Equities analysts predict that Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) will post earnings per share (EPS) of $0.23 for the current quarter, according to Zacks. Three analysts have issued estimates for Boston Private Financial Holdings’ earnings, with the lowest EPS estimate coming in at $0.22 and the highest estimate coming in at $0.25. Boston Private Financial Holdings posted earnings per share of $0.21 during the same quarter last year, which indicates a positive year over year growth rate of 9.5%. The firm is expected to announce its next quarterly earnings report on Thursday, October 19th.

According to Zacks, analysts expect that Boston Private Financial Holdings will report full year earnings of $0.90 per share for the current financial year, with EPS estimates ranging from $0.87 to $0.92. For the next financial year, analysts expect that the business will post earnings of $0.98 per share, with EPS estimates ranging from $0.92 to $1.11. Zacks Investment Research’s EPS averages are a mean 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 earnings results on Wednesday, July 26th. The bank reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. Boston Private Financial Holdings had a return on equity of 10.16% and a net margin of 18.86%. The business had revenue of $94.37 million during the quarter, compared to analysts’ expectations of $95.70 million.

A number of equities research analysts have recently weighed in on the company. ValuEngine lowered Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. BidaskClub lowered Boston Private Financial Holdings from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th. Jefferies Group LLC reissued a “hold” rating and issued a $17.00 target price on shares of Boston Private Financial Holdings in a research note on Friday, August 11th. Finally, Zacks Investment Research lowered Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. Boston Private Financial Holdings currently has a consensus rating of “Hold” and a consensus price target of $15.60.

Boston Private Financial Holdings (NASDAQ BPFH) opened at 15.05 on Friday. The firm has a 50-day moving average price of $14.80 and a 200-day moving average price of $15.50. The firm has a market cap of $1.27 billion, a PE ratio of 17.73 and a beta of 1.07. Boston Private Financial Holdings has a one year low of $12.42 and a one year high of $17.88.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Wednesday, August 9th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, August 7th. This represents a $0.44 dividend on an annualized basis and a yield of 2.92%. Boston Private Financial Holdings’s dividend payout ratio is presently 51.16%.

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A number of large investors have recently made changes to their positions in BPFH. Meadow Creek Investment Management LLC increased its holdings in Boston Private Financial Holdings by 8.4% during the 1st quarter. Meadow Creek Investment Management LLC now owns 6,496 shares of the bank’s stock valued at $107,000 after purchasing an additional 504 shares during the period. Ameritas Investment Partners Inc. purchased a new position in Boston Private Financial Holdings during the 1st quarter valued at about $116,000. Glen Harbor Capital Management LLC increased its holdings in Boston Private Financial Holdings by 8.4% during the 1st quarter. Glen Harbor Capital Management LLC now owns 7,888 shares of the bank’s stock valued at $129,000 after purchasing an additional 612 shares during the period. SG Americas Securities LLC increased its holdings in Boston Private Financial Holdings by 21.5% during the 1st quarter. SG Americas Securities LLC now owns 8,638 shares of the bank’s stock valued at $142,000 after purchasing an additional 1,531 shares during the period. Finally, Nordea Investment Management AB purchased a new position in Boston Private Financial Holdings during the 1st quarter valued at about $157,000. Institutional investors own 90.62% of the company’s stock.

Boston Private Financial Holdings Company Profile

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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