Robert Driscoll Sells 7,600 Shares of Blue Hills Bancorp (BHBK) Stock
Blue Hills Bancorp (NASDAQ:BHBK) EVP Robert Driscoll sold 7,600 shares of the company’s stock in a transaction dated Wednesday, April 25th. The stock was sold at an average price of $20.90, for a total value of $158,840.00. Following the completion of the transaction, the executive vice president now owns 82,101 shares of the company’s stock, valued at $1,715,910.90. The transaction was disclosed in a filing with the SEC, which is available at this link.
BHBK opened at $20.60 on Friday. Blue Hills Bancorp has a 12-month low of $17.35 and a 12-month high of $22.05. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.04 and a quick ratio of 1.03. The stock has a market capitalization of $558.72, a PE ratio of 29.71 and a beta of 0.08.
Blue Hills Bancorp (NASDAQ:BHBK) last posted its quarterly earnings data on Tuesday, April 24th. The bank reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. Blue Hills Bancorp had a return on equity of 4.30% and a net margin of 15.12%. The firm had revenue of $22.26 million during the quarter. equities research analysts expect that Blue Hills Bancorp will post 0.83 EPS for the current year.
BHBK has been the subject of a number of research reports. BidaskClub upgraded Blue Hills Bancorp from a “hold” rating to a “buy” rating in a report on Tuesday, February 13th. Piper Jaffray reiterated a “hold” rating and issued a $22.50 price objective on shares of Blue Hills Bancorp in a report on Tuesday, January 9th.
Blue Hills Bancorp Company Profile
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.
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