GSA Capital Partners LLP Raises Stake in MainStreet Bancshares, Inc. (NASDAQ:MNSB)

GSA Capital Partners LLP increased its holdings in shares of MainStreet Bancshares, Inc. (NASDAQ:MNSB) by 53.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,149 shares of the company’s stock after acquiring an additional 7,332 shares during the period. GSA Capital Partners LLP’s holdings in MainStreet Bancshares were worth $390,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cubist Systematic Strategies LLC purchased a new position in shares of MainStreet Bancshares during the second quarter valued at approximately $97,000. Point72 Asia Singapore Pte. Ltd. bought a new position in MainStreet Bancshares during the 2nd quarter valued at approximately $162,000. Squarepoint Ops LLC purchased a new position in MainStreet Bancshares during the second quarter valued at $186,000. Mendon Capital Advisors Corp boosted its holdings in 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 in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of MainStreet Bancshares in the first quarter worth $362,000. Hedge funds and other institutional investors own 52.29% of the company’s stock.

Insider Buying and Selling

In other MainStreet Bancshares news, insider Michael B. Baboval sold 2,892 shares of MainStreet Bancshares stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $18.25, for a total value 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 9.20% of the stock is owned by company insiders.

MainStreet Bancshares Price Performance

Shares of NASDAQ:MNSB opened at $18.35 on Friday. The business has a fifty day moving average price of $17.97 and a 200-day moving average price of $17.34. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market capitalization of $139.46 million, a PE ratio of 15.29 and a beta of 0.57. MainStreet Bancshares, Inc. has a 1-year low of $14.97 and a 1-year high of $25.97.

MainStreet Bancshares (NASDAQ:MNSB) last released its quarterly earnings data on Monday, October 28th. The company reported ($0.04) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.04). The business had revenue of $34.48 million during the quarter, compared to analyst estimates of $16.03 million. MainStreet Bancshares had a net margin of 8.34% and a return on equity of 5.77%. During the same period last year, the business earned $0.77 EPS. As a group, equities analysts expect that MainStreet Bancshares, Inc. will post 0.93 EPS for the current fiscal year.

MainStreet Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.18%. The ex-dividend date was Tuesday, November 12th. MainStreet Bancshares’s dividend payout ratio (DPR) is currently 33.33%.

MainStreet Bancshares Company 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.