Somewhat Positive News Coverage Somewhat Unlikely to Impact Blue Hills Bancorp (BHBK) Stock Price

Press coverage about Blue Hills Bancorp (NASDAQ:BHBK) has trended somewhat positive on Monday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than twenty 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 daily sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the bank an impact score of 45.6813717456563 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

BHBK has been the subject of a number of analyst reports. Piper Jaffray Companies restated a “hold” rating and issued a $21.00 target price on shares of Blue Hills Bancorp in a research note on Wednesday, November 1st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $19.00 target price on shares of Blue Hills Bancorp in a research note on Friday, August 18th. Finally, BidaskClub downgraded Blue Hills Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th.

Shares of Blue Hills Bancorp (NASDAQ BHBK) traded up $0.10 during mid-day trading on Monday, reaching $21.45. 36,200 shares of the company’s stock were exchanged, compared to its average volume of 60,761. The company has a market cap of $575.44, a PE ratio of 36.98 and a beta of 0.27. Blue Hills Bancorp has a 1-year low of $16.40 and a 1-year high of $22.05. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.04 and a quick ratio of 1.04.

Blue Hills Bancorp (NASDAQ:BHBK) last released its earnings results on Wednesday, October 25th. The bank reported $0.16 EPS for the quarter, beating the Zacks’ 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 business had revenue of $19.78 million for the quarter. analysts forecast that Blue Hills Bancorp will post 0.56 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Wednesday, November 29th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, November 28th. This represents a $0.60 annualized dividend and a yield of 2.80%. Blue Hills Bancorp’s payout ratio is 75.00%.

In other news, CFO Jim Kivlehan bought 12,178 shares of the company’s stock in a transaction dated Tuesday, October 31st. The stock was bought at an average cost of $21.78 per share, for a total transaction of $265,236.84. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Scott Smith sold 1,950 shares of the stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $19.48, for a total transaction of $37,986.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,367 shares of company stock valued at $108,548. Company insiders own 3.70% of the company’s stock.

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Blue Hills Bancorp Company Profile

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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