1 week Ago By ABMN Staff
Trexquant Investment LP lowered its stake in shares of Bridgewater Bancshares, Inc. ( NASDAQ:BWB – Free Report ) by 24.4% during the fourth quarter, Holdings Channel reports.
The fund owned 23,071 shares of the company’s stock after selling 7,456 shares during the period. Trexquant Investment LP’s holdings in Bridgewater Bancshares were worth $312,000 at the end of the most recent reporting period. A number of other hedge funds have also recently added to or reduced their stakes in the stock.
Picton Mahoney Asset Management acquired a new position in shares of Bridgewater Bancshares during the fourth quarter worth approximately $28,000. BNP Paribas Financial Markets lifted its holdings in Bridgewater Bancshares by 18.0% during the 3rd quarter.
BNP Paribas Financial Markets now owns 4,424 shares of the company’s stock worth $63,000 after buying an additional 676 shares in the last quarter. SG Americas Securities LLC boosted its position in Bridgewater Bancshares by 17.6% in the 4th quarter.
SG Americas Securities LLC now owns 8,326 shares of the company’s stock valued at $112,000 after buying an additional 1,248 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Bridgewater Bancshares in the 4th quarter valued at $157,000. Finally, Franklin Resources Inc.
bought a new stake in shares of Bridgewater Bancshares during the fourth quarter worth $174,000. Institutional investors own 65.83% of the company’s stock.
Analysts Set New Price Targets Several equities analysts recently issued reports on the company. DA Davidson reiterated a “buy” rating and issued a $18.00 price target on shares of Bridgewater Bancshares in a report on Thursday, January 30th.
Piper Sandler dropped their price target on shares of Bridgewater Bancshares from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, January 31st.
Bridgewater Bancshares Trading Down 1.3 % NASDAQ BWB opened at $12.43 on Monday.
Bridgewater Bancshares, Inc. has a 12 month low of $10.52 and a 12 month high of $16.
00. The stock has a 50-day simple moving average of $13.95 and a 200 day simple moving average of $14.
20. The company has a current ratio of 1.02, a quick ratio of 1.
02 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $343.
02 million, a PE ratio of 12.07 and a beta of 0.54.
Bridgewater Bancshares ( NASDAQ:BWB – Get Free Report ) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.
23 by $0.04. Bridgewater Bancshares had a return on equity of 8.
85% and a net margin of 12.96%. Research analysts forecast that Bridgewater Bancshares, Inc.
will post 1.38 EPS for the current year. About Bridgewater Bancshares ( 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. Featured Articles 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.
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