Western New England BancorpWNEB
Market Cap: $186M
About: Western New England Bancorp Inc through its bank subsidiary, provides a range of financial services to individuals and companies in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company's revenues, profits, and assets are derived by the Bank from banking products and services.
Employees: 348
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
3.23% less ownership
Funds ownership: 56.44% [Q1] → 53.21% (-3.23%) [Q2]
10% less funds holding
Funds holding: 71 [Q1] → 64 (-7) [Q2]
15% less capital invested
Capital invested by funds: $93.2M [Q1] → $79.2M (-$14M) [Q2]
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Piper Sandler Mark Fitzgibbon 75% 1-year accuracy 6 / 8 met price target | 2%downside $8.50 | Neutral Maintained | 24 Jul 2024 |