Bank of N.T. Butterfield & Son Limited (The) Voting (NYSE:NTB) has been given an average rating of “Buy” by the six research firms that are presently covering the company. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $28.00.

Several equities analysts recently issued reports on NTB shares. Keefe, Bruyette & Woods started coverage on Bank of N.T. Butterfield & Son Limited (The) Voting in a research note on Tuesday, October 11th. They set an “outperform” rating and a $29.00 price objective on the stock. Goldman Sachs Group Inc. started coverage on Bank of N.T. Butterfield & Son Limited (The) Voting in a research note on Tuesday, October 11th. They set a “neutral” rating and a $27.00 price objective on the stock. Citigroup Inc. restated a “buy” rating on shares of Bank of N.T. Butterfield & Son Limited (The) Voting in a research note on Thursday, November 10th. Raymond James Financial Inc. started coverage on Bank of N.T. Butterfield & Son Limited (The) Voting in a research note on Tuesday, October 11th. They set an “outperform” rating and a $28.00 price objective on the stock. Finally, Sandler O’Neill started coverage on Bank of N.T. Butterfield & Son Limited (The) Voting in a research note on Tuesday, October 11th. They set a “buy” rating on the stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC purchased a new position in shares of Bank of N.T. Butterfield & Son Limited (The) Voting during the third quarter valued at $247,000. Raffles Associates LP purchased a new position in shares of Bank of N.T. Butterfield & Son Limited (The) Voting during the third quarter valued at $248,000. Blue Rock Advisors LLC purchased a new position in shares of Bank of N.T. Butterfield & Son Limited (The) Voting during the third quarter valued at $372,000. Thomson Horstmann & Bryant Inc. purchased a new position in shares of Bank of N.T. Butterfield & Son Limited (The) Voting during the third quarter valued at $498,000. Finally, Northern Trust Corp purchased a new position in shares of Bank of N.T. Butterfield & Son Limited (The) Voting during the third quarter valued at $545,000.

Shares of Bank of N.T. Butterfield & Son Limited (NYSE:NTB) traded up 2.31% during midday trading on Wednesday, hitting $29.67. 141,075 shares of the company’s stock traded hands. The stock has a market cap of $1.57 billion and a P/E ratio of 23.42. Bank of N.T. Butterfield & Son Limited has a 52 week low of $23.75 and a 52 week high of $29.75. The company has a 50 day moving average of $25.53 and a 200 day moving average of $25.39.

Bank of N.T. Butterfield & Son Limited (The) Voting (NYSE:NTB) last released its earnings results on Tuesday, October 25th. The company reported $0.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.10. On average, equities analysts forecast that Bank of N.T. Butterfield & Son Limited will post $0.03 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 28th. Stockholders of record on Monday, November 14th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Wednesday, November 9th.

Bank of N.T. Butterfield & Son Limited (The) Voting Company Profile

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