News coverage about Boston Private Financial (NASDAQ:BPFH) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Boston Private Financial earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the bank an impact score of 47.4291199217516 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Boston Private Financial (NASDAQ BPFH) opened at $15.45 on Monday. Boston Private Financial has a 52 week low of $13.95 and a 52 week high of $17.40. The firm has a market capitalization of $1,301.88, a PE ratio of 35.93 and a beta of 1.03. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.08.
Boston Private Financial (NASDAQ:BPFH) last issued its quarterly earnings results on Wednesday, January 17th. The bank reported $0.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.01). Boston Private Financial had a return on equity of 9.95% and a net margin of 9.58%. The business had revenue of $96.45 million for the quarter, compared to analysts’ expectations of $100.07 million. During the same quarter in the previous year, the firm posted $0.24 EPS. research analysts forecast that Boston Private Financial will post 0.93 EPS for the current fiscal year.
A number of brokerages have recently weighed in on BPFH. ValuEngine upgraded Boston Private Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. BidaskClub upgraded Boston Private Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st. Keefe, Bruyette & Woods restated a “hold” rating and set a $16.00 price target on shares of Boston Private Financial in a research note on Friday, January 19th. Zacks Investment Research lowered Boston Private Financial from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. Finally, Sandler O’Neill set a $17.00 price target on Boston Private Financial and gave the stock a “hold” rating in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $16.50.
In other news, EVP W. Timothy Macdonald bought 3,129 shares of the company’s stock in a transaction that occurred on Monday, January 22nd. The shares were purchased at an average price of $15.44 per share, for a total transaction of $48,311.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Morton III sold 35,057 shares of the company’s stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $15.46, for a total value of $541,981.22. Following the completion of the sale, the director now owns 42,512 shares in the company, valued at approximately $657,235.52. The disclosure for this sale can be found here. In the last quarter, insiders purchased 33,255 shares of company stock worth $507,486. 2.07% of the stock is owned by insiders.
About Boston Private Financial
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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