John Marshall Bancorp (NASDAQ:JMSB) Stock Price Down 0.7% - Should You Sell?

John Marshall Bancorp, Inc. (NASDAQ:JMSB - Get Free Report)'s stock price traded down 0.7% during mid-day trading on Monday . The stock traded as low as $18.50 and last traded at $18.53. 17,683 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 20,462 shares. The stock had previously closed at $18.67.

John Marshall Bancorp Stock Up 3.1%

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.02. The business has a 50 day simple moving average of $17.37 and a 200-day simple moving average of $17.93. The firm has a market capitalization of $272.71 million, a price-to-earnings ratio of 15.40 and a beta of 0.67.

John Marshall Bancorp (NASDAQ:JMSB - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $0.34 earnings per share (EPS) for the quarter. John Marshall Bancorp had a net margin of 15.76% and a return on equity of 7.25%. The firm had revenue of $14.60 million during the quarter.

John Marshall Bancorp Increases Dividend

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

Insider Activity at John Marshall Bancorp

In other news, CFO Kent Carstater acquired 5,000 shares of the company's stock in a transaction dated Friday, April 25th. The stock was acquired at an average cost of $15.77 per share, with a total value of $78,850.00. Following the completion of the purchase, the chief financial officer owned 48,131 shares of the company's stock, valued at $759,025.87. This represents a 11.59% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 12.05% of the company's stock.

Hedge Funds Weigh In On John Marshall Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. Strs Ohio acquired a new stake in shares of John Marshall Bancorp during the first quarter worth about $26,000. Lido Advisors LLC acquired a new stake in John Marshall Bancorp during the 4th quarter worth approximately $251,000. Deutsche Bank AG purchased a new position in John Marshall Bancorp in the 4th quarter valued at approximately $261,000. Jane Street Group LLC acquired a new position in shares of John Marshall Bancorp in the first quarter worth $243,000. Finally, Citadel Advisors LLC increased 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 period. 39.09% of the stock is currently owned by hedge funds and other institutional investors.

John Marshall Bancorp Company 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.