Bankwell Financial Group (NASDAQ:BWFG) was downgraded by equities researchers at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued to investors on Wednesday.

Separately, ValuEngine downgraded shares of Bankwell Financial Group from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th.

Bankwell Financial Group (NASDAQ:BWFG) traded up $0.07 on Wednesday, hitting $35.36. 23,213 shares of the company were exchanged, compared to its average volume of 15,635. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market capitalization of $272.88, a P/E ratio of 18.13 and a beta of 0.52. Bankwell Financial Group has a one year low of $28.79 and a one year high of $38.50.

Bankwell Financial Group (NASDAQ:BWFG) last posted its quarterly earnings data on Wednesday, October 18th. The bank reported $0.55 earnings per share (EPS) for the quarter. Bankwell Financial Group had a net margin of 20.74% and a return on equity of 9.92%.

In other Bankwell Financial Group news, Director James A. Fieber sold 10,000 shares of Bankwell Financial Group stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $37.45, for a total transaction of $374,500.00. Following the transaction, the director now owns 138,684 shares of the company’s stock, valued at $5,193,715.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Blake S. Drexler purchased 1,128 shares of the stock in a transaction on Monday, November 6th. The shares were purchased at an average cost of $36.59 per share, for a total transaction of $41,273.52. The disclosure for this purchase can be found here. 22.37% of the stock is owned by insiders.

A number of large investors have recently modified their holdings of the business. Banc Funds Co. LLC lifted its holdings in Bankwell Financial Group by 9.3% during the second quarter. Banc Funds Co. LLC now owns 412,094 shares of the bank’s stock valued at $12,870,000 after purchasing an additional 35,000 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Bankwell Financial Group by 19.9% during the second quarter. Vanguard Group Inc. now owns 176,883 shares of the bank’s stock valued at $5,524,000 after purchasing an additional 29,324 shares in the last quarter. State Street Corp lifted its holdings in Bankwell Financial Group by 4.0% during the second quarter. State Street Corp now owns 85,468 shares of the bank’s stock valued at $2,666,000 after purchasing an additional 3,305 shares in the last quarter. Wasatch Advisors Inc. lifted its holdings in Bankwell Financial Group by 29.7% during the third quarter. Wasatch Advisors Inc. now owns 80,189 shares of the bank’s stock valued at $2,962,000 after purchasing an additional 18,371 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Bankwell Financial Group by 11.2% during the second quarter. Northern Trust Corp now owns 66,284 shares of the bank’s stock valued at $2,070,000 after purchasing an additional 6,700 shares in the last quarter. 48.50% of the stock is currently owned by institutional investors and hedge funds.

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About Bankwell Financial Group

Bankwell Financial Group, Inc is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state non-member bank. The Bank provides a range of banking services to commercial and consumer customers, concentrated in the Fairfield and New Haven Counties region of Connecticut.

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