News coverage about Blue Hills Bancorp (NASDAQ:BHBK) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blue Hills Bancorp earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.1171677207091 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of brokerages have commented on BHBK. BidaskClub upgraded Blue Hills Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Piper Jaffray upgraded Blue Hills Bancorp from a “neutral” rating to an “overweight” rating in a research report on Monday, February 5th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $22.50 price target on shares of Blue Hills Bancorp in a research report on Friday, December 22nd.
Shares of NASDAQ:BHBK traded down $0.25 during trading on Tuesday, hitting $20.65. 31,835 shares of the company’s stock were exchanged, compared to its average volume of 77,627. The company has a current ratio of 1.04, a quick ratio of 1.03 and a debt-to-equity ratio of 0.26. Blue Hills Bancorp has a 52-week low of $17.35 and a 52-week high of $22.05. The stock has a market capitalization of $558.72, a P/E ratio of 36.82 and a beta of 0.08.
Blue Hills Bancorp (NASDAQ:BHBK) last released its earnings results on Monday, January 29th. The bank reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.16. Blue Hills Bancorp had a return on equity of 3.47% and a net margin of 16.19%. The firm had revenue of $20.72 million during the quarter. research analysts predict that Blue Hills Bancorp will post 0.83 earnings per share for the current fiscal year.
The firm also recently announced a None dividend, which was paid on Wednesday, March 21st. Investors of record on Wednesday, March 7th were given a dividend of $0.45 per share. This represents a dividend yield of 2.97%. The ex-dividend date of this dividend was Tuesday, March 6th. Blue Hills Bancorp’s dividend payout ratio is currently 107.14%.
In related news, Director Scott Smith sold 1,900 shares of the stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $19.95, for a total transaction of $37,905.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.70% of the company’s stock.
Blue Hills Bancorp Company Profile
Blue Hills Bancorp, Inc operates as the bank holding company for Blue Hills Bank that provides financial services to individuals, families, small to mid-size businesses, government, and non-profit organizations in Massachusetts. The company accepts passbook and statement savings, money market, commercial and regular checking, as well as certificates of deposit and IRAs.
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