Chain Bridge Bancorp, Inc. $CBNA Stock Holdings Lowered by Endeavour Capital Advisors Inc.

Endeavour Capital Advisors Inc. decreased its position in Chain Bridge Bancorp, Inc. (NYSE:CBNA) by 35.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 114,447 shares of the company’s stock after selling 62,584 shares during the period. Chain Bridge Bancorp makes up approximately 1.1% of Endeavour Capital Advisors Inc.’s holdings, making the stock its 25th biggest position. Endeavour Capital Advisors Inc. owned 1.74% of Chain Bridge Bancorp worth $3,746,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Acadian Asset Management LLC bought a new stake in shares of Chain Bridge Bancorp during the first quarter valued at approximately $131,000. Chevy Chase Trust Holdings LLC acquired a new stake in Chain Bridge Bancorp in the 2nd quarter valued at approximately $475,000. Geode Capital Management LLC raised its stake in Chain Bridge Bancorp by 115.3% during the 2nd quarter. Geode Capital Management LLC now owns 58,843 shares of the company’s stock valued at $1,517,000 after acquiring an additional 31,510 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Chain Bridge Bancorp during the 2nd quarter worth $29,000. Finally, Russell Investments Group Ltd. bought a new position in shares of Chain Bridge Bancorp in the second quarter worth $37,000.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on CBNA shares. Raymond James Financial cut shares of Chain Bridge Bancorp from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, January 7th. Weiss Ratings restated a “sell (d)” rating on shares of Chain Bridge Bancorp in a research report on Monday, December 29th. Finally, Zacks Research raised shares of Chain Bridge Bancorp from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 28th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $33.00.

Chain Bridge Bancorp Trading Up 0.6%

NYSE:CBNA opened at $35.63 on Thursday. The company has a 50-day moving average of $35.09 and a 200-day moving average of $32.13. The firm has a market cap of $233.74 million, a price-to-earnings ratio of 11.57 and a beta of 0.47. Chain Bridge Bancorp, Inc. has a twelve month low of $20.01 and a twelve month high of $38.42.

Chain Bridge Bancorp (NYSE:CBNA) last released its earnings results on Wednesday, January 28th. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.79 by $0.02. Chain Bridge Bancorp had a net margin of 34.11% and a return on equity of 12.88%. The business had revenue of $14.70 million during the quarter, compared to analyst estimates of $13.66 million. On average, research analysts forecast that Chain Bridge Bancorp, Inc. will post 2.22 earnings per share for the current year.

Chain Bridge Bancorp Company Profile

Chain Bridge Bancorp, Inc (NYSE: CBNA) is the bank holding company for Chain Bridge Bank, a full-service community commercial bank headquartered in Oakton, Virginia. Founded in 1999, the company is focused on serving small- and middle-market businesses, professional firms and individual clients throughout the Washington, DC metropolitan area.

Through its subsidiary, Chain Bridge Bank provides a comprehensive suite of deposit products, including checking, savings and money market accounts, as well as time deposits.