Boston Private Financial Holdings Inc. (NASDAQ:BPFH) shares saw strong trading volume on Thursday . 644,864 shares traded hands during trading, an increase of 81% from the previous session’s volume of 357,087 shares.The stock last traded at $12.33 and had previously closed at $12.46.

Several equities research analysts have commented on the company. Zacks Investment Research lowered 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 target 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 issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $14.17.

The stock’s 50 day moving average price is $12.25 and its 200-day moving average price is $11.75. The company has a market capitalization of $1.03 billion and a price-to-earnings ratio of 17.05.

Boston Private Financial Holdings (NASDAQ:BPFH) last issued its earnings results on Wednesday, July 20th. The company reported $0.18 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. During the same period last year, the firm posted $0.20 earnings per share. Equities research analysts expect that Boston Private Financial Holdings Inc. will post $0.79 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 19th. Stockholders of record on Friday, August 5th were given a $0.10 dividend. The ex-dividend date was Wednesday, August 3rd. This represents a $0.40 annualized dividend and a dividend yield of 3.24%.

In other news, CFO David J. Kaye sold 7,500 shares of the firm’s stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $12.17, for a total value of $91,275.00. Following the completion of the sale, the chief financial officer now owns 137,485 shares of the company’s stock, valued at $1,673,192.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Corey Griffin bought 5,000 shares of the firm’s stock in a transaction dated Thursday, August 4th. The stock was acquired at an average cost of $12.04 per share, with a total value of $60,200.00. Following the transaction, the chief executive officer now owns 45,468 shares of the company’s stock, valued at $547,434.72. The disclosure for this purchase can be found here.

A hedge fund recently raised its stake in Boston Private Financial Holdings stock. California Public Employees Retirement System raised its stake in Boston Private Financial Holdings Inc. (NASDAQ:BPFH) by 1.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 242,200 shares of the company’s stock after buying an additional 2,900 shares during the period. California Public Employees Retirement System owned 0.29% of Boston Private Financial Holdings worth $2,747,000 as of its most recent SEC filing.

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