Equities research analysts forecast that Boston Private Financial Hldg Inc (NASDAQ:BPFH) will report earnings of $0.23 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Boston Private Financial’s earnings, with the lowest EPS estimate coming in at $0.21 and the highest estimate coming in at $0.25. Boston Private Financial reported earnings per share of $0.24 during the same quarter last year, which would indicate a negative year-over-year growth rate of 4.2%. The firm is expected to issue its next quarterly earnings results after the market closes on Wednesday, January 17th.

On average, analysts expect that Boston Private Financial will report full year earnings of $0.89 per share for the current financial year, with EPS estimates ranging from $0.87 to $0.89. For the next financial year, analysts forecast that the firm will report earnings of $0.97 per share. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Boston Private Financial.

Boston Private Financial (NASDAQ:BPFH) last posted its earnings results on Wednesday, October 18th. The bank reported $0.22 EPS for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.01). Boston Private Financial had a net margin of 18.44% and a return on equity of 10.03%. The business had revenue of $96.89 million for the quarter, compared to analyst estimates of $98.00 million.

A number of equities research analysts have recently commented on BPFH shares. Zacks Investment Research cut Boston Private Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, September 27th. Keefe, Bruyette & Woods restated a “hold” rating and set a $15.00 target price on shares of Boston Private Financial in a research report on Tuesday, October 3rd. BMO Capital Markets restated a “hold” rating and set a $15.00 target price on shares of Boston Private Financial in a research report on Thursday, October 5th. SunTrust Banks set a $17.00 price target on shares of Boston Private Financial and gave the company a “hold” rating in a research note on Friday, November 17th. Finally, BidaskClub lowered shares of Boston Private Financial from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Eight analysts have rated the stock with a hold rating, Boston Private Financial has a consensus rating of “Hold” and a consensus price target of $16.58.

Shares of Boston Private Financial (BPFH) opened at $15.25 on Friday. Boston Private Financial has a 12-month low of $13.95 and a 12-month high of $17.88. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market capitalization of $1,267.82, a PE ratio of 17.73 and a beta of 1.06.

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Boston Private Financial by 2.0% in the 2nd quarter. Vanguard Group Inc. now owns 7,743,515 shares of the bank’s stock valued at $118,863,000 after buying an additional 152,086 shares in the last quarter. State Street Corp lifted its stake in Boston Private Financial by 8.0% in the 2nd quarter. State Street Corp now owns 2,916,019 shares of the bank’s stock valued at $44,759,000 after buying an additional 216,580 shares in the last quarter. Royce & Associates LP lifted its stake in Boston Private Financial by 12.3% in the 3rd quarter. Royce & Associates LP now owns 962,806 shares of the bank’s stock valued at $15,934,000 after buying an additional 105,316 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Boston Private Financial by 8.5% in the 2nd quarter. Wells Fargo & Company MN now owns 90,884 shares of the bank’s stock valued at $1,395,000 after buying an additional 7,153 shares in the last quarter. Finally, UBS Asset Management Americas Inc. lifted its stake in Boston Private Financial by 60.7% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 32,457 shares of the bank’s stock valued at $498,000 after buying an additional 12,261 shares in the last quarter. 90.48% of the stock is currently owned by hedge funds and other institutional investors.

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Boston Private Financial 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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