Boston Private Financial Holdings Inc. Announces Quarterly Dividend of $0.07 (BPFH)
Boston Private Financial Holdings (NASDAQ:BPFH) announced a quarterly dividend on Thursday, October 17th, American Banking News reports. Investors of record on Friday, November 8th will be paid a dividend of $0.07 per share on Friday, November 22nd. This represents a $0.28 annualized dividend and a dividend yield of 2.42%.
A number of analysts have recently weighed in on BPFH shares. Analysts at Sandler O’Neill initiated coverage on shares of Boston Private Financial Holdings in a research note to investors on Wednesday, September 18th. They set a “buy” rating and a $12.50 price target on the stock. On the ratings front, analysts at BMO Capital Markets cut their price target on shares of Boston Private Financial Holdings from $12.00 to $11.00 in a research note to investors on Tuesday, August 13th. They now have a “market perform” rating on the stock. Finally, analysts at Thomson Reuters/Verus upgraded shares of Boston Private Financial Holdings from a “hold” rating to a “buy” rating in a research note to investors on Monday, July 22nd. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $11.06.
Boston Private Financial Holdings (NASDAQ:BPFH) traded up 1.22% on Thursday, hitting $11.58. The stock had a trading volume of 416,145 shares. Boston Private Financial Holdings has a 1-year low of $8.35 and a 1-year high of $11.63. The stock’s 50-day moving average is $10.85 and its 200-day moving average is $10.45. The company has a market cap of $924.5 million and a P/E ratio of 18.97.
Boston Private Financial Holdings (NASDAQ:BPFH) last posted its quarterly earnings results on Thursday, October 17th. The company reported $0.22 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.03. On average, analysts predict that Boston Private Financial Holdings will post $0.72 earnings per share for the current fiscal year.
Boston Private Financial Holdings, Inc (NASDAQ:BPFH) is the bank holding company for Boston Private Bank & Trust Company (the Bank).
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