UNTY stock icon

Unity Bancorp
UNTY

$31.57
0.89%

Market Cap: 315M

 

About: Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts, regular savings accounts, and others. The company structures its specific services and charges in a manner designed to attract the business of small and medium-sized businesses and professional communities, as well as individuals residing, working, and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity, and personal loans.

Employees: 237

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

5% more funds holding

Funds holding: 65 [Q4 2023] → 68 (+3) [Q1 2024]

0.38% more ownership

Funds ownership: 46.78% [Q4 2023] → 47.16% (+0.38%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

4% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 23

5% less capital invested

Capital invested by funds: $139M [Q4 2023] → $132M (-$7.28M) [Q1 2024]

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$39
24%
upside
Avg. target
$39
24%
upside
High target
$39
24%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Keefe, Bruyette & Woods
Christopher O'Connell
24%upside
$39
Outperform
Reiterated
15 Jul 2024

Financial journalist opinion

Based on 3 articles about UNTY published over the past 30 days