BidaskClub upgraded shares of Bankwell Financial Group (NASDAQ:BWFG) from a strong sell rating to a sell rating in a report issued on Monday morning.

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

Shares of Bankwell Financial Group (NASDAQ:BWFG) opened at $32.75 on Monday. Bankwell Financial Group has a 1-year low of $29.90 and a 1-year high of $38.50. The firm has a market cap of $255.01, a PE ratio of 16.20 and a beta of 0.42. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.12 and a quick ratio of 1.12.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Monday, February 26th will be given a $0.12 dividend. This is a positive change from Bankwell Financial Group’s previous quarterly dividend of $0.07. This represents a $0.48 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Friday, February 23rd. Bankwell Financial Group’s dividend payout ratio (DPR) is presently 15.64%.

Several institutional investors have recently made changes to their positions in BWFG. Bowling Portfolio Management LLC purchased a new position in shares of Bankwell Financial Group in the 4th quarter valued at approximately $1,755,000. Vanguard Group Inc. raised its position in shares of Bankwell Financial Group by 19.9% in 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. Wasatch Advisors Inc. raised its position in shares of Bankwell Financial Group by 29.7% in 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. Dupont Capital Management Corp purchased a new position in shares of Bankwell Financial Group in the 3rd quarter valued at approximately $482,000. Finally, SeaCrest Wealth Management LLC purchased a new position in shares of Bankwell Financial Group in the 4th quarter valued at approximately $386,000. 49.33% of the stock is owned by hedge funds and other institutional investors.

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About Bankwell Financial Group

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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