Villanova Investment Management Co LLC Acquires 23,449 Shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB)

Villanova Investment Management Co LLC increased its stake in Bridgewater Bancshares, Inc. (NASDAQ:BWB - Free Report) by 16.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 162,703 shares of the company's stock after purchasing an additional 23,449 shares during the quarter. Bridgewater Bancshares makes up 2.0% of Villanova Investment Management Co LLC's investment portfolio, making the stock its 21st largest holding. Villanova Investment Management Co LLC owned approximately 0.59% of Bridgewater Bancshares worth $2,198,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in BWB. Picton Mahoney Asset Management bought a new stake in Bridgewater Bancshares during the fourth quarter valued at about $28,000. BNP Paribas Financial Markets boosted its stake in Bridgewater Bancshares by 18.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,424 shares of the company's stock valued at $63,000 after purchasing an additional 676 shares during the period. SG Americas Securities LLC grew its holdings in Bridgewater Bancshares by 17.6% in the 4th quarter. SG Americas Securities LLC now owns 8,326 shares of the company's stock valued at $112,000 after buying an additional 1,248 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Bridgewater Bancshares in the 4th quarter valued at approximately $157,000. Finally, Franklin Resources Inc. bought a new position in Bridgewater Bancshares in the 4th quarter worth approximately $174,000. Institutional investors own 65.83% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on BWB. Piper Sandler reduced their price objective on Bridgewater Bancshares from $18.00 to $17.00 and set an "overweight" rating for the company in a research report on Friday, January 31st. DA Davidson reissued 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 Performance

BWB traded down $0.61 on Friday, hitting $12.29. 124,833 shares of the stock traded hands, compared to its average volume of 53,636. The business has a fifty day moving average price of $14.12 and a two-hundred day moving average price of $14.28. 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 has a market capitalization of $339.15 million, a PE ratio of 11.93 and a beta of 0.54. Bridgewater Bancshares, Inc. has a 52 week low of $10.52 and a 52 week high of $16.00.

Bridgewater Bancshares (NASDAQ:BWB - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.27 earnings per share for the quarter, topping 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%. On average, research analysts predict that Bridgewater Bancshares, Inc. will post 1.38 EPS for the current fiscal year.

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.