David J. Jr. Houston Sells 1,100 Shares of Blue Hills Bancorp Inc (BHBK) Stock

Blue Hills Bancorp Inc (NASDAQ:BHBK) Director David J. Jr. Houston sold 1,100 shares of Blue Hills Bancorp stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $20.39, for a total value of $22,429.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Blue Hills Bancorp Inc (NASDAQ:BHBK) traded down $0.05 on Thursday, hitting $20.70. The stock had a trading volume of 52,301 shares, compared to its average volume of 60,610. The company has a market cap of $547.27, a price-to-earnings ratio of 35.17 and a beta of 0.27. 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 Inc has a 1-year low of $16.40 and a 1-year high of $22.05.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 13th. Stockholders of record on Wednesday, November 29th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.90%. The ex-dividend date was Tuesday, November 28th. Blue Hills Bancorp’s dividend payout ratio is presently 75.00%.

Several brokerages have recently issued reports on BHBK. Piper Jaffray Companies reiterated a “hold” rating and set a $21.00 price target on shares of Blue Hills Bancorp in a research report on Wednesday, November 1st. BidaskClub cut Blue Hills Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $19.00 price target on shares of Blue Hills Bancorp in a research report on Friday, August 18th.

Several institutional investors and hedge funds have recently added to or reduced their stakes in BHBK. Susquehanna International Group LLP bought a new stake in shares of Blue Hills Bancorp during the 2nd quarter worth $269,000. Parametric Portfolio Associates LLC bought a new stake in shares of Blue Hills Bancorp during the 2nd quarter worth $277,000. GSA Capital Partners LLP boosted its stake in shares of Blue Hills Bancorp by 9.3% during the 2nd quarter. GSA Capital Partners LLP now owns 19,074 shares of the bank’s stock worth $341,000 after acquiring an additional 1,624 shares in the last quarter. Alliancebernstein L.P. boosted its stake in shares of Blue Hills Bancorp by 31.7% during the 2nd quarter. Alliancebernstein L.P. now owns 19,100 shares of the bank’s stock worth $342,000 after acquiring an additional 4,600 shares in the last quarter. Finally, PDT Partners LLC bought a new stake in shares of Blue Hills Bancorp during the 2nd quarter worth $401,000. 51.88% of the stock is owned by institutional investors and hedge funds.

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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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