Blue Hills Bancorp (BHBK) Receiving Somewhat Positive Media Coverage, Report Shows

Headlines about Blue Hills Bancorp (NASDAQ:BHBK) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blue Hills Bancorp earned a news impact score of 0.19 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 45.1669291873871 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Several equities research analysts have issued reports on BHBK shares. BidaskClub downgraded Blue Hills Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Piper Jaffray Companies restated a “hold” rating and set a $21.00 target price on shares of Blue Hills Bancorp in a research report on Wednesday, November 1st. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $22.50 target price on shares of Blue Hills Bancorp in a research report on Friday, December 22nd.

Blue Hills Bancorp (NASDAQ BHBK) traded up $0.05 during trading hours on Friday, hitting $21.05. The company’s stock had a trading volume of 25,521 shares, compared to its average volume of 45,952. The stock has a market capitalization of $564.71, a P/E ratio of 36.29 and a beta of 0.27. Blue Hills Bancorp has a 12-month low of $16.40 and a 12-month high of $22.05. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.28.

Blue Hills Bancorp (NASDAQ:BHBK) last posted its earnings results on Wednesday, October 25th. The bank reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.03. Blue Hills Bancorp had a return on equity of 3.50% and a net margin of 19.33%. The firm had revenue of $19.78 million for the quarter. equities analysts forecast that Blue Hills Bancorp will post 0.56 earnings per share for the current year.

In related news, Director Scott Smith sold 1,950 shares of the stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $19.48, for a total value of $37,986.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director George E. Clancy sold 1,517 shares of the stock in a transaction on Monday, November 27th. The stock was sold at an average price of $20.35, for a total value of $30,870.95. Following the completion of the sale, the director now owns 18,795 shares in the company, valued at approximately $382,478.25. The disclosure for this sale can be found here. Insiders sold 6,467 shares of company stock worth $130,977 in the last quarter. 3.70% of the stock is currently owned by company insiders.

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About Blue Hills Bancorp

Blue Hills Bancorp, Inc is a bank holding company for the Blue Hills Bank (the Bank). Blue Hills Bank is a Massachusetts-chartered savings bank. As of December 31, 2016, the Bank provided financial services to individuals, families, small to mid-size businesses and government and non-profit organizations online and through its 11 full-service branch offices located in Brookline, Dedham, Hyde Park, Milton, Nantucket, Norwood, West Roxbury, and Westwood, Massachusetts.

Insider Buying and Selling by Quarter for Blue Hills Bancorp (NASDAQ:BHBK)

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