BSB Bancorp Inc (NASDAQ:BLMT) CEO Robert M. Mahoney acquired 1,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The stock was acquired at an average price of $30.00 per share, with a total value of $30,000.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Robert M. Mahoney also recently made the following trade(s):
- On Friday, February 16th, Robert M. Mahoney acquired 2,174 shares of BSB Bancorp stock. The stock was acquired at an average price of $29.75 per share, with a total value of $64,676.50.
- On Tuesday, February 20th, Robert M. Mahoney acquired 3,174 shares of BSB Bancorp stock. The stock was acquired at an average price of $29.83 per share, with a total value of $94,680.42.
Shares of BSB Bancorp Inc (NASDAQ BLMT) traded up $0.75 during trading on Thursday, reaching $30.85. 7,000 shares of the company’s stock traded hands, compared to its average volume of 10,780. BSB Bancorp Inc has a twelve month low of $26.65 and a twelve month high of $32.15. The company has a quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 3.36. The firm has a market cap of $292.20, a PE ratio of 19.78 and a beta of 0.41.
A number of institutional investors have recently modified their holdings of the business. Banc Funds Co. LLC increased its holdings in BSB Bancorp by 0.5% in the 4th quarter. Banc Funds Co. LLC now owns 941,460 shares of the bank’s stock valued at $27,538,000 after buying an additional 5,000 shares during the period. BlackRock Inc. increased its holdings in BSB Bancorp by 1.4% in the 4th quarter. BlackRock Inc. now owns 401,197 shares of the bank’s stock valued at $11,734,000 after buying an additional 5,573 shares during the period. Vanguard Group Inc. increased its holdings in BSB Bancorp by 4.9% in the 2nd quarter. Vanguard Group Inc. now owns 315,282 shares of the bank’s stock valued at $9,222,000 after buying an additional 14,614 shares during the period. Renaissance Technologies LLC increased its holdings in BSB Bancorp by 5.5% in the 4th quarter. Renaissance Technologies LLC now owns 275,660 shares of the bank’s stock valued at $8,063,000 after buying an additional 14,460 shares during the period. Finally, State Street Corp increased its holdings in BSB Bancorp by 26.5% in the 2nd quarter. State Street Corp now owns 175,622 shares of the bank’s stock valued at $5,139,000 after buying an additional 36,833 shares during the period. Institutional investors and hedge funds own 50.52% of the company’s stock.
Separately, BidaskClub upgraded shares of BSB Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday.
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BSB Bancorp Company 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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