Jun 29, 2018 will introduce $0.07 dividends for investors in Unity Bancorp Inc (NASDAQ:UNTY).

June 13, 2018 - By Michael Collier

Unity Bancorp, Inc. (NASDAQ:UNTY) LogoInvestors sentiment decreased to 0.72 in 2018 Q1. Its down 2.78, from 3.5 in 2017Q4. It fall, as 4 investors sold Unity Bancorp, Inc. shares while 14 reduced holdings. 3 funds opened positions while 10 raised stakes. 5.15 million shares or 50.09% less from 10.32 million shares in 2017Q4 were reported.
Fincl Bank Of America Corporation De reported 726 shares. Ejf Capital Lc has invested 0.78% in Unity Bancorp, Inc. (NASDAQ:UNTY). Meeder Asset reported 824 shares. Schwab Charles Invest holds 0% or 13,800 shares in its portfolio. Renaissance Technology Ltd has 0% invested in Unity Bancorp, Inc. (NASDAQ:UNTY). California State Teachers Retirement invested 0% of its portfolio in Unity Bancorp, Inc. (NASDAQ:UNTY). Northern Corp has invested 0% in Unity Bancorp, Inc. (NASDAQ:UNTY). Alliancebernstein Ltd Partnership has 0% invested in Unity Bancorp, Inc. (NASDAQ:UNTY) for 163,750 shares. New York State Common Retirement Fund, New York-based fund reported 8,300 shares. State Street Corporation owns 112,165 shares. Moreover, Ativo Cap Lc has 0.34% invested in Unity Bancorp, Inc. (NASDAQ:UNTY). Tiaa Cref Ltd Com has 0% invested in Unity Bancorp, Inc. (NASDAQ:UNTY). Morgan Stanley holds 16,637 shares or 0% of its portfolio. Ameritas Investment Partners invested in 677 shares or 0% of the stock. Wells Fargo And Mn stated it has 34,716 shares.

Since December 13, 2017, it had 0 insider purchases, and 3 selling transactions for $202,984 activity. HUGHES JAMES A also sold $28,708 worth of Unity Bancorp, Inc. (NASDAQ:UNTY) on Friday, June 8.

Unity Bancorp Inc (NASDAQ:UNTY) is expected to pay $0.07 on Jun 29, 2018. Shareholders owning the stock before Jun 14, 2018 will be eligible to receive the payout. Based on Unity Bancorp Inc’s current price of $22.95, the dividend is 0.31 %. This dividend’s record date is Jun 15, 2018 and the announcement date is Apr 26, 2018. The stock increased 0.44% or $0.1 during the last trading session, reaching $22.95. About 4,798 shares traded. Unity Bancorp, Inc. (NASDAQ:UNTY) has risen 41.80% since June 13, 2017 and is uptrending. It has outperformed by 29.23% the S&P500.

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 market cap of $245.77 million. The firm offers personal and business checking accounts, time deposits, money market accounts, and regular savings accounts. It has a 16.62 P/E ratio. It also provides commercial, small business administration, consumer, mortgage, home equity, and personal loans.

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

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