Blue Hills Bancorp (NASDAQ:BHBK) Sentiment Report

December 5, 2017 - By Hazel Jackson

 Blue Hills Bancorp (NASDAQ:BHBK) Sentiment Report

Sentiment for Blue Hills Bancorp (NASDAQ:BHBK)

Blue Hills Bancorp (NASDAQ:BHBK) institutional sentiment increased to 0.9 in Q2 2017. Its up 0.04, from 0.86 in 2017Q1. The ratio improved, as 27 investment professionals started new or increased equity positions, while 30 trimmed and sold positions in Blue Hills Bancorp. The investment professionals in our partner’s database now hold: 13.51 million shares, down from 13.55 million shares in 2017Q1. Also, the number of investment professionals holding Blue Hills Bancorp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 27 Increased: 17 New Position: 10.

Blue Hills Bancorp, Inc. operates as the bank holding firm 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 has market cap of $579.46 million. It accepts passbook and statement savings, money market, commercial and regular checking, as well as certificates of deposit and IRAs. It has a 30.77 P/E ratio. The firm also offers one- to four family residential mortgage, commercial real estate, commercial business, construction, and consumer loans, as well as home equity loans and lines of credit.

The stock increased 0.23% or $0.05 during the last trading session, reaching $21.6. About 6,343 shares traded. Blue Hills Bancorp, Inc. (NASDAQ:BHBK) has risen 22.12% since December 5, 2016 and is uptrending. It has outperformed by 5.42% the S&P500.

Analysts await Blue Hills Bancorp, Inc. (NASDAQ:BHBK) to report earnings on January, 24. They expect $0.16 EPS, down 5.88 % or $0.01 from last year’s $0.17 per share. BHBK’s profit will be $4.29 million for 33.75 P/E if the $0.16 EPS becomes a reality. After $0.16 actual EPS reported by Blue Hills Bancorp, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Seidman Lawrence B holds 3.02% of its portfolio in Blue Hills Bancorp, Inc. for 274,121 shares. Ejf Capital Llc owns 1.00 million shares or 1.51% of their US portfolio. Moreover, Ironwood Investment Management Llc has 0.91% invested in the company for 70,023 shares. The Massachusetts-based Grt Capital Partners L.L.C. has invested 0.41% in the stock. White Pine Capital Llc, a Minnesota-based fund reported 55,975 shares.#img1#

Blue Hills Bancorp, Inc. (NASDAQ:BHBK) Ratings Coverage

Ratings analysis reveals 0 of Blue Hills Bancorp’s analysts are positive. Out of 3 Wall Street analysts rating Blue Hills Bancorp, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $15.50 while the high is $21.0. The stock’s average target of $21 is -2.78% below today’s ($21.6) share price. BHBK was included in 9 notes of analysts from February 4, 2016. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Piper Jaffray initiated the stock with “Overweight” rating in Thursday, April 14 report. The company was maintained on Friday, July 29 by Keefe Bruyette & Woods. On Thursday, August 17 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. As per Thursday, November 9, the company rating was maintained by Keefe Bruyette & Woods. The stock of Blue Hills Bancorp, Inc. (NASDAQ:BHBK) earned “Neutral” rating by PiperJaffray on Thursday, November 10. Piper Jaffray downgraded Blue Hills Bancorp, Inc. (NASDAQ:BHBK) on Thursday, November 10 to “Neutral” rating. The firm earned “Hold” rating on Tuesday, October 31 by Piper Jaffray.

More news for Blue Hills Bancorp, Inc. (NASDAQ:BHBK) were recently published by: Streetinsider.com, which released: “Form 8-K Blue Hills Bancorp, Inc. For: May 16” on May 17, 2017. Globenewswire.com‘s article titled: “Blue Hills Bancorp, Inc. Declares Quarterly and Special Cash Dividend” and published on May 17, 2017 is yet another important article.

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