Teachers Advisors LLC Continues to Hold Position in BSB Bancorp, Inc. (BLMT)
Teachers Advisors LLC held its position in shares of BSB Bancorp, Inc. (NASDAQ:BLMT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,883 shares of the bank’s stock at the end of the 2nd quarter. Teachers Advisors LLC owned approximately 0.16% of BSB Bancorp worth $406,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in BSB Bancorp by 29.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 44,060 shares of the bank’s stock worth $1,289,000 after buying an additional 9,968 shares during the period. First Trust Advisors LP acquired a new stake in BSB Bancorp during the 2nd quarter worth approximately $444,000. Rhumbline Advisers acquired a new stake in BSB Bancorp during the 2nd quarter worth approximately $262,000. Finally, Schwab Charles Investment Management Inc. boosted its position in BSB Bancorp by 72.2% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 15,267 shares of the bank’s stock worth $447,000 after buying an additional 6,400 shares during the period. Institutional investors and hedge funds own 48.39% of the company’s stock.
Separately, BidaskClub downgraded shares of BSB Bancorp from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th.
Shares of BSB Bancorp, Inc. (BLMT) opened at $29.45 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 3.36. BSB Bancorp, Inc. has a 1 year low of $24.90 and a 1 year high of $31.50. The company has a market cap of $281.24, a P/E ratio of 17.03 and a beta of 0.40.
BSB Bancorp (NASDAQ:BLMT) last posted its earnings results on Thursday, October 19th. The bank reported $0.50 EPS for the quarter. BSB Bancorp had a net margin of 20.64% and a return on equity of 9.29%. The business had revenue of $15.06 million for the quarter.
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BSB Bancorp Profile
BSB Bancorp, Inc (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.
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