Boston Private Financial Holdings Given “Neutral” Rating at Macquarie (BPFH)
Boston Private Financial Holdings (NASDAQ:BPFH)‘s stock had its “neutral” rating reaffirmed by equities researchers at Macquarie in a research report issued on Thursday. They currently have a $13.50 target price on the stock, up from their previous target price of $13.00. Macquarie’s target price points to a potential upside of 4.33% from the stock’s previous close.
Boston Private Financial Holdings (NASDAQ:BPFH) traded down 0.31% during mid-day trading on Thursday, hitting $12.90. The stock had a trading volume of 613,582 shares. Boston Private Financial Holdings has a 1-year low of $10.07 and a 1-year high of $14.64. The stock has a 50-day moving average of $13.18 and a 200-day moving average of $12.85. The company has a market cap of $1.036 billion and a P/E ratio of 17.58.
Boston Private Financial Holdings (NASDAQ:BPFH) last posted its quarterly earnings results on Tuesday, July 15th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.04. During the same quarter in the prior year, the company posted $0.18 earnings per share. On average, analysts predict that Boston Private Financial Holdings will post $0.83 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 22nd. Stockholders of record on Friday, August 8th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.47%.
Boston Private Financial Holdings, Inc (NASDAQ:BPFH) is the bank holding company for Boston Private Bank & Trust Company (the Bank).
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