Jane Street Group LLC bought a new position in shares of Richmond Mutual Bancorporation, Inc. (NASDAQ:RMBI – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,468 shares of the company’s stock, valued at approximately $191,000. Jane Street Group LLC owned about 0.12% of Richmond Mutual Bancorporation as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Stifel Financial Corp grew its holdings in Richmond Mutual Bancorporation by 14.6% during the 4th quarter. Stifel Financial Corp now owns 126,028 shares of the company’s stock worth $1,783,000 after acquiring an additional 16,044 shares during the period. Dimensional Fund Advisors LP grew its holdings in Richmond Mutual Bancorporation by 0.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 93,208 shares of the company’s stock worth $1,319,000 after acquiring an additional 790 shares during the period. Vista Investment Partners II LLC acquired a new stake in Richmond Mutual Bancorporation during the 4th quarter worth about $452,000. Schonfeld Strategic Advisors LLC acquired a new stake in Richmond Mutual Bancorporation during the 4th quarter worth about $179,000. Finally, PNC Financial Services Group Inc. grew its holdings in Richmond Mutual Bancorporation by 230.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,979 shares of the company’s stock worth $99,000 after acquiring an additional 4,866 shares during the period. 26.52% of the stock is currently owned by institutional investors and hedge funds.
Richmond Mutual Bancorporation Trading Up 5.2%
Shares of Richmond Mutual Bancorporation stock opened at $13.63 on Friday. The business has a 50-day moving average price of $13.36 and a two-hundred day moving average price of $13.47. Richmond Mutual Bancorporation, Inc. has a 1-year low of $11.26 and a 1-year high of $15.15. The company has a market cap of $141.85 million, a P/E ratio of 14.98 and a beta of 0.39.
Richmond Mutual Bancorporation Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, June 5th will be paid a $0.15 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.60 annualized dividend and a dividend yield of 4.40%. Richmond Mutual Bancorporation’s dividend payout ratio is presently 68.18%.
Richmond Mutual Bancorporation Profile
Richmond Mutual Bancorporation, Inc operates as the bank holding company for First Bank Richmond that provides various banking services. It accepts various deposits, including savings deposit accounts, money market accounts, NOW and demand accounts, and certificates of deposit. The company also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans.
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