Boston Private Financial Holdings (BPFH) Receiving Somewhat Favorable Press Coverage, Analysis Finds
Media stories about Boston Private Financial Holdings (NASDAQ:BPFH) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Boston Private Financial Holdings earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 48.7316990698514 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Boston Private Financial Holdings (NASDAQ:BPFH) traded up $0.15 during midday trading on Friday, reaching $15.05. 210,424 shares of the company’s stock traded hands, compared to its average volume of 318,051. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $1,270.00, a price-to-earnings ratio of 17.36 and a beta of 1.06. Boston Private Financial Holdings has a 52 week low of $13.60 and a 52 week high of $17.88.
Boston Private Financial Holdings (NASDAQ:BPFH) last posted its quarterly earnings data on Wednesday, October 18th. The bank reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.01). The firm had revenue of $96.89 million for the quarter, compared to analysts’ expectations of $98.00 million. Boston Private Financial Holdings had a return on equity of 10.03% and a net margin of 18.44%. research analysts anticipate that Boston Private Financial Holdings will post 0.89 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Friday, November 3rd will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 2.92%. The ex-dividend date is Thursday, November 2nd. Boston Private Financial Holdings’s payout ratio is 55.70%.
BPFH has been the topic of several research reports. Zacks Investment Research cut shares of Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. BidaskClub cut shares of Boston Private Financial Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Jefferies Group LLC restated a “hold” rating and issued a $17.00 price target on shares of Boston Private Financial Holdings in a research report on Friday, August 11th. ValuEngine cut shares of Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $15.00 price target on shares of Boston Private Financial Holdings in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Boston Private Financial Holdings presently has a consensus rating of “Hold” and a consensus target price of $16.00.
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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.
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