Boston Private Financial Holdings Inc. (NASDAQ:BPFH) had its price objective hoisted by Deutsche Bank AG from $12.00 to $13.00 in a report released on Tuesday morning. The firm currently has a hold rating on the stock.

A number of other brokerages also recently weighed in on BPFH. Zacks Investment Research downgraded shares of Boston Private Financial Holdings from a hold rating to a sell rating in a research note on Monday, September 26th. BMO Capital Markets reaffirmed a market perform rating and issued a $12.00 target price on shares of Boston Private Financial Holdings in a research note on Wednesday, July 6th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of $14.50.

Analyst Recommendations for Boston Private Financial Holdings (NASDAQ:BPFH)

Shares of Boston Private Financial Holdings (NASDAQ:BPFH) traded up 0.23% during mid-day trading on Tuesday, reaching $13.25. 102,908 shares of the company were exchanged. The firm’s 50-day moving average is $12.76 and its 200-day moving average is $12.24. Boston Private Financial Holdings has a 12 month low of $9.34 and a 12 month high of $13.44. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 18.33 and a beta of 1.30.

Boston Private Financial Holdings (NASDAQ:BPFH) last released its quarterly earnings results on Wednesday, July 20th. The company reported $0.18 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.18. Boston Private Financial Holdings had a net margin of 16.53% and a return on equity of 8.33%. During the same period last year, the firm earned $0.20 EPS. On average, equities analysts forecast that Boston Private Financial Holdings will post $0.79 earnings per share for the current fiscal year.

In related news, CFO David J. Kaye sold 7,500 shares of the stock in a transaction on Thursday, July 28th. The shares were sold at an average price of $12.17, for a total transaction of $91,275.00. Following the completion of the transaction, the chief financial officer now owns 137,485 shares in the company, valued at $1,673,192.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Corey Griffin bought 5,000 shares of Boston Private Financial Holdings stock in a transaction that occurred on Thursday, August 4th. The shares were acquired at an average price of $12.04 per share, with a total value of $60,200.00. Following the acquisition, the chief executive officer now directly owns 45,468 shares of the company’s stock, valued at approximately $547,434.72. The disclosure for this purchase can be found here. Corporate insiders own 3.10% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Arizona State Retirement System boosted its position in shares of Boston Private Financial Holdings by 0.9% in the second quarter. Arizona State Retirement System now owns 43,111 shares of the company’s stock valued at $508,000 after buying an additional 400 shares during the last quarter. BlackRock Advisors LLC boosted its position in shares of Boston Private Financial Holdings by 2.1% in the second quarter. BlackRock Advisors LLC now owns 39,711 shares of the company’s stock valued at $468,000 after buying an additional 832 shares during the last quarter. Profund Advisors LLC boosted its position in shares of Boston Private Financial Holdings by 3.3% in the second quarter. Profund Advisors LLC now owns 26,650 shares of the company’s stock valued at $314,000 after buying an additional 860 shares during the last quarter. BlackRock Group LTD boosted its position in shares of Boston Private Financial Holdings by 0.9% in the second quarter. BlackRock Group LTD now owns 131,407 shares of the company’s stock valued at $1,548,000 after buying an additional 1,151 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its position in shares of Boston Private Financial Holdings by 1.3% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 90,936 shares of the company’s stock valued at $1,041,000 after buying an additional 1,200 shares during the last quarter. Institutional investors and hedge funds own 90.11% of the company’s stock.

Boston Private Financial Holdings Company Profile

5 Day Chart for NASDAQ:BPFH

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