Thompson Siegel & Walmsley LLC cut its holdings in shares of Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) by 15.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,035,953 shares of the bank’s stock after selling 194,853 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 1.23% of Boston Private Financial Holdings worth $15,902,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. BlackRock Inc. raised its holdings in Boston Private Financial Holdings by 48,173.3% during the first quarter. BlackRock Inc. now owns 10,248,914 shares of the bank’s stock valued at $168,083,000 after acquiring an additional 10,227,683 shares during the period. Vanguard Group Inc. raised its holdings in Boston Private Financial Holdings by 6.3% during the first quarter. Vanguard Group Inc. now owns 7,591,429 shares of the bank’s stock valued at $124,500,000 after acquiring an additional 446,786 shares during the period. FMR LLC raised its holdings in Boston Private Financial Holdings by 23.2% during the first quarter. FMR LLC now owns 7,563,647 shares of the bank’s stock valued at $124,044,000 after acquiring an additional 1,422,619 shares during the period. Aberdeen Asset Management PLC UK raised its holdings in Boston Private Financial Holdings by 9.2% during the first quarter. Aberdeen Asset Management PLC UK now owns 3,418,710 shares of the bank’s stock valued at $56,067,000 after acquiring an additional 288,819 shares during the period. Finally, State Street Corp raised its holdings in Boston Private Financial Holdings by 12.1% during the first quarter. State Street Corp now owns 2,699,439 shares of the bank’s stock valued at $44,269,000 after acquiring an additional 291,949 shares during the period. 90.62% of the stock is currently owned by institutional investors and hedge funds.

Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) opened at 14.85 on Monday. Boston Private Financial Holdings, Inc. has a 12 month low of $12.41 and a 12 month high of $17.88. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 17.49 and a beta of 1.07. The stock’s 50 day moving average price is $14.97 and its 200-day moving average price is $15.66.

Boston Private Financial Holdings (NASDAQ:BPFH) last issued its quarterly earnings data on Wednesday, July 26th. The bank reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $94.37 million during the quarter, compared to the consensus estimate of $95.70 million. Boston Private Financial Holdings had a net margin of 18.86% and a return on equity of 10.16%. Equities analysts expect that Boston Private Financial Holdings, Inc. will post $0.90 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Shareholders of record on Wednesday, August 9th were given a $0.11 dividend. The ex-dividend date of this dividend was Monday, August 7th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.96%. Boston Private Financial Holdings’s dividend payout ratio (DPR) is currently 51.16%.

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A number of research firms have commented on BPFH. Jefferies Group LLC reissued a “hold” rating and set a $17.00 price target on shares of Boston Private Financial Holdings in a report on Friday, August 11th. BidaskClub cut Boston Private Financial Holdings from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. ValuEngine raised Boston Private Financial Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, June 28th. Finally, Zacks Investment Research raised Boston Private Financial Holdings from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Tuesday, July 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. Boston Private Financial Holdings has an average rating of “Hold” and a consensus target price of $15.60.

About Boston Private Financial Holdings

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.

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

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