Deutsche Bank AG Has $306,000 Stock Holdings in Bridgewater Bancshares, Inc. (NASDAQ:BWB)

Deutsche Bank AG lifted its stake in Bridgewater Bancshares, Inc. (NASDAQ:BWB - Free Report) by 544.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,674 shares of the company's stock after buying an additional 19,153 shares during the quarter. Deutsche Bank AG owned approximately 0.08% of Bridgewater Bancshares worth $306,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in Bridgewater Bancshares by 4.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 877,833 shares of the company's stock worth $11,859,000 after buying an additional 40,683 shares in the last quarter. Alliancebernstein L.P. lifted its stake in Bridgewater Bancshares by 13.3% during the fourth quarter. Alliancebernstein L.P. now owns 493,592 shares of the company's stock worth $6,668,000 after purchasing an additional 57,981 shares during the last quarter. American Century Companies Inc. grew its position in Bridgewater Bancshares by 8.4% during the 4th quarter. American Century Companies Inc. now owns 310,267 shares of the company's stock worth $4,192,000 after purchasing an additional 24,161 shares during the last quarter. Next Century Growth Investors LLC purchased a new position in shares of Bridgewater Bancshares during the fourth quarter worth about $3,989,000. Finally, Stieven Capital Advisors L.P. boosted its holdings in shares of Bridgewater Bancshares by 56.1% in the fourth quarter. Stieven Capital Advisors L.P. now owns 239,989 shares of the company's stock valued at $3,242,000 after acquiring an additional 86,200 shares in the last quarter. 65.83% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Piper Sandler reiterated an "overweight" rating and issued a $18.00 price target on shares of Bridgewater Bancshares in a report on Friday, April 25th.

Bridgewater Bancshares Price Performance

NASDAQ:BWB traded down $0.08 during mid-day trading on Wednesday, hitting $14.54. 4,721 shares of the company's stock traded hands, compared to its average volume of 63,727. 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 company has a market cap of $398.98 million, a PE ratio of 14.08 and a beta of 0.52. The firm's 50 day simple moving average is $14.30 and its 200 day simple moving average is $14.21. Bridgewater Bancshares, Inc. has a 1 year low of $10.52 and a 1 year high of $16.34.

Bridgewater Bancshares (NASDAQ:BWB - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The company reported $0.32 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.03. The firm had revenue of $32.29 million during the quarter, compared to analysts' expectations of $29.88 million. Bridgewater Bancshares had a return on equity of 8.85% and a net margin of 12.96%. Sell-side analysts expect that Bridgewater Bancshares, Inc. will post 1.38 EPS for the current year.

Insider Buying and Selling at Bridgewater Bancshares

In related news, Director Thomas P. Trutna sold 2,200 shares of Bridgewater Bancshares stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $15.78, for a total value of $34,716.00. Following the transaction, the director now owns 100,031 shares in the company, valued at approximately $1,578,489.18. This trade represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.27% of the stock is owned by company insiders.

Bridgewater Bancshares 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.