John Marshall Bancorp (NASDAQ:JMSB) Upgraded to “Hold” at Zacks Research

John Marshall Bancorp (NASDAQ:JMSB) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

A number of other research analysts have also recently weighed in on the company. Raymond James Financial began coverage on John Marshall Bancorp in a research report on Tuesday. They issued a “strong-buy” rating and a $24.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of John Marshall Bancorp in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, John Marshall Bancorp has a consensus rating of “Moderate Buy” and an average target price of $23.00.

John Marshall Bancorp Trading Up 1.3%

Shares of JMSB stock opened at $21.03 on Thursday. John Marshall Bancorp has a fifty-two week low of $14.01 and a fifty-two week high of $21.62. The stock has a market cap of $298.84 million, a P/E ratio of 14.02 and a beta of 0.63. The business has a fifty day simple moving average of $20.10 and a 200-day simple moving average of $19.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.30.

John Marshall Bancorp (NASDAQ:JMSB) last announced its quarterly earnings results on Wednesday, January 28th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. John Marshall Bancorp had a return on equity of 8.23% and a net margin of 18.41%.The business had revenue of $16.35 million during the quarter, compared to analysts’ expectations of $16.54 million.

Institutional Trading of John Marshall Bancorp

A number of hedge funds have recently added to or reduced their stakes in JMSB. Rhino Investment Partners Inc acquired a new stake in John Marshall Bancorp in the 3rd quarter worth about $807,000. Renaissance Technologies LLC purchased a new position in shares of John Marshall Bancorp in the 4th quarter worth about $518,000. Snowden Capital Advisors LLC purchased a new position in shares of John Marshall Bancorp in the 2nd quarter worth about $396,000. AQR Capital Management LLC purchased a new position in shares of John Marshall Bancorp in the 4th quarter worth about $414,000. Finally, FJ Capital Management LLC raised its holdings in shares of John Marshall Bancorp by 4.0% in the 3rd quarter. FJ Capital Management LLC now owns 429,908 shares of the company’s stock worth $8,521,000 after purchasing an additional 16,555 shares during the period. 39.09% of the stock is owned by institutional investors and hedge funds.

John Marshall Bancorp Company Profile

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.

 

The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

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