Headlines about Berkshire Hills Bancorp (NYSE:BHLB) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Berkshire Hills Bancorp earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news headlines about the savings and loans company an impact score of 45.5976663905876 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have impacted Accern’s rankings:

Shares of Berkshire Hills Bancorp (BHLB) opened at $38.30 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.89 and a current ratio of 0.91. Berkshire Hills Bancorp has a one year low of $32.85 and a one year high of $40.00. The stock has a market capitalization of $1,733.73, a price-to-earnings ratio of 20.59 and a beta of 0.69.

Berkshire Hills Bancorp (NYSE:BHLB) last released its quarterly earnings data on Thursday, October 19th. The savings and loans company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.01. Berkshire Hills Bancorp had a return on equity of 6.93% and a net margin of 15.54%. The company had revenue of $100.83 million for the quarter, compared to analyst estimates of $107.60 million. research analysts anticipate that Berkshire Hills Bancorp will post 2.28 earnings per share for the current year.

BHLB has been the topic of several research reports. Zacks Investment Research upgraded Berkshire Hills Bancorp from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research note on Monday, September 18th. BidaskClub upgraded Berkshire Hills Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. FIG Partners restated an “outperform” rating and issued a $41.00 target price on shares of Berkshire Hills Bancorp in a research note on Wednesday, September 20th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $41.00 target price on shares of Berkshire Hills Bancorp in a research note on Tuesday, October 3rd. Finally, Jefferies Group restated a “hold” rating and issued a $40.00 target price on shares of Berkshire Hills Bancorp in a research note on Wednesday, October 11th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Berkshire Hills Bancorp currently has a consensus rating of “Buy” and an average price target of $41.30.

In other Berkshire Hills Bancorp news, Director William J. Ryan bought 3,000 shares of the firm’s stock in a transaction on Friday, December 15th. The shares were acquired at an average cost of $37.87 per share, for a total transaction of $113,610.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director James Williar Dunlaevy sold 7,455 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $39.30, for a total value of $292,981.50. Following the completion of the transaction, the director now owns 67,747 shares in the company, valued at $2,662,457.10. The disclosure for this sale can be found here. Insiders own 2.82% of the company’s stock.

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Berkshire Hills Bancorp Company Profile

Berkshire Hills Bancorp, Inc (Berkshire) is a holding company for Berkshire Bank (the Bank) and Berkshire Insurance Group. Berkshire offers a range of deposit, lending, insurance and wealth management products to retail, commercial, not-for-profit and municipal customers in its market areas. Berkshire product offerings also include retail and commercial electronic banking, commercial cash management and commercial interest rate swaps.

Insider Buying and Selling by Quarter for Berkshire Hills Bancorp (NYSE:BHLB)

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