Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Boston Private Financial Holdings (BPFH) Stock Price
Media headlines about Boston Private Financial Holdings (NASDAQ:BPFH) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog 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 coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 45.9984687022813 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Boston Private Financial Hldg : Maria Pineda Appointed Residential Loan Officer for Boston Private (4-traders.com)
- Boston Private Appoints Jeffrey Dickinson Team Leader for Specialty Lending (finance.yahoo.com)
- Boston Private Financial Holdings, Inc. (BPFH) Expected to Announce Quarterly Sales of $97.83 Million (americanbankingnews.com)
- Boston Private Financial Holdings, Inc. breached its 50 day moving average in a Bullish Manner : BPFH-US : September 18, 2017 (finance.yahoo.com)
A number of equities analysts have recently issued reports on the stock. ValuEngine upgraded shares of Boston Private Financial Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, June 28th. Zacks Investment Research upgraded shares of Boston Private Financial Holdings from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research note on Tuesday, July 4th. BidaskClub downgraded shares of Boston Private Financial Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $17.00 price objective on shares of Boston Private Financial Holdings in a research note on Friday, August 11th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the company. The company presently has an average rating of “Hold” and an average target price of $15.60.
Boston Private Financial Holdings (NASDAQ BPFH) traded up 0.32% during midday trading on Friday, reaching $15.60. 238,766 shares of the company were exchanged. The firm has a 50-day moving average price of $14.80 and a 200-day moving average price of $15.44. Boston Private Financial Holdings has a 52 week low of $12.42 and a 52 week high of $17.88. The company has a market capitalization of $1.31 billion, a PE ratio of 18.37 and a beta of 1.07.
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, beating analysts’ consensus estimates of $0.22 by $0.05. Boston Private Financial Holdings had a net margin of 18.86% and a return on equity of 10.16%. The firm had revenue of $94.37 million during the quarter, compared to analysts’ expectations of $95.70 million. Equities research analysts anticipate that Boston Private Financial Holdings will post $0.90 earnings per share for the current fiscal year.
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Boston Private Financial Holdings Company 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.
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