Blue Hills Bancorp Inc (NASDAQ:BHBK) Director David J. Jr. Houston sold 1,100 shares of Blue Hills Bancorp stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $20.39, for a total transaction of $22,429.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Blue Hills Bancorp Inc (NASDAQ BHBK) traded up $0.90 during midday trading on Friday, reaching $21.60. 180,967 shares of the company’s stock traded hands, compared to its average volume of 45,743. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.04 and a current ratio of 1.04. Blue Hills Bancorp Inc has a twelve month low of $16.40 and a twelve month high of $22.05. The firm has a market cap of $579.46, a PE ratio of 37.24 and a beta of 0.27.

Blue Hills Bancorp (NASDAQ:BHBK) last announced its quarterly earnings data on Wednesday, October 25th. The bank reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. Blue Hills Bancorp had a net margin of 19.33% and a return on equity of 3.50%. The business had revenue of $19.78 million during the quarter. sell-side analysts forecast that Blue Hills Bancorp Inc will post 0.56 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 13th. Shareholders of record on Wednesday, November 29th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.78%. The ex-dividend date was Tuesday, November 28th. Blue Hills Bancorp’s payout ratio is 75.00%.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its stake in Blue Hills Bancorp by 11.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 721,932 shares of the bank’s stock valued at $13,862,000 after acquiring an additional 74,035 shares during the period. Schwab Charles Investment Management Inc. lifted its stake in shares of Blue Hills Bancorp by 14.9% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 50,450 shares of the bank’s stock valued at $969,000 after purchasing an additional 6,550 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Blue Hills Bancorp by 52.1% in the 3rd quarter. Wells Fargo & Company MN now owns 28,491 shares of the bank’s stock valued at $547,000 after purchasing an additional 9,762 shares during the period. Citadel Advisors LLC lifted its stake in shares of Blue Hills Bancorp by 20.5% in the 3rd quarter. Citadel Advisors LLC now owns 40,831 shares of the bank’s stock valued at $784,000 after purchasing an additional 6,956 shares during the period. Finally, TD Asset Management Inc. lifted its stake in shares of Blue Hills Bancorp by 35.6% in the 3rd quarter. TD Asset Management Inc. now owns 28,171 shares of the bank’s stock valued at $541,000 after purchasing an additional 7,400 shares during the period. Institutional investors and hedge funds own 51.88% of the company’s stock.

BHBK has been the subject of several research reports. BidaskClub cut shares of Blue Hills Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Piper Jaffray Companies restated a “hold” rating and set a $21.00 price objective on shares of Blue Hills Bancorp in a research note on Wednesday, November 1st.

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Blue Hills Bancorp Company Profile

Blue Hills Bancorp, Inc is a bank holding company for the Blue Hills Bank (the Bank). Blue Hills Bank is a Massachusetts-chartered savings bank. As of December 31, 2016, the Bank provided financial services to individuals, families, small to mid-size businesses and government and non-profit organizations online and through its 11 full-service branch offices located in Brookline, Dedham, Hyde Park, Milton, Nantucket, Norwood, West Roxbury, and Westwood, Massachusetts.

Insider Buying and Selling by Quarter for Blue Hills Bancorp (NASDAQ:BHBK)

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