Lido Advisors LLC bought a new stake in shares of John Marshall Bancorp, Inc. (NASDAQ:JMSB – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,500 shares of the company’s stock, valued at approximately $251,000. Lido Advisors LLC owned 0.09% of John Marshall Bancorp as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of JMSB. Rhumbline Advisers grew its stake in John Marshall Bancorp by 3.0% during the fourth quarter. Rhumbline Advisers now owns 18,531 shares of the company’s stock worth $372,000 after purchasing an additional 536 shares during the period. Barclays PLC boosted its holdings in shares of John Marshall Bancorp by 14.6% during the 4th quarter. Barclays PLC now owns 18,835 shares of the company’s stock worth $378,000 after buying an additional 2,399 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of John Marshall Bancorp during the 4th quarter worth approximately $105,000. Northern Trust Corp increased its stake in shares of John Marshall Bancorp by 6.0% in 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 in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of John Marshall Bancorp by 156.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,769 shares of the company’s stock valued at $391,000 after acquiring an additional 12,064 shares during the period. Institutional investors and hedge funds own 39.09% of the company’s stock.
Insider Activity
In other John Marshall Bancorp news, CFO Kent Carstater purchased 5,000 shares of John Marshall Bancorp stock in a transaction that occurred on Friday, April 25th. The stock was acquired at an average price of $15.77 per share, with a total value of $78,850.00. Following the transaction, the chief financial officer now owns 48,131 shares in the company, valued at $759,025.87. This trade represents a 11.59 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 12.73% of the company’s stock.
John Marshall Bancorp Trading Down 1.1 %
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 15.23% and a return on equity of 7.20%. The company had revenue of $14.60 million for the quarter.
John Marshall Bancorp Increases Dividend
The company also recently disclosed an annual dividend, which will be paid on Monday, July 7th. Stockholders of record on Friday, June 27th will be issued a dividend of $0.30 per share. This is an increase from John Marshall Bancorp’s previous annual dividend of $0.25. The ex-dividend date is Friday, June 27th. This represents a dividend yield of 2%. John Marshall Bancorp’s payout ratio is currently 24.19%.
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.
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