Blue Hills Bancorp, Inc. (BHBK) Director Scott Smith Sells 1,950 Shares
Blue Hills Bancorp, Inc. (NASDAQ:BHBK) Director Scott Smith sold 1,950 shares of the company’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $19.48, for a total transaction of $37,986.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Blue Hills Bancorp, Inc. (BHBK) traded up $0.20 during mid-day trading on Monday, hitting $20.05. 34,200 shares of the company’s stock traded hands, compared to its average volume of 51,998. The stock has a market capitalization of $537.88, a price-to-earnings ratio of 34.57 and a beta of 0.29. Blue Hills Bancorp, Inc. has a 1-year low of $16.15 and a 1-year high of $21.90. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.28.
Blue Hills Bancorp (NASDAQ:BHBK) last released its quarterly earnings results on Wednesday, October 25th. The bank reported $0.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.03. The business had revenue of $19.78 million during the quarter. Blue Hills Bancorp had a net margin of 19.33% and a return on equity of 3.50%. sell-side analysts expect that Blue Hills Bancorp, Inc. will post 0.56 EPS for the current year.
Hedge funds have recently added to or reduced their stakes in the business. UBS Asset Management Americas Inc. purchased a new stake in shares of Blue Hills Bancorp during the first quarter valued at about $195,000. Susquehanna International Group LLP purchased a new stake in shares of Blue Hills Bancorp during the second quarter valued at about $269,000. American International Group Inc. lifted its position in shares of Blue Hills Bancorp by 6.8% during the first quarter. American International Group Inc. now owns 15,135 shares of the bank’s stock valued at $270,000 after buying an additional 960 shares during the last quarter. Parametric Portfolio Associates LLC purchased a new stake in shares of Blue Hills Bancorp during the second quarter valued at about $277,000. Finally, GSA Capital Partners LLP lifted its position in shares of Blue Hills Bancorp by 9.3% during the second quarter. GSA Capital Partners LLP now owns 19,074 shares of the bank’s stock valued at $341,000 after buying an additional 1,624 shares during the last quarter. 50.42% of the stock is owned by institutional investors and hedge funds.
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.
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