Berkshire Hills Bancorp, Inc. (NASDAQ:BHLB) – Analysts at Jefferies Group issued their Q1 2017 EPS estimates for shares of Berkshire Hills Bancorp in a research report issued on Tuesday. Jefferies Group analyst C. Haire forecasts that the brokerage will post earnings per share of $0.54 for the quarter. Jefferies Group has a “Hold” rating on the stock. Jefferies Group also issued estimates for Berkshire Hills Bancorp’s Q2 2017 earnings at $0.57 EPS, Q3 2017 earnings at $0.57 EPS and Q4 2017 earnings at $0.57 EPS.

BHLB has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Berkshire Hills Bancorp from a “hold” rating to a “buy” rating and set a $29.00 target price for the company in a report on Tuesday, July 5th. Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $33.00 target price on shares of Berkshire Hills Bancorp in a report on Wednesday, June 29th. Finally, Compass Point lowered shares of Berkshire Hills Bancorp from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $29.00 to $24.00 in a report on Tuesday, July 26th.

Earnings History and Estimates for Berkshire Hills Bancorp (NASDAQ:BHLB)

Shares of Berkshire Hills Bancorp (NASDAQ:BHLB) traded up 0.91% during trading on Thursday, hitting $27.80. The stock had a trading volume of 6,066 shares. Berkshire Hills Bancorp has a 52-week low of $24.71 and a 52-week high of $30.69. The firm has a market cap of $850.96 million and a PE ratio of 13.56. The stock has a 50 day moving average of $27.51 and a 200 day moving average of $27.12.

Berkshire Hills Bancorp (NASDAQ:BHLB) last announced its earnings results on Monday, July 25th. The company reported $0.54 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.54.

A number of hedge funds have recently modified their holdings of the company. American International Group Inc. raised its stake in shares of Berkshire Hills Bancorp by 0.5% in the second quarter. American International Group Inc. now owns 17,717 shares of the company’s stock valued at $477,000 after buying an additional 95 shares during the period. Foundry Partners LLC raised its stake in shares of Berkshire Hills Bancorp by 0.3% in the third quarter. Foundry Partners LLC now owns 115,594 shares of the company’s stock valued at $3,203,000 after buying an additional 289 shares during the period. Metropolitan Life Insurance Co. NY raised its stake in shares of Berkshire Hills Bancorp by 2.3% in the second quarter. Metropolitan Life Insurance Co. NY now owns 22,311 shares of the company’s stock valued at $601,000 after buying an additional 510 shares during the period. I.G. Investment Management LTD. raised its stake in shares of Berkshire Hills Bancorp by 1.9% in the second quarter. I.G. Investment Management LTD. now owns 36,614 shares of the company’s stock valued at $986,000 after buying an additional 669 shares during the period. Finally, Alliancebernstein L.P. raised its stake in shares of Berkshire Hills Bancorp by 1.8% in the second quarter. Alliancebernstein L.P. now owns 44,445 shares of the company’s stock valued at $1,196,000 after buying an additional 800 shares during the period.

About Berkshire Hills Bancorp

Berkshire Hills Bancorp, Inc (Berkshire) is the holding company for Berkshire Bank (the Bank) and Berkshire Insurance Group. Berkshire offers a range of deposit, lending, insurance and wealth management products to retail, commercial, not-for-profit and municipal customers in its market areas. Its product offerings also include retail and commercial electronic banking, commercial cash management and commercial interest rate swaps.

5 Day Chart for NASDAQ:BHLB

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