Carolyn M. Burke Buys 1,000 Shares of Finward Bancorp (NASDAQ:FNWD) Stock

Finward Bancorp (NASDAQ:FNWD) Director Carolyn M. Burke bought 1,000 shares of Finward Bancorp stock in a transaction that occurred on Monday, February 3rd. The shares were acquired at an average price of $26.80 per share, with a total value of $26,800.00. Following the completion of the acquisition, the director now directly owns 1,000 shares of the company’s stock, valued at $26,800. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Finward Bancorp Trading Down 0.5 %

Finward Bancorp stock opened at $26.38 on Wednesday. The company has a 50 day moving average price of $28.33 and a 200 day moving average price of $29.32. Finward Bancorp has a 52 week low of $22.82 and a 52 week high of $33.50. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market capitalization of $113.80 million, a price-to-earnings ratio of 9.32 and a beta of 0.54.

Finward Bancorp (NASDAQ:FNWD) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.31. Finward Bancorp had a net margin of 10.85% and a return on equity of 7.91%. Research analysts forecast that Finward Bancorp will post 0.9 EPS for the current year.

Finward Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Tuesday, January 21st were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend was Tuesday, January 21st. Finward Bancorp’s dividend payout ratio is 16.96%.

Hedge Funds Weigh In On Finward Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FNWD. PL Capital Advisors LLC lifted its position in Finward Bancorp by 0.3% in the 4th quarter. PL Capital Advisors LLC now owns 355,716 shares of the company’s stock worth $9,999,000 after buying an additional 894 shares in the last quarter. Geode Capital Management LLC lifted its position in Finward Bancorp by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 38,662 shares of the company’s stock worth $1,237,000 after buying an additional 2,825 shares in the last quarter. Commonwealth Equity Services LLC purchased a new stake in Finward Bancorp in the 4th quarter worth approximately $221,000. Finally, Dimensional Fund Advisors LP purchased a new stake in Finward Bancorp in the 2nd quarter worth approximately $329,000. Institutional investors and hedge funds own 26.59% of the company’s stock.

About Finward Bancorp

Finward Bancorp operates as the holding company for Peoples Bank that provides various banking products and services. The company’s deposit products include non-interest- and interest-bearing demand accounts, savings accounts, money market deposit accounts, certificate accounts, and retirement savings plans.