BSB Bancorp Inc (NASDAQ:BLMT) Director John W. Gahan III sold 600 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $29.14, for a total value of $17,484.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of BSB Bancorp Inc (NASDAQ BLMT) opened at $29.60 on Wednesday. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.31 and a current ratio of 1.32. The firm has a market capitalization of $286.86, a PE ratio of 16.06 and a beta of 0.41. BSB Bancorp Inc has a 52 week low of $26.65 and a 52 week high of $32.15.

Separately, BidaskClub upgraded BSB Bancorp from a “strong sell” rating to a “sell” rating in a research note on Tuesday, February 6th.

Several institutional investors have recently made changes to their positions in the company. Banc Funds Co. LLC grew its stake in shares of BSB Bancorp by 0.5% during the fourth quarter. Banc Funds Co. LLC now owns 941,460 shares of the bank’s stock valued at $27,538,000 after acquiring an additional 5,000 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of BSB Bancorp by 3.1% during the second quarter. The Manufacturers Life Insurance Company now owns 463,003 shares of the bank’s stock valued at $13,543,000 after acquiring an additional 13,728 shares in the last quarter. BlackRock Inc. grew its stake in shares of BSB Bancorp by 1.4% during the fourth quarter. BlackRock Inc. now owns 401,197 shares of the bank’s stock valued at $11,734,000 after acquiring an additional 5,573 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of BSB Bancorp by 4.9% during the second quarter. Vanguard Group Inc. now owns 315,282 shares of the bank’s stock valued at $9,222,000 after acquiring an additional 14,614 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of BSB Bancorp by 5.5% during the fourth quarter. Renaissance Technologies LLC now owns 275,660 shares of the bank’s stock valued at $8,063,000 after acquiring an additional 14,460 shares in the last quarter. Institutional investors own 50.00% of the company’s stock.

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About BSB Bancorp

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.

Insider Buying and Selling by Quarter for BSB Bancorp (NASDAQ:BLMT)

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