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

Key Points

• Director Eric Dale bought 612 shares of Bankwell (NASDAQ:BWFG) on March 6 at an average price of $46, increasing his stake to 41,908 shares (a 1.48% rise) in a $28,152 transaction disclosed via an SEC filing.
• Quarterly results beat expectations — EPS $1.36 vs. $1.20 consensus and revenue $30.32M vs. $28.06M — and the company pays a $0.20 quarterly dividend (annualized $0.80, yield ~1.8%, DPR 18%).
• Shares trade near $45.52 with a market cap of about $363M and a P/E of 10.25; analyst coverage is mixed but the consensus is a "Moderate Buy" with an average target of $52 (two Buy, two Hold).

Bankwell Financial Group, Inc. (NASDAQ:BWFG - Get Free Report) Director Eric Dale bought 612 shares of Bankwell Financial Group stock in a transaction on Friday, March 6th. The stock was acquired at an average cost of $46.00 per share, for a total transaction of $28,152.00. Following the acquisition, the director owned 41,908 shares in the company, valued at approximately $1,927,768. This represents a 1.48% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Bankwell Financial Group Price Performance

Bankwell Financial Group stock traded down $0.80 during midday trading on Monday, reaching $45.52. The company's stock had a trading volume of 7,401 shares, compared to its average volume of 29,672. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.60. The stock has a market cap of $363.25 million, a PE ratio of 10.25 and a beta of 0.67. Bankwell Financial Group, Inc. has a 52 week low of $26.39 and a 52 week high of $51.54. The business has a 50-day moving average price of $47.84 and a 200-day moving average price of $45.84.

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

Bankwell Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Tuesday, February 10th were given a $0.20 dividend. The ex-dividend date was Tuesday, February 10th. This represents a $0.80 dividend on an annualized basis and a yield of 1.8%. Bankwell Financial Group's dividend payout ratio (DPR) is currently 18.02%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BWFG shares. Weiss Ratings reiterated a "buy (b)" rating on shares of Bankwell Financial Group in a research note on Monday, December 29th. Keefe, Bruyette & Woods lifted their price target on Bankwell Financial Group from $53.00 to $55.00 and gave the company an "outperform" rating in a research note on Monday, February 2nd. Wall Street Zen cut Bankwell Financial Group from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Hovde Group raised their price objective on shares of Bankwell Financial Group from $48.00 to $49.00 and gave the company a "market perform" rating in a report on Monday, February 2nd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $52.00.

Institutional Investors Weigh In On Bankwell Financial Group

Institutional investors have recently made changes to their positions in the stock. Acadian Asset Management LLC increased its stake in shares of Bankwell Financial Group by 5.5% in the second quarter. Acadian Asset Management LLC now owns 93,233 shares of the bank's stock valued at $3,357,000 after buying an additional 4,890 shares during the period. Hillsdale Investment Management Inc. bought a new stake in Bankwell Financial Group in the third quarter valued at approximately $4,280,000. Fourthstone LLC increased its position in Bankwell Financial Group by 60.2% during the 2nd quarter. Fourthstone LLC now owns 266,865 shares of the bank's stock valued at $9,615,000 after purchasing an additional 100,302 shares during the period. Police & Firemen s Retirement System of New Jersey bought a new position in Bankwell Financial Group during the 2nd quarter worth approximately $50,000. Finally, Ameritas Investment Partners Inc. raised its holdings in Bankwell Financial Group by 70.7% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 722 shares of the bank's stock worth $26,000 after purchasing an additional 299 shares during the last quarter. Institutional investors own 35.80% of the company's stock.

Bankwell Financial Group Company Profile

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.

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