MainStreet Bancshares, Inc. (NASDAQ:MNSB) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in MainStreet Bancshares, Inc. (NASDAQ:MNSB) by 34.0% during the 3rd quarter, Holdings Channel reports. The firm owned 16,759 shares of the company’s stock after purchasing an additional 4,256 shares during the quarter. Barclays PLC’s holdings in MainStreet Bancshares were worth $310,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Fourthstone LLC purchased a new stake in MainStreet Bancshares in the 3rd quarter valued at approximately $1,441,000. Acadian Asset Management LLC raised its holdings in shares of MainStreet Bancshares by 48.0% in the second quarter. Acadian Asset Management LLC now owns 78,465 shares of the company’s stock worth $1,390,000 after acquiring an additional 25,431 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in shares of MainStreet Bancshares in the second quarter valued at $186,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of MainStreet Bancshares during the second quarter valued at $162,000. Finally, GSA Capital Partners LLP increased its position in MainStreet Bancshares by 53.1% during the 3rd quarter. GSA Capital Partners LLP now owns 21,149 shares of the company’s stock worth $390,000 after purchasing an additional 7,332 shares in the last quarter. 52.29% of the stock is currently owned by institutional investors and hedge funds.

MainStreet Bancshares Price Performance

NASDAQ:MNSB opened at $17.45 on Friday. MainStreet Bancshares, Inc. has a 12-month low of $14.97 and a 12-month high of $24.27. The firm has a market cap of $132.67 million, a price-to-earnings ratio of 14.54 and a beta of 0.58. The company’s 50-day moving average is $18.35 and its two-hundred day moving average is $17.76. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.37.

MainStreet Bancshares (NASDAQ:MNSB) last announced its quarterly earnings data on Monday, October 28th. The company reported ($0.04) EPS for the quarter, meeting analysts’ consensus estimates of ($0.04). MainStreet Bancshares had a return on equity of 5.77% and a net margin of 8.34%. The business had revenue of $34.48 million during the quarter, compared to the consensus estimate of $16.03 million. During the same quarter in the previous year, the business earned $0.77 earnings per share. Research analysts expect that MainStreet Bancshares, Inc. will post 0.84 EPS for the current year.

MainStreet Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.29%. MainStreet Bancshares’s payout ratio is 33.33%.

Insiders Place Their Bets

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 transaction, the insider now owns 4,392 shares in the company, valued at $80,154. The trade was a 39.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders bought 743 shares of company stock worth $13,966 over the last three months. 9.20% of the stock is owned by insiders.

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.