quarter. Bank of America Corp DE now owns 269,723 shares of the company's stock worth $5,416,000 after purchasing an additional 198,383 shares in the last quarter. Citadel Advisors LLC boosted its holdings in John Marshall Bancorp by 12.7% during the 4th quarter. Citadel Advisors LLC now owns 16,423 shares of the company's stock valued at $330,000 after acquiring an additional 1,851 shares during the period. Northern Trust Corp boosted its holdings in John Marshall Bancorp by 6.0% during the 4th quarter. Northern Trust Corp now owns 108,839 shares of the company's stock valued at $2,185,000 after acquiring an additional 6,178 shares during the period. SG Americas Securities LLC purchased a new stake in John Marshall Bancorp during the 4th quarter valued at about $105,000. Finally, T. Rowe Price Investment Management Inc. boosted its holdings in John Marshall Bancorp by 8.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,943,902 shares of the company's stock valued at $39,034,000 after acquiring an additional 155,234 shares during the period. 39.09% of the stock is currently owned by hedge funds and other institutional investors.

John Marshall Bancorp Trading Down 0.2%

JMSB stock traded down $0.03 during trading on Thursday, hitting $17.43. 14,496 shares of the company traded hands, compared to its average volume of 20,472. The firm has a market capitalization of $248.87 million, a PE ratio of 14.53 and a beta of 0.67. John Marshall Bancorp, Inc. has a 1 year low of $13.81 and a 1 year high of $26.52. The company has a 50-day moving average of $16.50 and a 200-day moving average of $18.41. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.04 and a current ratio of 1.04.

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

John Marshall Bancorp Increases Dividend

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

Insider Activity

In other news, CFO Kent Carstater bought 5,000 shares of the stock in a transaction dated Friday, April 25th. The stock was bought at an average price of $15.77 per share, for a total transaction of $78,850.00. Following the purchase, the chief financial officer now directly owns 48,131 shares in the company, valued at $759,025.87. This trade represents a 11.59% increase in their position. The purchase 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 currently owned by company 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.