Ameritas Advisory Services LLC Invests $45,000 in John Marshall Bancorp, Inc. $JMSB

Ameritas Advisory Services LLC bought a new position in John Marshall Bancorp, Inc. (NASDAQ:JMSB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,415 shares of the company’s stock, valued at approximately $45,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Nuveen LLC bought a new position in shares of John Marshall Bancorp in the first quarter worth about $564,000. FJ Capital Management LLC increased its stake in shares of John Marshall Bancorp by 83.6% in the first quarter. FJ Capital Management LLC now owns 320,127 shares of the company’s stock valued at $5,288,000 after buying an additional 145,746 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in shares of John Marshall Bancorp by 0.7% in the first quarter. T. Rowe Price Investment Management Inc. now owns 1,957,750 shares of the company’s stock valued at $32,343,000 after buying an additional 13,848 shares during the period. MAI Capital Management increased its stake in shares of John Marshall Bancorp by 1.6% in the first quarter. MAI Capital Management now owns 222,976 shares of the company’s stock valued at $3,684,000 after buying an additional 3,618 shares during the period. Finally, Cresset Asset Management LLC increased its stake in shares of John Marshall Bancorp by 1.5% in the first quarter. Cresset Asset Management LLC now owns 102,950 shares of the company’s stock valued at $1,701,000 after buying an additional 1,521 shares during the period. Institutional investors own 39.09% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Keefe, Bruyette & Woods assumed coverage on John Marshall Bancorp in a research note on Monday, July 21st. They issued an “outperform” rating and a $22.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of John Marshall Bancorp in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, John Marshall Bancorp has a consensus rating of “Moderate Buy” and an average target price of $22.00.

Insider Activity at John Marshall Bancorp

In related news, CFO Kent Carstater acquired 5,000 shares of John Marshall Bancorp stock in a transaction dated Thursday, July 31st. The stock was bought at an average price of $18.43 per share, with a total value of $92,150.00. Following the transaction, the chief financial officer directly owned 53,131 shares in the company, valued at $979,204.33. This represents a 10.39% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 12.05% of the stock is currently owned by company insiders.

John Marshall Bancorp Stock Performance

NASDAQ:JMSB opened at $19.06 on Tuesday. The company has a market capitalization of $271.03 million, a PE ratio of 14.33 and a beta of 0.70. The company has a 50 day simple moving average of $19.71 and a two-hundred day simple moving average of $18.19. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.06 and a current ratio of 1.06. John Marshall Bancorp, Inc. has a fifty-two week low of $13.81 and a fifty-two week high of $26.52.

John Marshall Bancorp (NASDAQ:JMSB) last released its earnings results on Wednesday, July 23rd. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.01. John Marshall Bancorp had a net margin of 16.68% and a return on equity of 7.60%. The business had revenue of $15.43 million during the quarter, compared to the consensus estimate of $15.52 million.

John Marshall Bancorp Profile

John Marshall Bancorp, Inc operates as the bank holding company for John Marshall Bank that provides banking products and financial services. The company accepts checking, demand, NOW, savings, and money market accounts, as well as certificates of deposit. It offers residential and commercial construction and development loans, commercial term, mortgage, commercial real estate, industrial loans, and other commercial lines of credit; debit and credit cards; and treasury and cash management, investment, business and personal insurance, remote deposit capture, deposit sweep and online and mobile banking services.