Bankwell Financial Group (NASDAQ:BWFG) 2018 Q2 Sentiment Change

September 16, 2018 - By Darrell Taylor

Sentiment for Bankwell Financial Group (NASDAQ:BWFG)

Bankwell Financial Group (NASDAQ:BWFG) institutional sentiment increased to 1.75 in Q2 2018. Its up 0.55, from 1.2 in 2018Q1. The ratio has improved, as 28 hedge funds increased or started new equity positions, while 16 sold and decreased stakes in Bankwell Financial Group. The hedge funds in our partner’s database now hold: 3.51 million shares, down from 3.63 million shares in 2018Q1. Also, the number of hedge funds holding Bankwell Financial Group in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 7 Reduced: 9 Increased: 21 New Position: 7.

Bankwell Financial Group, Inc. operates as the bank holding firm for Bankwell Bank that provides a range of banking services to commercial and consumer clients in Connecticut. The company has market cap of $242.40 million. It accepts checking, savings, and money market accounts; and demand and NOW deposits, as well as certificates of deposit. It has a 15.66 P/E ratio. The firm also provides commercial lending products, including owner-occupied commercial real estate loans, commercial real estate investment loans, business term loans, equipment financing, and lines of credit to small and mid-sized businesses, as well as real estate construction and development loans; and retail lending products comprising residential mortgage loans, home equity lines of credit, and consumer installment loans to the community in general and commercial customers, as well as to their executives and employees.

The stock decreased 0.19% or $0.06 during the last trading session, reaching $31.36. About 3,060 shares traded. Bankwell Financial Group, Inc. (NASDAQ:BWFG) has declined 9.00% since September 16, 2017 and is downtrending. It has underperformed by 24.62% the S&P500.

Analysts await Bankwell Financial Group, Inc. (NASDAQ:BWFG) to report earnings on October, 17. They expect $0.61 earnings per share, up 10.91 % or $0.06 from last year’s $0.55 per share. BWFG’s profit will be $4.72M for 12.85 P/E if the $0.61 EPS becomes a reality. After $0.60 actual earnings per share reported by Bankwell Financial Group, Inc. for the previous quarter, Wall Street now forecasts 1.67 % EPS growth.

Endicott Management Co holds 15.07% of its portfolio in Bankwell Financial Group, Inc. for 635,404 shares. Seidman Lawrence B owns 131,739 shares or 3.23% of their US portfolio. Moreover, Perritt Capital Management Inc has 1.17% invested in the company for 125,900 shares. The Illinois-based Banc Funds Co Llc has invested 0.82% in the stock. Elizabeth Park Capital Advisors Ltd., a Ohio-based fund reported 73,602 shares.

Since January 1, 0001, it had 4 insider buys, and 3 insider sales for $253,406 activity.

Bankwell Financial Group, Inc. (NASDAQ:BWFG) Ratings Coverage

Ratings analysis reveals 25% of Bankwell Financial Gr’s analysts are positive. Out of 4 Wall Street analysts rating Bankwell Financial Gr, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $33.5000 while the high is $36.5. The stock’s average target of $34.67 is 10.55% above today’s ($31.36) share price. BWFG was included in 4 notes of analysts from May 8, 2018. The firm earned “Market Perform” rating on Tuesday, May 8 by Wood. Piper Jaffray initiated Bankwell Financial Group, Inc. (NASDAQ:BWFG) on Friday, June 8 with “Hold” rating. The firm has “Hold” rating given on Monday, May 7 by Keefe Bruyette & Woods.

Bankwell Financial Group, Inc. (NASDAQ:BWFG) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.