Boston Private Financial Holdings, Inc. (BPFH) Shares Bought by Bingham Osborn & Scarborough LLC

Bingham Osborn & Scarborough LLC increased its position in Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) by 0.0% during the second quarter, according to its most recent filing with the SEC. The fund owned 10,050 shares of the bank’s stock after buying an additional 2 shares during the period. Bingham Osborn & Scarborough LLC’s holdings in Boston Private Financial Holdings were worth $154,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of BPFH. Meadow Creek Investment Management LLC boosted its position in shares of Boston Private Financial Holdings by 8.4% in the first quarter. Meadow Creek Investment Management LLC now owns 6,496 shares of the bank’s stock valued at $107,000 after buying an additional 504 shares during the last quarter. Ameritas Investment Partners Inc. acquired a new position in shares of Boston Private Financial Holdings during the first quarter valued at about $116,000. Glen Harbor Capital Management LLC boosted its position in shares of Boston Private Financial Holdings by 8.4% in the first quarter. Glen Harbor Capital Management LLC now owns 7,888 shares of the bank’s stock valued at $129,000 after buying an additional 612 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Boston Private Financial Holdings by 21.5% in the first quarter. SG Americas Securities LLC now owns 8,638 shares of the bank’s stock valued at $142,000 after buying an additional 1,531 shares during the last quarter. Finally, Nordea Investment Management AB acquired a new position in shares of Boston Private Financial Holdings during the first quarter valued at about $157,000. Hedge funds and other institutional investors own 91.17% of the company’s stock.

Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) opened at 14.60 on Friday. Boston Private Financial Holdings, Inc. has a 12 month low of $11.77 and a 12 month high of $17.88. The company has a 50 day moving average of $15.27 and a 200 day moving average of $15.87. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 17.20 and a beta of 1.06.

Boston Private Financial Holdings (NASDAQ:BPFH) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.05. Boston Private Financial Holdings had a return on equity of 10.16% and a net margin of 18.86%. The business had revenue of $94.37 million during the quarter, compared to the consensus estimate of $95.70 million. On average, equities analysts predict that Boston Private Financial Holdings, Inc. will post $0.90 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 18th. Stockholders of record on Wednesday, August 9th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date is Monday, August 7th. Boston Private Financial Holdings’s dividend payout ratio is presently 51.16%.

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BPFH has been the topic of several recent research reports. Zacks Investment Research upgraded shares of Boston Private Financial Holdings from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Tuesday, July 4th. ValuEngine upgraded shares of Boston Private Financial Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. BidaskClub upgraded shares of Boston Private Financial Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. BMO Capital Markets reiterated a “hold” rating and set a $16.00 target price on shares of Boston Private Financial Holdings in a report on Friday, April 28th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $17.00 target price on shares of Boston Private Financial Holdings in a report on Friday. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $15.60.

About Boston Private Financial Holdings

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.

Institutional Ownership by Quarter for Boston Private Financial Holdings (NASDAQ:BPFH)

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