1 day Ago By Defense World Staff
ConnectOne Bancorp ( NASDAQ:CNOB – Get Free Report ) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Monday. Several other brokerages have also commented on CNOB.
Piper Sandler increased their price objective on ConnectOne Bancorp from $22.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, July 26th.
Keefe, Bruyette & Woods restated a “market perform” rating and issued a $26.00 price objective (up from $22.00) on shares of ConnectOne Bancorp in a report on Friday, July 26th.
View Our Latest Stock Report on ConnectOne Bancorp ConnectOne Bancorp Price Performance Institutional Trading of ConnectOne Bancorp A number of institutional investors have recently made changes to their positions in CNOB. Geode Capital Management LLC increased its stake in shares of ConnectOne Bancorp by 0.8% in the third quarter.
Geode Capital Management LLC now owns 852,507 shares of the financial services provider’s stock worth $21,359,000 after buying an additional 6,880 shares during the period. Barclays PLC increased its position in shares of ConnectOne Bancorp by 52.0% in the third quarter.
Barclays PLC now owns 114,708 shares of the financial services provider’s stock valued at $2,874,000 after acquiring an additional 39,249 shares during the period. Zacks Investment Management bought a new position in shares of ConnectOne Bancorp during the third quarter valued at about $232,000. Jane Street Group LLC raised its stake in shares of ConnectOne Bancorp by 26.
3% during the third quarter. Jane Street Group LLC now owns 44,735 shares of the financial services provider’s stock valued at $1,121,000 after acquiring an additional 9,313 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new stake in shares of ConnectOne Bancorp during the third quarter worth about $14,127,000.
Hedge funds and other institutional investors own 67.70% of the company’s stock. About ConnectOne Bancorp ( Get Free Report ) ConnectOne Bancorp, Inc operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the New York Metropolitan area and South Florida market.
The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking. See Also Five stocks we like better than ConnectOne Bancorp Insider Trading – What You Need to Know Super Micro Computer Soars 28%: Is It Really Out of the Woods? Where to Find Earnings Call Transcripts Traders Are Flocking Back to Oil: What’s Fueling the Optimism Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed 3 Hot Stock Trends to Ride Into 2025 Receive News & Ratings for ConnectOne Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ConnectOne Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .
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