SG Americas Securities LLC Has $112,000 Stake in Bridgewater Bancshares, Inc. (NASDAQ:BWB)

SG Americas Securities LLC boosted its position in shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB) by 17.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,326 shares of the company’s stock after acquiring an additional 1,248 shares during the period. SG Americas Securities LLC’s holdings in Bridgewater Bancshares were worth $112,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BWB. BNP Paribas Financial Markets raised its position in shares of Bridgewater Bancshares by 18.0% during the third quarter. BNP Paribas Financial Markets now owns 4,424 shares of the company’s stock valued at $63,000 after buying an additional 676 shares during the last quarter. D.A. Davidson & CO. acquired a new position in shares of Bridgewater Bancshares during the third quarter valued at about $183,000. Martingale Asset Management L P acquired a new position in shares of Bridgewater Bancshares during the third quarter valued at about $185,000. GSA Capital Partners LLP acquired a new position in shares of Bridgewater Bancshares during the third quarter valued at about $202,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Bridgewater Bancshares during the third quarter valued at about $209,000. Institutional investors and hedge funds own 65.83% of the company’s stock.

Insider Buying and Selling at Bridgewater Bancshares

In other Bridgewater Bancshares news, CFO Joseph M. Chybowski sold 3,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $15.51, for a total transaction of $46,530.00. Following the transaction, the chief financial officer now directly owns 98,416 shares in the company, valued at approximately $1,526,432.16. This represents a 2.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James S. Johnson sold 4,705 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $15.00, for a total transaction of $70,575.00. Following the completion of the sale, the director now owns 93,646 shares in the company, valued at $1,404,690. This represents a 4.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 23.21% of the company’s stock.

Bridgewater Bancshares Price Performance

Shares of BWB stock opened at $14.78 on Thursday. Bridgewater Bancshares, Inc. has a 1 year low of $10.52 and a 1 year high of $16.00. 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 firm’s 50 day moving average is $13.99 and its 200-day moving average is $14.14. The firm has a market capitalization of $407.34 million, a price-to-earnings ratio of 14.35 and a beta of 0.68.

Bridgewater Bancshares (NASDAQ:BWB) last released its earnings results on Wednesday, January 29th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.23 by $0.04. Bridgewater Bancshares had a return on equity of 8.85% and a net margin of 12.96%. Sell-side analysts forecast that Bridgewater Bancshares, Inc. will post 1.38 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Piper Sandler lowered their target price on shares of Bridgewater Bancshares from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. DA Davidson reissued a “buy” rating and issued a $18.00 target price on shares of Bridgewater Bancshares in a research note on Thursday, January 30th.

About Bridgewater Bancshares

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.