Boston Private Financial Holdings Inc. (NASDAQ:BPFH) shares saw unusually-high trading volume on Friday . Approximately 1,488,437 shares traded hands during trading, an increase of 239% from the previous session’s volume of 439,196 shares.The stock last traded at $12.42 and had previously closed at $12.47.

BPFH has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Boston Private Financial Holdings from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research report on Monday, June 13th. BMO Capital Markets reissued a “market perform” rating and set a $12.00 price target on shares of Boston Private Financial Holdings in a report on Wednesday, July 6th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.17.

The firm has a market cap of $1.04 billion and a P/E ratio of 17.18. The firm’s 50 day moving average price is $12.16 and its 200 day moving average price is $11.68.

Boston Private Financial Holdings (NASDAQ:BPFH) last posted its quarterly earnings data on Wednesday, July 20th. The company reported $0.18 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.18. During the same quarter in the previous year, the firm earned $0.20 earnings per share. On average, equities research analysts forecast that Boston Private Financial Holdings Inc. will post $0.79 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 19th. Shareholders of record on Friday, August 5th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 3rd. This represents a $0.40 dividend on an annualized basis and a yield of 3.22%.

In other Boston Private Financial Holdings news, CFO David J. Kaye sold 7,500 shares of the company’s stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $12.17, for a total value of $91,275.00. Following the completion of the transaction, the chief financial officer now directly owns 137,485 shares of the company’s stock, valued at approximately $1,673,192.45. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Martha Higgins sold 10,000 shares of the company’s stock in a transaction dated Tuesday, May 24th. The shares were sold at an average price of $12.42, for a total transaction of $124,200.00. Following the completion of the transaction, the executive vice president now directly owns 50,340 shares of the company’s stock, valued at $625,222.80. The disclosure for this sale can be found here.

Several large investors recently modified their holdings of the stock. Rhumbline Advisers raised its stake in shares of Boston Private Financial Holdings by 2.7% in the fourth quarter. Rhumbline Advisers now owns 133,833 shares of the company’s stock worth $1,518,000 after buying an additional 3,490 shares during the period. First Trust Advisors LP raised its stake in shares of Boston Private Financial Holdings by 47.5% in the fourth quarter. First Trust Advisors LP now owns 150,707 shares of the company’s stock worth $1,709,000 after buying an additional 48,520 shares during the period. California Public Employees Retirement System raised its stake in shares of Boston Private Financial Holdings by 1.2% in the fourth quarter. California Public Employees Retirement System now owns 242,200 shares of the company’s stock worth $2,747,000 after buying an additional 2,900 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Boston Private Financial Holdings by 9.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,569,725 shares of the company’s stock worth $51,821,000 after buying an additional 412,080 shares during the period.

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