Villanova Investment Management Co LLC Boosts Stock Holdings in Bridgewater Bancshares, Inc. (NASDAQ:BWB)

Villanova Investment Management Co LLC lifted its holdings in Bridgewater Bancshares, Inc. (NASDAQ:BWB) by 16.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 162,703 shares of the company’s stock after purchasing an additional 23,449 shares during the period. Bridgewater Bancshares comprises 2.0% of Villanova Investment Management Co LLC’s holdings, making the stock its 21st biggest position. Villanova Investment Management Co LLC’s holdings in Bridgewater Bancshares were worth $2,198,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BWB. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Bridgewater Bancshares in the 3rd quarter valued at about $209,000. D.A. Davidson & CO. acquired a new stake in Bridgewater Bancshares in the third quarter valued at approximately $183,000. BNP Paribas Financial Markets boosted its stake in Bridgewater Bancshares by 18.0% in the third quarter. BNP Paribas Financial Markets now owns 4,424 shares of the company’s stock valued at $63,000 after acquiring an additional 676 shares in the last quarter. Martingale Asset Management L P acquired a new position in shares of Bridgewater Bancshares during the third quarter worth $185,000. Finally, Hotchkis & Wiley Capital Management LLC lifted its holdings in shares of Bridgewater Bancshares by 0.8% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 272,799 shares of the company’s stock valued at $3,866,000 after purchasing an additional 2,170 shares during the last quarter. 65.83% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on BWB. Piper Sandler lowered their price target on Bridgewater Bancshares from $18.00 to $17.00 and set an “overweight” rating for the company in a report on Friday, January 31st. DA Davidson reaffirmed a “buy” rating and issued a $18.00 price target on shares of Bridgewater Bancshares in a report on Thursday, January 30th.

Bridgewater Bancshares Stock Down 0.2 %

Shares of BWB stock opened at $13.89 on Tuesday. Bridgewater Bancshares, Inc. has a fifty-two week low of $10.52 and a fifty-two week high of $16.00. The firm has a market capitalization of $383.31 million, a PE ratio of 13.49 and a beta of 0.67. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.02 and a current ratio of 1.02. The stock’s 50-day simple moving average is $14.13 and its 200-day simple moving average is $14.30.

Bridgewater Bancshares (NASDAQ:BWB) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.04. Bridgewater Bancshares had a net margin of 12.96% and a return on equity of 8.85%. Equities analysts expect that Bridgewater Bancshares, Inc. will post 1.38 earnings per share for the current year.

Bridgewater Bancshares Company Profile

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.