Bankwell Financial Group (NASDAQ:BWFG) Director Eric Dale Acquires 612 Shares

Bankwell Financial Group, Inc. (NASDAQ:BWFG) Director Eric Dale bought 612 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average price of $46.00 per share, for a total transaction of $28,152.00. Following the acquisition, the director owned 41,908 shares of the company’s stock, valued at $1,927,768. This trade represents a 1.48% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Bankwell Financial Group Trading Down 1.7%

Bankwell Financial Group stock traded down $0.80 during trading hours on Monday, reaching $45.52. 7,401 shares of the company’s stock were exchanged, compared to its average volume of 29,672. The firm’s 50 day simple moving average is $47.84 and its 200 day simple moving average is $45.84. Bankwell Financial Group, Inc. has a twelve month low of $26.39 and a twelve month high of $51.54. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $363.25 million, a PE ratio of 10.25 and a beta of 0.67.

Bankwell Financial Group (NASDAQ:BWFG) last announced its earnings results on Thursday, January 29th. The bank reported $1.36 EPS for the quarter, beating the consensus estimate of $1.20 by $0.16. The company had revenue of $30.32 million for the quarter, compared to analyst estimates of $28.06 million. Bankwell Financial Group had a return on equity of 12.21% and a net margin of 16.94%.

Bankwell Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Tuesday, February 10th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, February 10th. This represents a $0.80 annualized dividend and a yield of 1.8%. Bankwell Financial Group’s dividend payout ratio is currently 18.02%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BWFG shares. Wall Street Zen lowered shares of Bankwell Financial Group from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bankwell Financial Group in a report on Monday, December 29th. Keefe, Bruyette & Woods upped their target price on Bankwell Financial Group from $53.00 to $55.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Finally, Hovde Group upped their price objective on Bankwell Financial Group from $48.00 to $49.00 and gave the company a “market perform” rating in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $52.00.

Hedge Funds Weigh In On Bankwell Financial Group

Several institutional investors have recently bought and sold shares of the company. Invesco Ltd. increased its position in Bankwell Financial Group by 26.5% in the fourth quarter. Invesco Ltd. now owns 7,252 shares of the bank’s stock worth $332,000 after buying an additional 1,520 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Bankwell Financial Group by 9.9% during the 4th quarter. Empowered Funds LLC now owns 27,253 shares of the bank’s stock valued at $1,249,000 after buying an additional 2,461 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Bankwell Financial Group during the 4th quarter worth $532,000. Millennium Management LLC increased its holdings in Bankwell Financial Group by 86.5% in the 4th quarter. Millennium Management LLC now owns 11,424 shares of the bank’s stock worth $523,000 after acquiring an additional 5,297 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its stake in Bankwell Financial Group by 4.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 52,255 shares of the bank’s stock valued at $2,394,000 after acquiring an additional 2,461 shares during the period. Hedge funds and other institutional investors own 35.80% of the company’s stock.

About Bankwell Financial Group

Bankwell Financial Group, Inc is a bank holding company headquartered in Westchester, Illinois, and serves as the parent of Bankwell Bank. Through its subsidiary, the company provides a full suite of banking products and services designed for both individual consumers and small‐ to mid‐sized businesses. Bankwell Bank operates multiple branches across suburban Cook and Lake counties, focusing on personalized service and local decision‐making.

The company’s deposit offerings include checking, savings and money market accounts, as well as certificates of deposit, all supported by an online and mobile banking platform for convenient account access.