Boston Private Financial Holdings Inc. (NASDAQ:BPFH) shares saw strong trading volume on Friday . 1,488,437 shares changed 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.

A number of equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, July 27th. BMO Capital Markets restated a “market perform” rating and set a $12.00 price objective on shares of Boston Private Financial Holdings in a research note on Wednesday, July 6th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Boston Private Financial Holdings currently has a consensus rating of “Hold” and a consensus target price of $14.17.

The stock has a market cap of $1.04 billion and a P/E ratio of 17.18. The stock’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 announced its earnings results on Wednesday, July 20th. The company reported $0.18 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.18. During the same quarter in the prior year, the company posted $0.20 EPS. Equities analysts predict that Boston Private Financial Holdings Inc. will post $0.79 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 19th. Shareholders of record on Friday, August 5th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 3.22%. The ex-dividend date was Wednesday, August 3rd.

In other Boston Private Financial Holdings news, EVP Martha Higgins sold 10,000 shares of Boston Private Financial Holdings stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $12.42, for a total value of $124,200.00. Following the completion of the sale, the executive vice president now directly owns 50,340 shares of the company’s stock, valued at $625,222.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Corey Griffin purchased 5,000 shares of the firm’s stock in a transaction on Thursday, August 4th. The stock was bought at an average cost of $12.04 per share, with a total value of $60,200.00. Following the completion of the purchase, the chief executive officer now owns 45,468 shares of the company’s stock, valued at approximately $547,434.72. The disclosure for this purchase can be found here.

A number of large investors recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in 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 valued at $51,821,000 after buying an additional 412,080 shares during the period. California Public Employees Retirement System increased its stake in 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 valued at $2,747,000 after buying an additional 2,900 shares during the period. Finally, Rhumbline Advisers increased its stake in Boston Private Financial Holdings by 2.7% in the fourth quarter. Rhumbline Advisers now owns 133,833 shares of the company’s stock valued at $1,518,000 after buying an additional 3,490 shares during the period.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.