EJF Capital LLC Buys Shares of 402,288 Mainstreet Bank Common Stock (Virginia) (OTCMKTS:MNSB)

Share on StockTwits

EJF Capital LLC bought a new stake in Mainstreet Bank Common Stock (Virginia) (OTCMKTS:MNSB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 402,288 shares of the company’s stock, valued at approximately $9,168,000. EJF Capital LLC owned 4.88% of Mainstreet Bank Common Stock (Virginia) as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in MNSB. Banc Funds Co. LLC acquired a new position in shares of Mainstreet Bank Common Stock (Virginia) during the 1st quarter worth $12,915,000. RMB Capital Management LLC acquired a new position in shares of Mainstreet Bank Common Stock (Virginia) during the 2nd quarter worth $9,992,000. BlackRock Inc. acquired a new position in shares of Mainstreet Bank Common Stock (Virginia) during the 2nd quarter worth $7,776,000. JCSD Capital LLC acquired a new position in shares of Mainstreet Bank Common Stock (Virginia) during the 1st quarter worth $5,684,000. Finally, Castine Capital Management LLC acquired a new position in shares of Mainstreet Bank Common Stock (Virginia) during the 2nd quarter worth $4,889,000. 14.56% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research cut Mainstreet Bank Common Stock (Virginia) from a “buy” rating to a “hold” rating in a research report on Wednesday.

Mainstreet Bank Common Stock (Virginia) stock traded up $0.06 during midday trading on Thursday, hitting $21.21. 2,796 shares of the company were exchanged, compared to its average volume of 16,698. The company’s fifty day moving average price is $21.31 and its 200-day moving average price is $22.47. The company has a market cap of $172.84 million, a PE ratio of 15.37 and a beta of 0.48. Mainstreet Bank Common Stock has a fifty-two week low of $16.62 and a fifty-two week high of $25.50.

Mainstreet Bank Common Stock (Virginia) (OTCMKTS:MNSB) last released its quarterly earnings results on Monday, July 15th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.38 by $0.04. The company had revenue of $11.23 million for the quarter, compared to analyst estimates of $10.73 million. On average, sell-side analysts predict that Mainstreet Bank Common Stock will post 1.55 earnings per share for the current fiscal year.

Mainstreet Bank Common Stock (Virginia) Profile

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking services for businesses and individuals. It offers a range of deposit products, such as checking accounts, savings accounts, money market accounts, and certificate of deposits. The company also provides loans for construction, renovations and improvements, commercial real estate, rental property, working capital, business, and land loans, as well as government contract loans, line of credit or seasonal line of credit, mortgage loans, auto loans, and term loans.

Further Reading: Mutual Funds

Institutional Ownership by Quarter for Mainstreet Bank Common Stock (Virginia) (OTCMKTS:MNSB)

Receive News & Ratings for Mainstreet Bank Common Stock (Virginia) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mainstreet Bank Common Stock (Virginia) and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Bitcoin Gold  Market Cap Reaches $135.07 Million
Bitcoin Gold Market Cap Reaches $135.07 Million
ValuEngine Lowers 1st Constitution Bancorp  to Sell
ValuEngine Lowers 1st Constitution Bancorp to Sell
Huazhu Group  Upgraded by ValuEngine to Sell
Huazhu Group Upgraded by ValuEngine to Sell
Liberty Latin America  Upgraded to “Equal Weight” at Barclays
Liberty Latin America Upgraded to “Equal Weight” at Barclays
DeepBrain Chain  Price Hits $0.0017 on Exchanges
DeepBrain Chain Price Hits $0.0017 on Exchanges
TrueChain Trading Down 10.2% This Week
TrueChain Trading Down 10.2% This Week


© 2006-2019 Ticker Report