Blue Hills Bancorp, Inc. (NASDAQ:BHBK)‘s stock had its “hold” rating reiterated by investment analysts at Keefe, Bruyette & Woods in a report released on Friday. They presently have a $19.00 target price on the bank’s stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 0.26% from the company’s previous close.

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

Blue Hills Bancorp (NASDAQ BHBK) traded up 2.16% during midday trading on Friday, reaching $18.95. The company had a trading volume of 85,182 shares. The stock’s 50 day moving average price is $18.45 and its 200-day moving average price is $18.27. Blue Hills Bancorp has a one year low of $14.12 and a one year high of $19.73. The firm has a market capitalization of $470.89 million, a P/E ratio of 26.99 and a beta of 0.23.

Blue Hills Bancorp (NASDAQ:BHBK) last announced its quarterly earnings results on Wednesday, July 26th. The bank reported $0.14 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.02. Blue Hills Bancorp had a net margin of 17.56% and a return on equity of 2.94%. The business had revenue of $20.92 million for the quarter. On average, equities research analysts anticipate that Blue Hills Bancorp will post $0.54 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This piece of content was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/08/18/blue-hills-bancorp-inc-bhbk-given-hold-rating-at-keefe-bruyette-woods.html.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new position in shares of Blue Hills Bancorp during the fourth quarter worth approximately $124,000. Dimensional Fund Advisors LP raised its position in shares of Blue Hills Bancorp by 23.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 484,224 shares of the bank’s stock worth $9,079,000 after buying an additional 90,855 shares during the last quarter. Bank of Montreal Can acquired a new position in shares of Blue Hills Bancorp during the first quarter worth about $144,000. First Trust Advisors LP raised its position in shares of Blue Hills Bancorp by 9.4% in the first quarter. First Trust Advisors LP now owns 49,436 shares of the bank’s stock worth $882,000 after buying an additional 4,249 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Blue Hills Bancorp by 6.9% in the first quarter. Bank of New York Mellon Corp now owns 145,728 shares of the bank’s stock worth $2,601,000 after buying an additional 9,435 shares during the last quarter. Institutional investors and hedge funds own 50.85% of the company’s stock.

About Blue Hills Bancorp

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.

Receive News & Ratings for Blue Hills Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Hills Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.