Center BancorpCNOB
About: ConnectOne Bancorp Inc is a holding company. The company through its holding provides banking services including lending, depository, and related financial services to commercial, industrial and governmental customers. It is managed as one segment: a community bank. It generates revenue from net interest income.
Employees: 499
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
13% more call options, than puts
Call options by funds: $9K | Put options by funds: $8K
4% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 45
0% more funds holding
Funds holding: 135 [Q1] → 135 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
1.62% less ownership
Funds ownership: 70.33% [Q1] → 68.71% (-1.62%) [Q2]
6% less capital invested
Capital invested by funds: $526M [Q1] → $498M (-$29M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Piper Sandler Frank Schiraldi 85% 1-year accuracy 17 / 20 met price target | 4%downside $25 | Overweight Maintained | 26 Jul 2024 |
Keefe, Bruyette & Woods Timothy Switzer 67% 1-year accuracy 2 / 3 met price target | 1%downside $26 | Market Perform Reiterated | 26 Jul 2024 |