Somewhat Positive News Coverage Somewhat Unlikely to Affect Blue Hills Bancorp (BHBK) Stock Price

Media headlines about Blue Hills Bancorp (NASDAQ:BHBK) have trended somewhat positive on Friday, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blue Hills Bancorp earned a news impact score of 0.18 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 47.1133550191991 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Blue Hills Bancorp (NASDAQ BHBK) remained flat at $$20.60 during mid-day trading on Friday. 35,600 shares of the company traded hands, compared to its average volume of 49,793. Blue Hills Bancorp has a 12 month low of $16.40 and a 12 month high of $22.05. The company has a market capitalization of $552.65, a P/E ratio of 30.29 and a beta of 0.18. 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 (NASDAQ:BHBK) last released its quarterly earnings data on Monday, January 29th. The bank reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $20.72 million for the quarter. Blue Hills Bancorp had a return on equity of 3.47% and a net margin of 16.19%. equities analysts expect that Blue Hills Bancorp will post 0.83 earnings per share for the current year.

BHBK has been the topic of several analyst reports. BidaskClub upgraded Blue Hills Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday. Piper Jaffray Companies reiterated a “hold” rating and issued a $22.50 price objective on shares of Blue Hills Bancorp in a research note on Tuesday, January 9th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $22.50 price objective on shares of Blue Hills Bancorp in a research note on Friday, December 22nd.

In other news, Director George E. Clancy sold 1,517 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $20.35, for a total value of $30,870.95. Following the transaction, the director now directly owns 18,795 shares of the company’s stock, valued at approximately $382,478.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.70% of the stock is owned by insiders.

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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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