Mason Street Advisors LLC increased its position in Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) by 8.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,611 shares of the bank’s stock after buying an additional 1,446 shares during the period. Mason Street Advisors LLC’s holdings in Boston Private Financial Holdings were worth $322,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. State of Alaska Department of Revenue increased its stake in shares of Boston Private Financial Holdings by 1.5% in the first quarter. State of Alaska Department of Revenue now owns 15,810 shares of the bank’s stock worth $258,000 after buying an additional 230 shares in the last quarter. Meadow Creek Investment Management LLC increased its stake in shares of Boston Private Financial Holdings by 8.4% in the first quarter. Meadow Creek Investment Management LLC now owns 6,496 shares of the bank’s stock worth $107,000 after buying an additional 504 shares in the last quarter. Glen Harbor Capital Management LLC increased its stake in shares of Boston Private Financial Holdings by 8.4% in the first quarter. Glen Harbor Capital Management LLC now owns 7,888 shares of the bank’s stock worth $129,000 after buying an additional 612 shares in the last quarter. Louisiana State Employees Retirement System increased its stake in shares of Boston Private Financial Holdings by 2.4% in the first quarter. Louisiana State Employees Retirement System now owns 34,200 shares of the bank’s stock worth $561,000 after buying an additional 800 shares in the last quarter. Finally, Teachers Advisors LLC increased its stake in shares of Boston Private Financial Holdings by 0.7% in the fourth quarter. Teachers Advisors LLC now owns 143,261 shares of the bank’s stock worth $2,371,000 after buying an additional 1,041 shares in the last quarter. 91.35% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Boston Private Financial Holdings (NASDAQ:BPFH)

Shares of Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) opened at 14.95 on Thursday. Boston Private Financial Holdings, Inc. has a 1-year low of $10.77 and a 1-year high of $17.88. The company has a market capitalization of $1.26 billion, a PE ratio of 19.65 and a beta of 1.03. The firm’s 50-day moving average price is $15.21 and its 200 day moving average price is $16.13.

Boston Private Financial Holdings (NASDAQ:BPFH) last announced its earnings results on Wednesday, April 26th. The bank reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.07. Boston Private Financial Holdings had a return on equity of 9.43% and a net margin of 17.49%. The company had revenue of $90.15 million during the quarter, compared to analysts’ expectations of $93.40 million. Equities analysts predict that Boston Private Financial Holdings, Inc. will post $0.88 EPS for the current fiscal year.

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A number of equities research analysts recently issued reports on the company. Zacks Investment Research raised Boston Private Financial Holdings from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Friday, April 7th. BidaskClub raised Boston Private Financial Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, June 15th. Keefe, Bruyette & Woods set a $15.00 price target on Boston Private Financial Holdings and gave the stock a “hold” rating in a research report on Monday, April 10th. BMO Capital Markets reissued a “hold” rating and set a $18.00 price target on shares of Boston Private Financial Holdings in a research report on Wednesday, March 22nd. Finally, Jefferies Group LLC reissued a “hold” rating and set a $17.00 price target on shares of Boston Private Financial Holdings in a research report on Tuesday, April 4th. Six investment analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average price target of $15.80.

In related news, Director Stephen M. Waters sold 9,000 shares of the company’s stock in a transaction on Tuesday, May 2nd. The shares were sold at an average price of $15.46, for a total value of $139,140.00. Following the completion of the transaction, the director now directly owns 39,093 shares in the company, valued at $604,377.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.07% of the stock is currently owned by insiders.

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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