Blue Hills Bancorp (BHBK) Getting Somewhat Favorable News Coverage, Analysis Shows

Media headlines about Blue Hills Bancorp (NASDAQ:BHBK) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Blue Hills Bancorp earned a news impact score of 0.20 on Accern’s scale. Accern also gave news stories about the bank an impact score of 47.8460472176055 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

BHBK stock traded down $0.05 during trading on Friday, hitting $20.50. The company had a trading volume of 29,555 shares, compared to its average volume of 56,782. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $554.73 million, a price-to-earnings ratio of 36.61 and a beta of 0.09. Blue Hills Bancorp has a fifty-two week low of $20.45 and a fifty-two week high of $20.70.

Blue Hills Bancorp (NASDAQ:BHBK) last announced its quarterly earnings results on Tuesday, April 24th. The bank reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.05. The business had revenue of $22.26 million for the quarter. Blue Hills Bancorp had a return on equity of 4.31% and a net margin of 15.12%. research analysts anticipate that Blue Hills Bancorp will post 0.92 earnings per share for the current year.

Several analysts have recently weighed in on BHBK shares. BidaskClub lowered Blue Hills Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. Piper Jaffray raised Blue Hills Bancorp from a “neutral” rating to an “overweight” rating in a report on Monday, February 5th.

In related news, Director Scott Smith sold 1,900 shares of the business’s stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $19.95, for a total value of $37,905.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Brian G. Leary sold 11,000 shares of the business’s stock in a transaction on Thursday, April 26th. The shares were sold at an average price of $20.90, for a total value of $229,900.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,500 shares of company stock worth $426,645. 3.70% of the stock is owned by insiders.

About Blue Hills Bancorp

Blue Hills Bancorp, Inc operates as the bank holding company for Blue Hills Bank that provides financial services to individuals, families, small to mid-size businesses, government, and non-profit organizations in Massachusetts. The company accepts passbook and statement savings, money market, commercial and regular checking, as well as certificates of deposit and IRAs.

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

Receive News & Ratings for Blue Hills Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Hills Bancorp and related companies with's FREE daily email newsletter.

Leave a Reply