Unity Bancorp, Inc. (UNTY) Reached 1-Year High on Apr, 16

April 16, 2018 - By Russell Jones

Unity Bancorp, Inc. (NASDAQ:UNTY) Corporate Logo

During 2017 Q4 the big money sentiment increased to 3.5. That’s change of 1.12, from 2017Q3’s 2.38. 1 investors sold all, 7 reduced holdings as Unity Bancorp, Inc. ratio improved. 21 grew stakes while 7 funds took stakes. Funds hold 10.32 million shares thus 105.93% more from 2017Q3’s 5.01 million shares.
Geode Cap Lc holds 0% or 83,206 shs. State Street holds 108,589 shs or 0% of its capital. Moreover, Meeder Asset Management has 0% invested in Unity Bancorp, Inc. (NASDAQ:UNTY) for 841 shs. Royal National Bank & Trust Of Canada invested 0% in Unity Bancorp, Inc. (NASDAQ:UNTY). Tiaa Cref Inv Mngmt Llc invested in 0% or 19,346 shs. Kennedy Cap invested 0.06% in Unity Bancorp, Inc. (NASDAQ:UNTY). Strs Ohio reported 2,200 shs stake. Alliancebernstein Lp reported 0% in Unity Bancorp, Inc. (NASDAQ:UNTY). Ejf Cap Limited Com holds 0.7% of its capital in Unity Bancorp, Inc. (NASDAQ:UNTY) for 442,600 shs. Citigroup, New York-based fund reported 2,872 shs. California Public Employees Retirement Systems invested in 0% or 54,643 shs. 61,056 were accumulated by Ativo Lc. Vanguard Grp Inc reported 304,387 shs stake. Bank & Trust Of America De reported 1,308 shs or 0% of all its holdings. Emerald Mutual Fund Advisers Tru has invested 0.13% in Unity Bancorp, Inc. (NASDAQ:UNTY).

Unity Bancorp, Inc. registered $189,484 net activity with 0 insider purchases and 2 selling transactions since December 13, 2017. Another trade for 4,027 shs valued at $87,809 was sold by Courtright Wayne.

The company Unity Bancorp, Inc. (NASDAQ:UNTY) broke into yearly high with $24.08 price target or 4.00 % above today’s $23.15 price per share. On Apr, 16 it was published by Barchart.com. It has $247.18M MC. At our $24.08 price target, the company worth will be $9.89 million more.

UNTY reached $23.15 on during the last trading session after $0.45 change.Unity Bancorp, Inc. is uptrending after having risen 29.71% since April 16, 2017. UNTY has 13,187 volume or 86.31% up from normal. The stock outperformed the S&P500 by 18.16%.

Unity Bancorp Inc. operates as a bank holding firm for Unity Bank that provides a range of business and consumer financial services to individuals, small and medium sized businesses, and professional communities.The company has $247.18 million market cap. The firm offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts.The P/E ratio is 19.29. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans.

Unity Bancorp, Inc. (NASDAQ:UNTY) Institutional Investors Chart

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