Barclays PLC Purchases 19,217 Shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB)

Barclays PLC increased its position in shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB) by 283.4% during the third quarter, HoldingsChannel.com reports. The fund owned 25,997 shares of the company’s stock after acquiring an additional 19,217 shares during the period. Barclays PLC’s holdings in Bridgewater Bancshares were worth $369,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BWB. Jane Street Group LLC raised its holdings in shares of Bridgewater Bancshares by 11.4% in the 3rd quarter. Jane Street Group LLC now owns 23,696 shares of the company’s stock valued at $336,000 after acquiring an additional 2,422 shares in the last quarter. Villanova Investment Management Co LLC increased its position in shares of Bridgewater Bancshares by 3.8% in the third quarter. Villanova Investment Management Co LLC now owns 139,254 shares of the company’s stock worth $1,973,000 after purchasing an additional 5,089 shares during the last quarter. State Street Corp raised its stake in Bridgewater Bancshares by 1.1% in the third quarter. State Street Corp now owns 449,345 shares of the company’s stock valued at $6,367,000 after purchasing an additional 4,874 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in Bridgewater Bancshares by 0.8% during the third 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. Finally, Martingale Asset Management L P bought a new stake in Bridgewater Bancshares during the third quarter valued at approximately $185,000. 65.83% of the stock is currently owned by hedge funds and other institutional investors.

Bridgewater Bancshares Price Performance

Shares of NASDAQ:BWB opened at $13.43 on Friday. The company’s fifty day moving average price is $14.63 and its 200-day moving average price is $13.83. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market capitalization of $368.33 million, a price-to-earnings ratio of 12.79 and a beta of 0.67. Bridgewater Bancshares, Inc. has a one year low of $10.52 and a one year high of $16.00.

Insider Buying and Selling

In other Bridgewater Bancshares news, Director David B. Juran sold 2,060 shares of Bridgewater Bancshares stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $14.66, for a total transaction of $30,199.60. Following the transaction, the director now directly owns 1,341,407 shares of the company’s stock, valued at approximately $19,665,026.62. This trade represents a 0.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas P. Trutna sold 2,000 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $15.13, for a total transaction of $30,260.00. Following the completion of the sale, the director now directly owns 100,780 shares of the company’s stock, valued at $1,524,801.40. This trade represents a 1.95 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,046 shares of company stock worth $478,580. Corporate insiders own 23.21% of the company’s stock.

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.