Bingham Osborn & Scarborough LLC boosted its position in shares of Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) by 0.0% during the second quarter, Holdings Channel reports. The institutional investor owned 10,050 shares of the bank’s stock after buying an additional 2 shares during the period. Bingham Osborn & Scarborough LLC’s holdings in Boston Private Financial Holdings were worth $154,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of BPFH. BlackRock Inc. boosted its stake in shares of Boston Private Financial Holdings by 48,173.3% in the first quarter. BlackRock Inc. now owns 10,248,914 shares of the bank’s stock worth $168,083,000 after buying an additional 10,227,683 shares in the last quarter. FMR LLC boosted its stake in shares of Boston Private Financial Holdings by 23.2% in the first quarter. FMR LLC now owns 7,563,647 shares of the bank’s stock worth $124,044,000 after buying an additional 1,422,619 shares in the last quarter. Norges Bank purchased a new stake in shares of Boston Private Financial Holdings during the fourth quarter worth $15,059,000. Vanguard Group Inc. boosted its stake in shares of Boston Private Financial Holdings by 6.3% in the first quarter. Vanguard Group Inc. now owns 7,591,429 shares of the bank’s stock worth $124,500,000 after buying an additional 446,786 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in shares of Boston Private Financial Holdings by 29.7% in the first quarter. William Blair Investment Management LLC now owns 1,395,254 shares of the bank’s stock worth $22,882,000 after buying an additional 319,910 shares in the last quarter. Institutional investors own 91.17% of the company’s stock.

Shares of Boston Private Financial Holdings, Inc. (NASDAQ BPFH) opened at 14.60 on Friday. The stock has a market cap of $1.23 billion, a PE ratio of 17.20 and a beta of 1.06. Boston Private Financial Holdings, Inc. has a 1-year low of $11.77 and a 1-year high of $17.88. The stock’s 50 day moving average price is $15.27 and its 200 day moving average price is $15.87.

Boston Private Financial Holdings (NASDAQ:BPFH) last announced its quarterly earnings results on Wednesday, July 26th. The bank reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. The business had revenue of $94.37 million for the quarter, compared to the consensus estimate of $95.70 million. Boston Private Financial Holdings had a return on equity of 10.16% and a net margin of 18.86%. On average, equities research analysts anticipate that Boston Private Financial Holdings, Inc. will post $0.90 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Investors of record on Wednesday, August 9th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Monday, August 7th. Boston Private Financial Holdings’s dividend payout ratio (DPR) is 51.16%.

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BPFH has been the subject of a number of research reports. BidaskClub upgraded Boston Private Financial Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, June 15th. Zacks Investment Research cut Boston Private Financial Holdings from a “buy” rating to a “hold” rating in a research note on Monday, May 1st. BMO Capital Markets reiterated a “hold” rating and issued a $16.00 price objective on shares of Boston Private Financial Holdings in a research note on Friday, April 28th. ValuEngine upgraded Boston Private Financial Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, June 28th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $17.00 price objective on shares of Boston Private Financial Holdings in a research note on Friday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. Boston Private Financial Holdings currently has an average rating of “Hold” and a consensus target price of $15.60.

Boston Private Financial Holdings Company Profile

Boston Private Financial Holdings, Inc is the bank holding company of Boston Private Bank & Trust Company. The Company offers private banking and wealth management services to high net worth individuals, families, businesses and select institutions. Its segments include Private Banking, Wealth Management and Trust, Investment Management and Wealth Advisory.

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Institutional Ownership by Quarter for Boston Private Financial Holdings (NASDAQ:BPFH)

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