Blue Hills Bancorp, Inc. (NASDAQ:BHBK) Director Scott Smith sold 1,950 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $19.48, for a total transaction of $37,986.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Shares of Blue Hills Bancorp, Inc. (NASDAQ:BHBK) opened at $20.25 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.28. The stock has a market cap of $537.88, a P/E ratio of 34.57 and a beta of 0.29. Blue Hills Bancorp, Inc. has a 52-week low of $16.40 and a 52-week high of $21.90.
Blue Hills Bancorp (NASDAQ:BHBK) last posted its quarterly earnings results on Wednesday, October 25th. The bank reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. The business had revenue of $19.78 million during the quarter. Blue Hills Bancorp had a net margin of 19.33% and a return on equity of 3.50%. research analysts anticipate that Blue Hills Bancorp, Inc. will post 0.56 EPS for the current fiscal year.
BHBK has been the subject of several recent analyst reports. Piper Jaffray Companies reiterated a “hold” rating and issued a $21.00 target price on shares of Blue Hills Bancorp in a report on Wednesday, November 1st. BidaskClub upgraded shares of Blue Hills Bancorp from a “hold” rating to a “buy” rating in a report on Monday, July 31st. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $19.00 target price on shares of Blue Hills Bancorp in a report on Friday, August 18th.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. UBS Asset Management Americas Inc. bought a new position in Blue Hills Bancorp during the first quarter valued at approximately $195,000. Susquehanna International Group LLP bought a new position in Blue Hills Bancorp during the second quarter valued at approximately $269,000. American International Group Inc. raised its position in Blue Hills Bancorp by 6.8% during the first quarter. American International Group Inc. now owns 15,135 shares of the bank’s stock valued at $270,000 after acquiring an additional 960 shares in the last quarter. Parametric Portfolio Associates LLC bought a new position in Blue Hills Bancorp during the second quarter valued at approximately $277,000. Finally, GSA Capital Partners LLP raised its position in Blue Hills Bancorp by 9.3% during the second quarter. GSA Capital Partners LLP now owns 19,074 shares of the bank’s stock valued at $341,000 after acquiring an additional 1,624 shares in the last quarter. 50.42% of the stock is owned by institutional investors and hedge funds.
Blue Hills Bancorp Company Profile
Blue Hills Bancorp, Inc is a bank holding company for the Blue Hills Bank (the Bank). Blue Hills Bank is a Massachusetts-chartered savings bank. As of December 31, 2016, the Bank provided financial services to individuals, families, small to mid-size businesses and government and non-profit organizations online and through its 11 full-service branch offices located in Brookline, Dedham, Hyde Park, Milton, Nantucket, Norwood, West Roxbury, and Westwood, Massachusetts.
Receive News & Ratings for Blue Hills Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Hills Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.