1 week Ago By ABMN Staff
Geode Capital Management LLC decreased its position in shares of Bridgewater Bancshares, Inc. ( NASDAQ:BWB – Free Report ) by 1.1% during the 4th quarter, HoldingsChannel.
com reports. The firm owned 445,403 shares of the company’s stock after selling 5,048 shares during the quarter. Geode Capital Management LLC’s holdings in Bridgewater Bancshares were worth $6,018,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Picton Mahoney Asset Management purchased a new stake in shares of Bridgewater Bancshares during the fourth quarter worth approximately $28,000. SG Americas Securities LLC lifted its position in shares of Bridgewater Bancshares by 17.
6% during the 4th quarter. SG Americas Securities LLC now owns 8,326 shares of the company’s stock valued at $112,000 after acquiring an additional 1,248 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Bridgewater Bancshares during the 4th quarter worth approximately $157,000.
Franklin Resources Inc. acquired a new stake in shares of Bridgewater Bancshares in the 4th quarter worth approximately $174,000. Finally, Empowered Funds LLC increased its stake in Bridgewater Bancshares by 5.
4% in the 4th quarter. Empowered Funds LLC now owns 17,418 shares of the company’s stock valued at $235,000 after purchasing an additional 895 shares in the last quarter. 65.
83% of the stock is owned by institutional investors and hedge funds. Bridgewater Bancshares Stock Performance NASDAQ:BWB opened at $14.40 on Friday.
The firm has a 50 day simple moving average of $13.62 and a 200-day simple moving average of $14.15.
The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 1.
02. The firm has a market cap of $397.38 million, a PE ratio of 13.
98 and a beta of 0.54. Bridgewater Bancshares, Inc.
has a 1-year low of $10.52 and a 1-year high of $16.00.
Wall Street Analysts Forecast Growth A number of research analysts have recently weighed in on BWB shares. DA Davidson restated a “buy” rating and issued a $18.00 price target on shares of Bridgewater Bancshares in a research report on Thursday, January 30th.
Piper Sandler cut their price target on Bridgewater Bancshares from $18.00 to $17.00 and set an “overweight” rating for the company in a report on Friday, January 31st.
Check Out Our Latest Stock Report on BWB Bridgewater Bancshares Profile ( Free Report ) Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit. Further Reading Want to see what other hedge funds are holding BWB? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Bridgewater Bancshares, Inc. ( NASDAQ:BWB – Free Report ). Receive News & Ratings for Bridgewater Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bridgewater Bancshares and related companies with MarketBeat.
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