Boston Private Financial Holdings PT Raised to $13.50 at Keefe, Bruyette & Woods (BPFH)
Analysts at Keefe, Bruyette & Woods raised their price objective on shares of Boston Private Financial Holdings (NASDAQ:BPFH) from $12.50 to $13.50 in a research report issued to clients and investors on Thursday. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 4.33% from the company’s current price.
Boston Private Financial Holdings (NASDAQ:BPFH) traded down 0.31% on Thursday, hitting $12.90. 708,709 shares of the company’s stock traded hands. Boston Private Financial Holdings has a one year low of $10.07 and a one year high of $14.64. The stock’s 50-day moving average is $13.19 and its 200-day moving average is $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 issued its quarterly earnings data on Tuesday, July 15th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.04. During the same quarter in the previous 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 declared a quarterly dividend, which is scheduled for Friday, August 22nd. Shareholders of record on Friday, August 8th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend is Wednesday, August 6th.
Separately, analysts at Macquarie reiterated a “neutral” rating on shares of Boston Private Financial Holdings in a research note on Thursday. They now have a $13.50 price target on the stock, up previously from $13.00. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $12.67.
Boston Private Financial Holdings, Inc (NASDAQ:BPFH) is the bank holding company for Boston Private Bank & Trust Company (the Bank).
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