Shares of Blue Hills Bancorp, Inc. (NASDAQ:BHBK) have earned an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Analysts have set a 1-year consensus price objective of $19.00 for the company and are forecasting that the company will post $0.13 EPS for the current quarter, according to Zacks. Zacks has also assigned Blue Hills Bancorp an industry rank of 74 out of 265 based on the ratings given to its competitors.

Separately, BidaskClub raised shares of Blue Hills Bancorp from a “hold” rating to a “buy” rating in a report on Monday, July 31st.

Blue Hills Bancorp (BHBK) traded up 0.52% during midday trading on Monday, hitting $19.50. The company had a trading volume of 38,741 shares. The firm’s 50 day moving average is $18.08 and its 200-day moving average is $18.19. Blue Hills Bancorp has a 52 week low of $13.78 and a 52 week high of $19.73. The firm has a market capitalization of $467.06 million, a P/E ratio of 27.78 and a beta of 0.23.

Blue Hills Bancorp (NASDAQ:BHBK) last released its quarterly earnings results on Wednesday, July 26th. The bank reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. The firm had revenue of $20.92 million for the quarter. Blue Hills Bancorp had a net margin of 17.56% and a return on equity of 2.95%. On average, equities research analysts expect that Blue Hills Bancorp will post $0.51 EPS for the current fiscal year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Anchor Capital Advisors LLC raised its position in shares of Blue Hills Bancorp by 1.1% in the second quarter. Anchor Capital Advisors LLC now owns 45,016 shares of the bank’s stock valued at $806,000 after buying an additional 487 shares during the period. Ironwood Investment Management LLC raised its position in shares of Blue Hills Bancorp by 56.7% in the second quarter. Ironwood Investment Management LLC now owns 70,023 shares of the bank’s stock valued at $1,253,000 after buying an additional 25,348 shares during the period. Municipal Employees Retirement System of Michigan bought a new position in shares of Blue Hills Bancorp during the second quarter valued at about $658,000. Citadel Advisors LLC raised its position in shares of Blue Hills Bancorp by 6.6% in the first quarter. Citadel Advisors LLC now owns 33,800 shares of the bank’s stock valued at $603,000 after buying an additional 2,090 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Blue Hills Bancorp by 15.9% in the first quarter. Dimensional Fund Advisors LP now owns 561,135 shares of the bank’s stock valued at $10,016,000 after buying an additional 76,911 shares during the period. Institutional investors own 50.88% of the company’s stock.

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.

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