BidaskClub cut shares of Bankwell Financial Group (NASDAQ:BWFG) from a sell rating to a strong sell rating in a research note published on Wednesday.

Separately, ValuEngine downgraded shares of Bankwell Financial Group from a buy rating to a hold rating in a report on Tuesday, November 14th.

Bankwell Financial Group (BWFG) traded up $0.07 during midday trading on Wednesday, hitting $35.36. 23,213 shares of the company traded hands, compared to its average volume of 15,635. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.39. The company has a market cap of $272.88, a P/E ratio of 18.13 and a beta of 0.52. Bankwell Financial Group has a fifty-two week low of $28.79 and a fifty-two week high of $38.50.

Bankwell Financial Group (NASDAQ:BWFG) last posted its quarterly earnings data on Wednesday, October 18th. The bank reported $0.55 earnings per share (EPS) for the quarter. Bankwell Financial Group had a net margin of 20.74% and a return on equity of 9.92%.

In related news, Director Blake S. Drexler bought 1,128 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was purchased at an average cost of $36.59 per share, for a total transaction of $41,273.52. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James A. Fieber sold 10,000 shares of the company’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $37.45, for a total transaction of $374,500.00. Following the transaction, the director now owns 138,684 shares of the company’s stock, valued at $5,193,715.80. The disclosure for this sale can be found here. 22.37% of the stock is currently owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in the stock. Banc Funds Co. LLC raised its stake in Bankwell Financial Group by 9.3% during the 2nd quarter. Banc Funds Co. LLC now owns 412,094 shares of the bank’s stock valued at $12,870,000 after purchasing an additional 35,000 shares during the last quarter. Vanguard Group Inc. raised its stake in Bankwell Financial Group by 19.9% during the 2nd quarter. Vanguard Group Inc. now owns 176,883 shares of the bank’s stock valued at $5,524,000 after purchasing an additional 29,324 shares during the last quarter. State Street Corp raised its stake in Bankwell Financial Group by 4.0% during the 2nd quarter. State Street Corp now owns 85,468 shares of the bank’s stock valued at $2,666,000 after purchasing an additional 3,305 shares during the last quarter. Wasatch Advisors Inc. raised its stake in Bankwell Financial Group by 29.7% during the 3rd quarter. Wasatch Advisors Inc. now owns 80,189 shares of the bank’s stock valued at $2,962,000 after purchasing an additional 18,371 shares during the last quarter. Finally, Northern Trust Corp raised its stake in Bankwell Financial Group by 11.2% during the 2nd quarter. Northern Trust Corp now owns 66,284 shares of the bank’s stock valued at $2,070,000 after purchasing an additional 6,700 shares during the last quarter. Hedge funds and other institutional investors own 48.50% of the company’s stock.

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Bankwell Financial Group Company Profile

Bankwell Financial Group, Inc is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state non-member bank. The Bank provides a range of banking services to commercial and consumer customers, concentrated in the Fairfield and New Haven Counties region of Connecticut.

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