Boston Private Financial Holdings Inc. (NASDAQ:BPFH) – Jefferies Group raised their FY2017 earnings per share (EPS) estimates for shares of Boston Private Financial Holdings in a research note issued on Tuesday. Jefferies Group analyst C. Haire now anticipates that the firm will post earnings of $0.84 per share for the year, up from their previous estimate of $0.81.

A number of other equities research analysts have also weighed in on the stock. Zacks Investment Research raised shares of Boston Private Financial Holdings from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a report on Thursday. Deutsche Bank AG raised their price target on shares of Boston Private Financial Holdings from $12.00 to $13.00 and gave the company a “hold” rating in a report on Tuesday. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $12.00 price target on shares of Boston Private Financial Holdings in a report on Wednesday, July 6th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Boston Private Financial Holdings presently has a consensus rating of “Hold” and an average target price of $14.63.

Earnings History and Estimates for Boston Private Financial Holdings (NASDAQ:BPFH)

Boston Private Financial Holdings (NASDAQ:BPFH) traded up 0.08% on Friday, reaching $12.86. 319,516 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $12.79 and its 200 day moving average price is $12.25. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 17.79 and a beta of 1.30. Boston Private Financial Holdings has a 1-year low of $9.34 and a 1-year high of $13.44.

Boston Private Financial Holdings (NASDAQ:BPFH) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $0.18 EPS for the quarter, meeting analysts’ consensus estimates 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.

In other Boston Private Financial Holdings news, CEO Corey Griffin purchased 5,000 shares of Boston Private Financial Holdings stock in a transaction dated Thursday, August 4th. The shares were bought at an average cost of $12.04 per share, for a total transaction of $60,200.00. Following the transaction, the chief executive officer now owns 45,468 shares in the company, valued at approximately $547,434.72. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Martha Higgins sold 7,500 shares of the firm’s stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $12.67, for a total transaction of $95,025.00. The disclosure for this sale can be found here. 3.10% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of Montreal Can acquired a new position in Boston Private Financial Holdings during the second quarter worth about $2,422,000. S&CO Inc. acquired a new position in Boston Private Financial Holdings during the second quarter worth about $139,000. CIBC World Markets Inc. acquired a new position in Boston Private Financial Holdings during the second quarter worth about $565,000. BNP Paribas Arbitrage SA increased its position in Boston Private Financial Holdings by 118.6% in the second quarter. BNP Paribas Arbitrage SA now owns 25,802 shares of the company’s stock worth $304,000 after buying an additional 13,997 shares during the last quarter. Finally, Orbitronix LP increased its position in Boston Private Financial Holdings by 14.9% in the first quarter. Orbitronix LP now owns 89,980 shares of the company’s stock worth $1,030,000 after buying an additional 11,638 shares during the last quarter. Institutional investors own 90.11% of the company’s stock.

Boston Private Financial Holdings Company Profile

5 Day Chart for NASDAQ:BPFH

Receive News & Stock Ratings for Boston Private Financial Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Private Financial Holdings Inc. and related stocks with our FREE daily email newsletter.