BSB Bancorp Inc (NASDAQ:BLMT) insider Carroll M. Lowenstein, Jr. sold 1,718 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $34.80, for a total transaction of $59,786.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

NASDAQ BLMT traded down $0.90 during trading hours on Tuesday, hitting $34.22. The company had a trading volume of 93,577 shares, compared to its average volume of 75,558. The company has a debt-to-equity ratio of 4.02, a current ratio of 1.40 and a quick ratio of 1.39. BSB Bancorp Inc has a 1-year low of $26.64 and a 1-year high of $36.50. The company has a market capitalization of $344.55 million, a PE ratio of 13.43 and a beta of 0.86.

BSB Bancorp (NASDAQ:BLMT) last released its quarterly earnings data on Thursday, February 7th. The bank reported $0.63 earnings per share (EPS) for the quarter. BSB Bancorp had a net margin of 22.18% and a return on equity of 12.68%. The company had revenue of $16.72 million during the quarter.

Institutional investors and hedge funds have recently made changes to their positions in the company. Doyle Wealth Management acquired a new stake in shares of BSB Bancorp during the fourth quarter worth about $28,000. Metropolitan Life Insurance Co. NY boosted its stake in shares of BSB Bancorp by 365.5% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 3,114 shares of the bank’s stock worth $87,000 after buying an additional 2,445 shares during the period. MetLife Investment Advisors LLC boosted its stake in shares of BSB Bancorp by 56.9% during the third quarter. MetLife Investment Advisors LLC now owns 6,740 shares of the bank’s stock worth $220,000 after buying an additional 2,445 shares during the period. SG Americas Securities LLC acquired a new stake in shares of BSB Bancorp during the fourth quarter worth about $215,000. Finally, Bank of America Corp DE boosted its stake in shares of BSB Bancorp by 39.2% during the fourth quarter. Bank of America Corp DE now owns 9,174 shares of the bank’s stock worth $258,000 after buying an additional 2,584 shares during the period. Institutional investors and hedge funds own 48.70% of the company’s stock.

Separately, BidaskClub upgraded shares of BSB Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, January 30th.

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About BSB Bancorp

BSB Bancorp, Inc operates as the holding company for Belmont Savings Bank that provides commercial and retail banking services to small businesses, municipalities, nonprofit organizations, and other customers in the United States. Its deposit products include relationship checking accounts for consumers and businesses, passbook and statement savings accounts, certificates of deposit, money market accounts, interest on lawyer trust accounts, and individual retirement accounts, as well as commercial, municipal, and regular checking accounts.

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Insider Buying and Selling by Quarter for BSB Bancorp (NASDAQ:BLMT)

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