BSB Bancorp Inc (NASDAQ:BLMT) CEO Robert M. Mahoney purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was bought at an average price of $30.00 per share, with a total value of $30,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Robert M. Mahoney also recently made the following trade(s):
- On Friday, February 16th, Robert M. Mahoney purchased 2,174 shares of BSB Bancorp stock. The stock was bought at an average price of $29.75 per share, with a total value of $64,676.50.
- On Tuesday, February 20th, Robert M. Mahoney purchased 3,174 shares of BSB Bancorp stock. The stock was bought at an average price of $29.83 per share, with a total value of $94,680.42.
Shares of BSB Bancorp Inc (BLMT) traded up $0.30 on Friday, reaching $30.35. The company had a trading volume of 6,118 shares, compared to its average volume of 10,887. The company has a market capitalization of $297.79, a P/E ratio of 16.49 and a beta of 0.41. BSB Bancorp Inc has a 12 month low of $26.65 and a 12 month high of $32.15. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.31 and a current ratio of 1.32.
Separately, BidaskClub upgraded BSB Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday.
Institutional investors and hedge funds have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. lifted its position in BSB Bancorp by 72.2% in the second quarter. Schwab Charles Investment Management Inc. now owns 15,267 shares of the bank’s stock worth $447,000 after buying an additional 6,400 shares during the last quarter. Vanguard Group Inc. lifted its position in BSB Bancorp by 4.9% in the second quarter. Vanguard Group Inc. now owns 315,282 shares of the bank’s stock worth $9,222,000 after buying an additional 14,614 shares during the last quarter. First Trust Advisors LP lifted its position in 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 buying an additional 3,917 shares during the last quarter. State Street Corp lifted its position in 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 buying an additional 36,833 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in BSB Bancorp by 27.7% in the second quarter. Dimensional Fund Advisors LP now owns 58,953 shares of the bank’s stock worth $1,724,000 after buying an additional 12,773 shares during the last quarter. Institutional investors own 50.52% of the company’s stock.
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.
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