Equities analysts expect that Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) will post $0.22 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Boston Private Financial Holdings’ earnings. The lowest EPS estimate is $0.21 and the highest is $0.24. Boston Private Financial Holdings posted earnings per share of $0.20 during the same quarter last year, which suggests a positive year over year growth rate of 10%. The business is expected to report its next quarterly earnings report after the market closes on Wednesday, July 26th.

On average, analysts expect that Boston Private Financial Holdings will report full-year earnings of $0.88 per share for the current financial year, with EPS estimates ranging from $0.85 to $0.92. For the next year, analysts forecast that the company will report earnings of $0.99 per share, with EPS estimates ranging from $0.90 to $1.11. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that that provide coverage for Boston Private Financial Holdings.

Boston Private Financial Holdings (NASDAQ:BPFH) last issued its quarterly earnings results on Wednesday, April 26th. The bank reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by $0.07. Boston Private Financial Holdings had a return on equity of 9.43% and a net margin of 17.49%. The business had revenue of $90.15 million for the quarter, compared to analyst estimates of $93.40 million.

A number of analysts have issued reports on BPFH shares. BidaskClub upgraded Boston Private Financial Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Zacks Investment Research cut Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a report on Monday, May 1st. BMO Capital Markets restated a “hold” rating and set a $16.00 target price on shares of Boston Private Financial Holdings in a report on Friday, April 28th. Jefferies Group LLC restated a “hold” rating and set a $17.00 target price on shares of Boston Private Financial Holdings in a report on Tuesday, April 4th. Finally, Keefe, Bruyette & Woods set a $15.00 target price on Boston Private Financial Holdings and gave the company a “hold” rating in a report on Monday, April 10th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $15.60.

In other Boston Private Financial Holdings news, Director Stephen M. Waters sold 9,000 shares of Boston Private Financial Holdings stock in a transaction that occurred on Tuesday, May 2nd. The stock was sold at an average price of $15.46, for a total transaction of $139,140.00. Following the transaction, the director now owns 39,093 shares of the company’s stock, valued at $604,377.78. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.07% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BPFH. GSA Capital Partners LLP bought a new position in Boston Private Financial Holdings during the fourth quarter worth about $174,000. Two Sigma Investments LP bought a new position in Boston Private Financial Holdings during the fourth quarter worth about $327,000. Norges Bank bought a new position in Boston Private Financial Holdings during the fourth quarter worth about $15,059,000. Teachers Advisors LLC raised its position in Boston Private Financial Holdings by 0.7% in the fourth quarter. Teachers Advisors LLC now owns 143,261 shares of the bank’s stock worth $2,371,000 after buying an additional 1,041 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new position in Boston Private Financial Holdings during the first quarter worth about $208,000. 91.00% of the stock is currently owned by institutional investors and hedge funds.

Boston Private Financial Holdings (NASDAQ:BPFH) opened at 15.10 on Monday. The company’s 50-day moving average is $15.30 and its 200 day moving average is $16.00. Boston Private Financial Holdings has a 12-month low of $11.77 and a 12-month high of $17.88. The stock has a market capitalization of $1.27 billion, a PE ratio of 19.84 and a beta of 1.06.

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About Boston Private Financial Holdings

Boston Private Financial Holdings, Inc is the bank holding company of Boston Private Bank & Trust Company. The Company offers private banking and wealth management services to high net worth individuals, families, businesses and select institutions. Its segments include Private Banking, Wealth Management and Trust, Investment Management and Wealth Advisory.

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Earnings History and Estimates for Boston Private Financial Holdings (NASDAQ:BPFH)

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