Jane Street Group LLC Decreases Stake in MainStreet Bancshares, Inc. (NASDAQ:MNSB)

Jane Street Group LLC lowered its holdings in MainStreet Bancshares, Inc. (NASDAQ:MNSB) by 6.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,761 shares of the company’s stock after selling 872 shares during the quarter. Jane Street Group LLC owned 0.18% of MainStreet Bancshares worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Cubist Systematic Strategies LLC purchased a new position in shares of MainStreet Bancshares in the second quarter worth $97,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of MainStreet Bancshares in the second quarter worth $162,000. Squarepoint Ops LLC bought a new stake in shares of MainStreet Bancshares in the second quarter worth $186,000. Mendon Capital Advisors Corp grew its holdings in shares of MainStreet Bancshares by 3.3% in the second quarter. Mendon Capital Advisors Corp now owns 18,365 shares of the company’s stock worth $326,000 after acquiring an additional 585 shares during the period. Finally, GSA Capital Partners LLP grew its holdings in shares of MainStreet Bancshares by 53.1% in the third quarter. GSA Capital Partners LLP now owns 21,149 shares of the company’s stock worth $390,000 after acquiring an additional 7,332 shares during the period. Hedge funds and other institutional investors own 52.29% of the company’s stock.

Insider Buying and Selling at MainStreet Bancshares

In other MainStreet Bancshares news, insider Michael B. Baboval sold 2,892 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $18.25, for a total transaction of $52,779.00. Following the completion of the sale, the insider now owns 4,392 shares of the company’s stock, valued at approximately $80,154. The trade was a 39.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders purchased 743 shares of company stock valued at $13,966. Company insiders own 9.20% of the company’s stock.

MainStreet Bancshares Stock Performance

Shares of MNSB opened at $16.84 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.08 and a quick ratio of 1.08. MainStreet Bancshares, Inc. has a one year low of $14.97 and a one year high of $23.89. The firm has a market capitalization of $128.03 million, a P/E ratio of 14.03 and a beta of 0.58. The business has a fifty day moving average of $18.32 and a 200 day moving average of $17.77.

MainStreet Bancshares (NASDAQ:MNSB) last issued its quarterly earnings data on Monday, October 28th. The company reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). MainStreet Bancshares had a return on equity of 5.77% and a net margin of 8.34%. The company had revenue of $34.48 million during the quarter, compared to analyst estimates of $16.03 million. During the same quarter in the previous year, the company posted $0.77 earnings per share. As a group, sell-side analysts anticipate that MainStreet Bancshares, Inc. will post 0.84 EPS for the current year.

MainStreet Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Shareholders of record on Tuesday, November 12th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.38%. The ex-dividend date was Tuesday, November 12th. MainStreet Bancshares’s dividend payout ratio is presently 33.33%.

MainStreet Bancshares Profile

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.