Anti-Bankwell Financial Group Institutional Investors Sentiment Runs Low in 2018 Q3

Sentiment for Bankwell Financial Group (NASDAQ:BWFG)

Bankwell Financial Group (NASDAQ:BWFG) institutional sentiment decreased to 1.64 in 2018 Q3. Its down -0.11, from 1.75 in 2018Q2. The ratio worsened, as 23 active investment managers started new and increased positions, while 14 cut down and sold holdings in Bankwell Financial Group. The active investment managers in our partner’s database reported: 3.55 million shares, up from 3.51 million shares in 2018Q2. Also, the number of active investment managers holding Bankwell Financial Group in their top 10 positions increased from 1 to 2 for an increase of 1. Sold All: 3 Reduced: 11 Increased: 18 New Position: 5.

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 $222.54 million. It accepts checking, savings, and money market accounts; and demand and NOW deposits, as well as certificates of deposit. It has a 13.87 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 0.45% or $0.13 during the last trading session, reaching $28.75. About 16,291 shares traded. Bankwell Financial Group, Inc. (NASDAQ:BWFG) has declined 20.52% since January 14, 2018 and is downtrending. It has underperformed by 20.52% the S&P500.

Analysts await Bankwell Financial Group, Inc. (NASDAQ:BWFG) to report earnings on January, 30. They expect $0.56 earnings per share, up 5.66 % or $0.03 from last year’s $0.53 per share. BWFG’s profit will be $4.33 million for 12.83 P/E if the $0.56 EPS becomes a reality. After $0.62 actual earnings per share reported by Bankwell Financial Group, Inc. for the previous quarter, Wall Street now forecasts -9.68 % negative EPS growth.

Endicott Management Co holds 16.61% of its portfolio in Bankwell Financial Group, Inc. for 635,404 shares. Seidman Lawrence B owns 192,921 shares or 4.62% of their US portfolio. Moreover, Clover Partners L.P. has 1.86% invested in the company for 42,978 shares. The Illinois-based Perritt Capital Management Inc has invested 1.18% in the stock. Banc Funds Co Llc, a Illinois-based fund reported 477,232 shares.

Since January 1, 0001, it had 0 insider purchases, and 4 selling transactions for $121,396 activity.

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

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