Jane Street Group LLC Invests $220,000 in Red River Bancshares, Inc. (NASDAQ:RRBI)

Jane Street Group LLC bought a new stake in shares of Red River Bancshares, Inc. (NASDAQ:RRBI) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,232 shares of the company’s stock, valued at approximately $220,000. Jane Street Group LLC owned approximately 0.06% of Red River Bancshares as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. FMR LLC grew its position in shares of Red River Bancshares by 140.5% during the third quarter. FMR LLC now owns 2,128 shares of the company’s stock valued at $111,000 after purchasing an additional 1,243 shares in the last quarter. Duncan Williams Asset Management LLC bought a new position in Red River Bancshares during the third quarter valued at approximately $390,000. GSA Capital Partners LLP purchased a new position in Red River Bancshares during the 3rd quarter valued at approximately $409,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Red River Bancshares in the 3rd quarter worth approximately $431,000. Finally, Martingale Asset Management L P raised its holdings in shares of Red River Bancshares by 17.6% during the 3rd quarter. Martingale Asset Management L P now owns 9,425 shares of the company’s stock worth $490,000 after acquiring an additional 1,408 shares in the last quarter. 27.55% of the stock is currently owned by institutional investors.

Red River Bancshares Stock Performance

RRBI stock opened at $49.45 on Monday. The firm has a fifty day moving average price of $56.87 and a 200 day moving average price of $53.26. Red River Bancshares, Inc. has a fifty-two week low of $42.78 and a fifty-two week high of $62.13. The firm has a market cap of $335.12 million, a PE ratio of 10.41 and a beta of 0.63.

Red River Bancshares (NASDAQ:RRBI) last released its quarterly earnings data on Wednesday, October 30th. The company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.18 by $0.09. The business had revenue of $40.32 million during the quarter, compared to analyst estimates of $27.41 million. Red River Bancshares had a net margin of 21.42% and a return on equity of 10.76%. On average, equities analysts predict that Red River Bancshares, Inc. will post 4.79 EPS for the current year.

Red River Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Monday, December 9th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $0.36 dividend on an annualized basis and a yield of 0.73%. Red River Bancshares’s dividend payout ratio (DPR) is presently 7.58%.

About Red River Bancshares

Red River Bancshares, Inc operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit.