2 weeks Ago By ABMN Staff
Renaissance Technologies LLC boosted its stake in Bridgewater Bancshares, Inc. ( NASDAQ:BWB – Free Report ) by 0.2% in the second quarter, HoldingsChannel reports.
The firm owned 405,843 shares of the company’s stock after buying an additional 996 shares during the period. Renaissance Technologies LLC’s holdings in Bridgewater Bancshares were worth $4,712,000 as of its most recent SEC filing. A number of other large investors have also bought and sold shares of BWB.
BNP Paribas Financial Markets grew its holdings in shares of Bridgewater Bancshares by 100.4% during the first quarter. BNP Paribas Financial Markets now owns 10,237 shares of the company’s stock valued at $119,000 after buying an additional 5,128 shares during the last quarter.
Empowered Funds LLC purchased a new position in Bridgewater Bancshares during the first quarter worth about $170,000. Riverwater Partners LLC purchased a new position in Bridgewater Bancshares during the second quarter worth about $207,000. Quadrature Capital Ltd purchased a new position in Bridgewater Bancshares during the fourth quarter worth about $406,000.
Finally, BHZ Capital Management LP boosted its holdings in Bridgewater Bancshares by 8.2% during the fourth quarter. BHZ Capital Management LP now owns 48,132 shares of the company’s stock worth $651,000 after purchasing an additional 3,663 shares during the last quarter.
65.83% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several research analysts recently weighed in on the stock.
Piper Sandler boosted their price target on shares of Bridgewater Bancshares from $13.00 to $17.00 and gave the stock an “overweight” rating in a report on Monday, July 29th.
DA Davidson boosted their price target on shares of Bridgewater Bancshares from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, July 26th.
Bridgewater Bancshares Stock Performance Shares of BWB stock opened at $14.09 on Friday. The company’s 50-day moving average is $13.
67 and its 200 day moving average is $12.30. The company has a debt-to-equity ratio of 0.
98, a quick ratio of 1.02 and a current ratio of 1.02.
The company has a market capitalization of $385.36 million, a price-to-earnings ratio of 12.47 and a beta of 0.
68. Bridgewater Bancshares, Inc. has a one year low of $8.
00 and a one year high of $14.90. Bridgewater Bancshares ( NASDAQ:BWB – Get Free Report ) last issued its quarterly earnings data on Wednesday, July 24th.
The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.
02. Bridgewater Bancshares had a net margin of 14.27% and a return on equity of 9.
51%. The firm had revenue of $62.64 million for the quarter, compared to analysts’ expectations of $26.
60 million. During the same quarter in the prior year, the business earned $0.31 EPS.
Sell-side analysts expect that Bridgewater Bancshares, Inc. will post 1 EPS for the current fiscal year. Insider Transactions at Bridgewater Bancshares In other Bridgewater Bancshares news, CEO Jerry J.
Baack sold 11,500 shares of the business’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $14.15, for a total transaction of $162,725.
00. Following the transaction, the chief executive officer now owns 1,228,514 shares in the company, valued at $17,383,473.10.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . In related news, Director Thomas P. Trutna sold 5,000 shares of the company’s stock in a transaction dated Wednesday, September 4th.
The shares were sold at an average price of $14.11, for a total value of $70,550.00.
Following the completion of the sale, the director now directly owns 102,072 shares of the company’s stock, valued at $1,440,235.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink .
Also, CEO Jerry J. Baack sold 11,500 shares of the stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $14.
15, for a total transaction of $162,725.00. Following the sale, the chief executive officer now directly owns 1,228,514 shares of the company’s stock, valued at $17,383,473.
10. The disclosure for this sale can be found here . Insiders own 23.
21% of the company’s stock. Bridgewater Bancshares Company 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.
Read More 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 ).
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