TCW Group Inc. bought a new position in shares of Chain Bridge Bancorp, Inc. (NYSE:CBNA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 80,976 shares of the company's stock, valued at approximately $2,030,000. TCW Group Inc. owned approximately 1.23% of Chain Bridge Bancorp as of its most recent SEC filing.
Separately, Chevy Chase Trust Holdings LLC bought a new position in Chain Bridge Bancorp during the fourth quarter valued at about $226,000.
Chain Bridge Bancorp Stock Down 0.0 %
NYSE:CBNA traded down $0.01 on Friday, reaching $24.53. 6,917 shares of the company's stock were exchanged, compared to its average volume of 24,100. The company has a fifty day moving average of $24.43. Chain Bridge Bancorp, Inc. has a 52 week low of $20.10 and a 52 week high of $27.56.
Chain Bridge Bancorp (NYSE:CBNA - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.44 by $0.15. Analysts anticipate that Chain Bridge Bancorp, Inc. will post 2.22 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several brokerages have commented on CBNA. Hovde Group started coverage on shares of Chain Bridge Bancorp in a research report on Wednesday, November 20th. They issued a "market perform" rating and a $26.00 price objective on the stock. Piper Sandler lifted their price target on shares of Chain Bridge Bancorp from $30.00 to $31.00 and gave the stock an "overweight" rating in a report on Wednesday, January 29th. Finally, Raymond James reissued a "strong-buy" rating and set a $34.00 price objective (up from $29.00) on shares of Chain Bridge Bancorp in a report on Thursday, January 30th.
Check Out Our Latest Report on Chain Bridge Bancorp
Chain Bridge Bancorp Company Profile
(
Free Report)
Chain Bridge Bancorp, Inc operates as a Delaware-chartered bank holding company for Chain Bridge Bank, National Association that provides commercial and personal banking, and trust services in the United States. Its deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, and money market accounts.
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