Bankwell Financial Group, Inc. (NASDAQ:BWFG) EVP Sells $18,742.50 in Stock

Bankwell Financial Group, Inc. (NASDAQ:BWFG) EVP Christine Chivily sold 750 shares of the business’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $24.99, for a total transaction of $18,742.50. Following the completion of the transaction, the executive vice president now owns 16,264 shares in the company, valued at approximately $406,437.36. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Christine Chivily also recently made the following trade(s):

• On Monday, May 13th, Christine Chivily sold 6,356 shares of Bankwell Financial Group stock. The stock was sold at an average price of $23.60, for a total transaction of $150,001.60.

Bankwell Financial Group Trading Down 0.9 %

Shares of NASDAQ BWFG traded down $0.24 during midday trading on Wednesday, reaching $25.38. The stock had a trading volume of 14,479 shares, compared to its average volume of 11,960. The firm has a market cap of $200.50 million, a price-to-earnings ratio of 6.67 and a beta of 0.83. Bankwell Financial Group, Inc. has a twelve month low of $22.47 and a twelve month high of $30.83. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.07 and a current ratio of 1.07. The company’s 50 day moving average price is $24.28 and its 200 day moving average price is $25.85.

Bankwell Financial Group (NASDAQ:BWFG) last released its earnings results on Wednesday, April 24th. The bank reported $0.48 earnings per share (EPS) for the quarter. Bankwell Financial Group had a net margin of 15.28% and a return on equity of 11.55%. The company had revenue of $22.06 million for the quarter.

Bankwell Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Investors of record on Friday, May 10th were given a dividend of $0.20 per share. The ex-dividend date was Thursday, May 9th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.15%. Bankwell Financial Group’s payout ratio is presently 20.83%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AJOVista LLC acquired a new position in shares of Bankwell Financial Group during the 4th quarter valued at $67,000. BNP Paribas Financial Markets lifted its position in shares of Bankwell Financial Group by 119.9% during the 1st quarter. BNP Paribas Financial Markets now owns 2,901 shares of the bank’s stock valued at $75,000 after acquiring an additional 1,582 shares during the period. Carl P. Sherr & Co. LLC bought a new stake in Bankwell Financial Group during the 4th quarter valued at $241,000. Bridge City Capital LLC increased its stake in Bankwell Financial Group by 17.9% during the 1st quarter. Bridge City Capital LLC now owns 11,718 shares of the bank’s stock valued at $304,000 after purchasing an additional 1,780 shares in the last quarter. Finally, Kennedy Capital Management LLC bought a new stake in Bankwell Financial Group during the 3rd quarter valued at $365,000. Institutional investors and hedge funds own 35.80% of the company’s stock.

Bankwell Financial Group Company Profile

Bankwell Financial Group, Inc operates as the bank holding company for Bankwell Bank that provides various banking services for individual and commercial customers. It offers various traditional depository products, including checking, savings, money market, and certificates of deposit. The company also provides first mortgage loans secured by one-to-four family owner occupied residential properties for personal use; home equity loans and home equity lines of credit secured by owner occupied one-to-four family residential properties; loans secured by commercial real estate, multi-family dwellings, owner-occupied commercial real estate, and investor-owned one-to-four family dwellings; commercial construction loans for commercial development projects, including apartment buildings and condominiums, as well as office buildings, retail, and other income producing properties; land loans; commercial business loans secured by assignments of corporate assets and personal guarantees of the business owners; loans to finance insurance premiums; overdraft lines of credit; and unsecured personal loans.