Blue Hills Bancorp, Inc. (NASDAQ:BHBK) is expected to pay $0.03 on Dec 14, 2016. The indicated annual dividend is $0.12. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Blue Hills Bancorp, Inc.’s current price of $18.00, the dividend is 0.17%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 18, 2016. The stock closed at $18 during the last session. It is down 26.76% since April 25, 2016 and is uptrending. It has outperformed by 20.75% the S&P500.
Blue Hills Bancorp, Inc. is a bank holding firm for the Blue Hills Bank (the Bank). The company has a market cap of $482.07 million. Blue Hills Bank is a Massachusetts-chartered savings bank. It has a 63.64 P/E ratio. The Bank provides financial services to individuals, families, small to mid-size businesses and government and non-profit organizations online and through its approximately 11 full-service branch offices located in Brookline, Dedham, Hyde Park, Milton, Nantucket, Norwood, West Roxbury, and Westwood, Massachusetts.
Insitutional Activity: The institutional sentiment decreased to 0.88 in Q2 2016. Its down 0.71, from 1.59 in 2016Q1. The ratio worsened, as 8 funds sold all Blue Hills Bancorp Inc shares owned while 21 reduced positions. 15 funds bought stakes while 31 increased positions. They now own 12.98 million shares or 0.23% more from 12.95 million shares in 2016Q1.
Menta Cap Ltd Co holds 0.02% or 10,735 shares in its portfolio. Teachers last reported 0% of its portfolio in the stock. The Illinois-based First Advisors L P has invested 0% in Blue Hills Bancorp Inc (NASDAQ:BHBK). Northern Corp accumulated 0% or 281,473 shares. Blackrock Advsr Limited Liability last reported 0% of its portfolio in the stock. Two Sigma Securities Ltd Company has invested 0.11% of its portfolio in Blue Hills Bancorp Inc (NASDAQ:BHBK). Morgan Stanley holds 0% or 34,150 shares in its portfolio. Prospector Ptnrs Ltd accumulated 136,100 shares or 0.34% of the stock. Fmr Limited Liability Corp, a Massachusetts-based fund reported 1.28 million shares. Moreover, Polaris Capital Mgmt Ltd Liability Corp has 0.08% invested in Blue Hills Bancorp Inc (NASDAQ:BHBK) for 60,000 shares. Seizert Cap Partners Limited Liability Corp last reported 0.14% of its portfolio in the stock. Invesco Limited, a Georgia-based fund reported 26,276 shares. Geode Mngmt Ltd Liability Corp, a Massachusetts-based fund reported 205,161 shares. Bancorporation Of Mellon Corporation has 120,133 shares for 0% of their US portfolio. Bnp Paribas Arbitrage last reported 955 shares in the company.
Insider Transactions: Since August 18, 2016, the stock had 0 insider buys, and 1 sale for $7,090 net activity. The insider Smith Scott sold 500 shares worth $7,090.
Blue Hills Bancorp Inc (NASDAQ:BHBK) Ratings Coverage
Out of 3 analysts covering Blue Hills Bancorp (NASDAQ:BHBK), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. $16 is the highest target while $15.50 is the lowest. The $15.50 average target is -13.89% below today’s ($18) stock price. Blue Hills Bancorp has been the topic of 5 analyst reports since February 4, 2016 according to StockzIntelligence Inc. Piper Jaffray initiated it with “Overweight” rating and $15.50 target price in Thursday, April 14 report. The rating was downgraded by PiperJaffray to “Neutral” on Thursday, November 10. On Thursday, November 10 the stock rating was downgraded by Piper Jaffray to “Neutral”. The company was maintained on Friday, July 29 by Keefe Bruyette & Woods.
More important recent Blue Hills Bancorp Inc (NASDAQ:BHBK) news were published by: Nasdaq.com which released: “Blue Hills Bancorp, Inc. (BHBK) Ex-Dividend Date Scheduled for November 28, 2016” on November 25, 2016, also Barrons.com published article titled: “Blue Hills Bancorp Inc.”, Globenewswire.com published: “Blue Hills Bancorp, Inc. Announces Cash Dividend Declared” on October 26, 2016. More interesting news about Blue Hills Bancorp Inc (NASDAQ:BHBK) was released by: Reuters.com and their article: “BRIEF-Blue Hills Bancorp, Inc. reports third quarter earnings” with publication date: October 23, 2014.
BHBK Company Profile
Blue Hills Bancorp, Inc. (Blue Hills Bancorp), incorporated on February 27, 2014, is a bank holding firm for the Blue Hills Bank (the Bank). Blue Hills Bank is a Massachusetts-chartered savings bank. The Bank provides financial services to individuals, families, small to mid-size businesses and government and non-profit organizations online and through its approximately 11 full-service branch offices located in Brookline, Dedham, Hyde Park, Milton, Nantucket, Norwood, West Roxbury, and Westwood, Massachusetts. It also operates loan production offices in Boston, Cambridge and Plymouth Massachusetts. The Company’s primary deposit-taking market includes Norfolk, Suffolk and Nantucket Counties in Massachusetts, and its lending market is primarily based in eastern Massachusetts.
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