Swiss National Bank held its stake in Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,400 shares of the bank’s stock at the close of the 2nd quarter. Swiss National Bank owned about 0.17% of Boston Private Financial Holdings worth $2,140,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in BPFH. Russell Investments Group Ltd. bought a new stake in shares of Boston Private Financial Holdings in the first quarter valued at about $530,000. Bank of New York Mellon Corp boosted its position in shares of Boston Private Financial Holdings by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 1,390,310 shares of the bank’s stock valued at $22,801,000 after acquiring an additional 14,659 shares during the period. Comerica Bank boosted its position in shares of Boston Private Financial Holdings by 5.0% in the first quarter. Comerica Bank now owns 92,873 shares of the bank’s stock valued at $1,486,000 after acquiring an additional 4,401 shares during the period. Karp Capital Management Corp bought a new stake in shares of Boston Private Financial Holdings in the first quarter valued at about $646,000. Finally, Parametric Portfolio Associates LLC boosted its position in shares of Boston Private Financial Holdings by 30.5% in the first quarter. Parametric Portfolio Associates LLC now owns 178,795 shares of the bank’s stock valued at $2,932,000 after acquiring an additional 41,796 shares during the period. 90.62% of the stock is owned by institutional investors.

Shares of Boston Private Financial Holdings, Inc. (BPFH) opened at 16.40 on Thursday. Boston Private Financial Holdings, Inc. has a 52-week low of $12.45 and a 52-week high of $17.88. The company’s 50-day moving average is $15.14 and its 200 day moving average is $15.39. The company has a market cap of $1.38 billion, a PE ratio of 19.32 and a beta of 1.09.

Boston Private Financial Holdings (NASDAQ:BPFH) last announced its quarterly earnings data on Wednesday, July 26th. The bank reported $0.27 earnings per share for the quarter, topping the 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 company had revenue of $94.37 million during the quarter, compared to analyst estimates of $95.70 million. On average, analysts anticipate that Boston Private Financial Holdings, Inc. will post $0.90 EPS for the current year.

A number of equities research analysts have recently issued reports on BPFH shares. 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. BMO Capital Markets reissued a “hold” rating and issued a $15.00 target price on shares of Boston Private Financial Holdings in a research report on Thursday. ValuEngine cut shares of Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. BidaskClub cut shares of Boston Private Financial Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $15.00 target price on shares of Boston Private Financial Holdings in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $15.40.

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Boston Private Financial Holdings Profile

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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