Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Boston Private Financial (BPFH) Share Price

Media headlines about Boston Private Financial (NASDAQ:BPFH) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Boston Private Financial earned a news impact score of 0.05 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 47.3865378847539 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

A number of equities research analysts have commented on BPFH shares. SunTrust Banks set a $17.00 price objective on Boston Private Financial and gave the stock a “hold” rating in a research report on Friday, November 17th. Keefe, Bruyette & Woods restated a “hold” rating and set a $16.00 price objective on shares of Boston Private Financial in a research report on Friday, January 19th. BidaskClub lowered Boston Private Financial from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Sandler O’Neill set a $17.00 price objective on Boston Private Financial and gave the stock a “hold” rating in a research report on Wednesday, January 3rd. Finally, Zacks Investment Research lowered Boston Private Financial from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. Boston Private Financial presently has an average rating of “Hold” and a consensus target price of $16.50.

Shares of Boston Private Financial (BPFH) opened at $14.95 on Thursday. The stock has a market capitalization of $1,237.87, a PE ratio of 34.77 and a beta of 1.02. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.00 and a current ratio of 1.00. Boston Private Financial has a 1-year low of $13.95 and a 1-year high of $17.88.

Boston Private Financial (NASDAQ:BPFH) last announced its quarterly earnings results on Wednesday, January 17th. The bank reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.01). The firm had revenue of $96.45 million for the quarter, compared to analyst estimates of $100.07 million. Boston Private Financial had a net margin of 9.58% and a return on equity of 9.95%. During the same quarter in the prior year, the firm earned $0.24 earnings per share. sell-side analysts anticipate that Boston Private Financial will post 1.02 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Friday, February 2nd will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.21%. This is a positive change from Boston Private Financial’s previous quarterly dividend of $0.11. The ex-dividend date is Thursday, February 1st. Boston Private Financial’s payout ratio is currently 111.63%.

In other news, CEO Corey Griffin purchased 5,000 shares of Boston Private Financial stock in a transaction dated Tuesday, January 30th. The stock was acquired at an average cost of $15.19 per share, for a total transaction of $75,950.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John Morton III sold 35,057 shares of Boston Private Financial stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $15.46, for a total value of $541,981.22. Following the sale, the director now owns 42,512 shares of the company’s stock, valued at $657,235.52. The disclosure for this sale can be found here. Over the last quarter, insiders have bought 26,312 shares of company stock valued at $402,369. 2.07% of the stock is owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for Boston Private Financial (NASDAQ:BPFH)

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