Richard J. Fougere Sells 500 Shares of BSB Bancorp, Inc. (BLMT) Stock

BSB Bancorp, Inc. (NASDAQ:BLMT) Director Richard J. Fougere sold 500 shares of the company’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $29.25, for a total value of $14,625.00. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Richard J. Fougere also recently made the following trade(s):

  • On Friday, December 1st, Richard J. Fougere sold 500 shares of BSB Bancorp stock. The stock was sold at an average price of $31.55, for a total value of $15,775.00.

BSB Bancorp, Inc. (NASDAQ BLMT) traded down $0.35 during trading hours on Tuesday, hitting $28.90. The stock had a trading volume of 9,534 shares, compared to its average volume of 10,500. BSB Bancorp, Inc. has a 12 month low of $26.65 and a 12 month high of $32.15. The company has a market capitalization of $284.16, a PE ratio of 17.00 and a beta of 0.41. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.31 and a current ratio of 1.32.

BSB Bancorp (NASDAQ:BLMT) last released its quarterly earnings results on Thursday, October 19th. The bank reported $0.50 earnings per share (EPS) for the quarter. BSB Bancorp had a return on equity of 9.29% and a net margin of 20.64%. The company had revenue of $15.06 million during the quarter.

Several large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of BSB Bancorp by 16.9% in the third quarter. Dimensional Fund Advisors LP now owns 68,910 shares of the bank’s stock worth $2,064,000 after purchasing an additional 9,957 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of BSB Bancorp by 63.3% in the third quarter. Wells Fargo & Company MN now owns 9,534 shares of the bank’s stock worth $285,000 after purchasing an additional 3,696 shares in the last quarter. First Trust Advisors LP grew its stake in shares of BSB Bancorp by 25.8% in the third quarter. First Trust Advisors LP now owns 19,101 shares of the bank’s stock worth $572,000 after purchasing an additional 3,917 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of BSB Bancorp by 3.1% in the second quarter. The Manufacturers Life Insurance Company now owns 463,003 shares of the bank’s stock worth $13,543,000 after purchasing an additional 13,728 shares in the last quarter. Finally, State Street Corp grew its stake in shares of BSB Bancorp by 26.5% in the second quarter. State Street Corp now owns 175,622 shares of the bank’s stock worth $5,139,000 after purchasing an additional 36,833 shares in the last quarter. 49.85% of the stock is owned by institutional investors.

Separately, BidaskClub cut BSB Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, December 9th.

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About BSB Bancorp

BSB Bancorp, Inc (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.

Insider Buying and Selling by Quarter for BSB Bancorp (NASDAQ:BLMT)

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