Barclays PLC Grows Stock Holdings in MainStreet Bancshares, Inc. (NASDAQ:MNSB)

Barclays PLC raised its holdings in MainStreet Bancshares, Inc. (NASDAQ:MNSB) by 34.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,759 shares of the company’s stock after buying an additional 4,256 shares during the period. Barclays PLC owned about 0.22% of MainStreet Bancshares worth $310,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new stake in shares of MainStreet Bancshares during the 2nd quarter worth about $97,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in MainStreet Bancshares during the second quarter worth approximately $162,000. Squarepoint Ops LLC purchased a new stake in shares of MainStreet Bancshares during the 2nd quarter worth approximately $186,000. Mendon Capital Advisors Corp boosted its holdings in shares of MainStreet Bancshares by 3.3% in the 2nd quarter. Mendon Capital Advisors Corp now owns 18,365 shares of the company’s stock valued at $326,000 after buying an additional 585 shares in the last quarter. Finally, GSA Capital Partners LLP grew its position in shares of MainStreet Bancshares by 53.1% in the 3rd quarter. GSA Capital Partners LLP now owns 21,149 shares of the company’s stock valued at $390,000 after buying an additional 7,332 shares during the last quarter. 52.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at MainStreet Bancshares

In related news, insider Michael B. Baboval sold 2,892 shares of the firm’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 transaction, the insider now owns 4,392 shares of the company’s stock, valued at $80,154. This trade represents a 39.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders acquired a total of 743 shares of company stock worth $13,966 in the last 90 days. 9.20% of the stock is owned by insiders.

MainStreet Bancshares Price Performance

Shares of MNSB opened at $16.82 on Monday. 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 1-year low of $14.97 and a 1-year high of $22.58. The stock has a market cap of $127.83 million, a PE ratio of 14.02 and a beta of 0.58. The firm has a fifty day moving average price of $18.21 and a 200 day moving average price of $17.74.

MainStreet Bancshares (NASDAQ:MNSB) last announced its earnings results on Monday, October 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.04). The firm had revenue of $34.48 million during the quarter, compared to analysts’ expectations of $16.03 million. MainStreet Bancshares had a return on equity of 5.77% and a net margin of 8.34%. During the same period in the prior year, the firm earned $0.77 EPS. 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were issued a $0.10 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.38%. MainStreet Bancshares’s payout ratio is 33.33%.

About MainStreet Bancshares

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.