Bronfman E.L. Rothschild L.P. purchased a new stake in Capital Bancorp Inc (NASDAQ:CBNK) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 211,520 shares of the financial services provider’s stock, valued at approximately $2,413,000.

Several other institutional investors also recently added to or reduced their stakes in the company. American International Group Inc. acquired a new position in shares of Capital Bancorp in the fourth quarter valued at approximately $48,000. Victory Capital Management Inc. acquired a new position in shares of Capital Bancorp in the third quarter valued at approximately $127,000. Geode Capital Management LLC acquired a new position in shares of Capital Bancorp in the fourth quarter valued at approximately $247,000. Glassman Wealth Services acquired a new position in shares of Capital Bancorp in the fourth quarter valued at approximately $312,000. Finally, Vanguard Group Inc. acquired a new position in shares of Capital Bancorp in the third quarter valued at approximately $382,000. Institutional investors own 21.15% of the company’s stock.

Several research firms have recently weighed in on CBNK. Zacks Investment Research cut shares of Capital Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, February 14th. Sandler O’Neill cut shares of Capital Bancorp from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a report on Tuesday, December 4th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $14.50.

Capital Bancorp stock opened at $11.22 on Friday. The company has a market capitalization of $151.14 million and a PE ratio of 11.00. Capital Bancorp Inc has a twelve month low of $10.21 and a twelve month high of $14.28. The company has a quick ratio of 1.07, a current ratio of 1.09 and a debt-to-equity ratio of 0.30.

Capital Bancorp (NASDAQ:CBNK) last released its quarterly earnings results on Friday, February 8th. The financial services provider reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.01. The company had revenue of $18.36 million during the quarter. As a group, equities research analysts predict that Capital Bancorp Inc will post 1.09 EPS for the current fiscal year.

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Capital Bancorp Profile

Capital Bancorp, Inc operates as a bank holding company of Capital Bank N.A., which offers personal and commercial banking services. The company was formerly known as Hcnb Bancorp, Inc and changed its name to Capital Bancorp, Inc in May 2004. The company was incorporated in 1998 and is based in Rockville, Maryland.

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Institutional Ownership by Quarter for Capital Bancorp (NASDAQ:CBNK)

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