Hotchkis & Wiley Capital Management LLC Increases Stock Position in Bridgewater Bancshares, Inc. (NASDAQ:BWB)

Hotchkis & Wiley Capital Management LLC lifted its position in shares of Bridgewater Bancshares, Inc. (NASDAQ:BWB) by 0.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 272,799 shares of the company’s stock after buying an additional 2,170 shares during the period. Hotchkis & Wiley Capital Management LLC’s holdings in Bridgewater Bancshares were worth $3,866,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new position in Bridgewater Bancshares during the second quarter worth approximately $35,000. BNP Paribas Financial Markets increased its position in shares of Bridgewater Bancshares by 18.0% in the third quarter. BNP Paribas Financial Markets now owns 4,424 shares of the company’s stock worth $63,000 after acquiring an additional 676 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Bridgewater Bancshares in the third quarter worth $100,000. Sei Investments Co. increased its position in shares of Bridgewater Bancshares by 23.3% in the second quarter. Sei Investments Co. now owns 14,360 shares of the company’s stock worth $167,000 after acquiring an additional 2,713 shares in the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in shares of Bridgewater Bancshares in the third quarter worth $183,000. Hedge funds and other institutional investors own 65.83% of the company’s stock.

Insider Activity at Bridgewater Bancshares

In related news, Director David B. Juran sold 2,060 shares of Bridgewater Bancshares stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $14.66, for a total value of $30,199.60. Following the sale, the director now directly owns 1,341,407 shares in the company, valued at $19,665,026.62. This trade represents a 0.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas P. Trutna sold 2,000 shares of the stock in a transaction that occurred 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 transaction, the director now owns 100,780 shares of the company’s stock, valued at $1,524,801.40. This trade represents a 1.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 29,046 shares of company stock valued at $432,050. Corporate insiders own 23.21% of the company’s stock.

Bridgewater Bancshares Price Performance

Bridgewater Bancshares stock opened at $15.25 on Friday. Bridgewater Bancshares, Inc. has a 52-week low of $10.45 and a 52-week high of $16.00. The firm has a fifty day moving average of $14.76 and a 200-day moving average of $13.39. The firm has a market capitalization of $418.25 million, a P/E ratio of 14.52 and a beta of 0.67. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.11.

Bridgewater Bancshares 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.