State Board of Administration of Florida Retirement System Has $1,277,000 Stake in Boston Private Financial Hldg Inc (BPFH)

State Board of Administration of Florida Retirement System continued to hold its position in shares of Boston Private Financial Hldg Inc (NASDAQ:BPFH) during the fourth quarter, Holdings Channel reports. The institutional investor owned 77,186 shares of the company’s stock at the end of the fourth quarter. State Board of Administration of Florida Retirement System’s holdings in Boston Private Financial Hldg were worth $1,277,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in BPFH. AMG National Trust Bank increased its position in shares of Boston Private Financial Hldg by 2.3% in the third quarter. AMG National Trust Bank now owns 16,660 shares of the company’s stock worth $214,000 after buying an additional 382 shares in the last quarter. Municipal Employees Retirement System of Michigan increased its position in shares of Boston Private Financial Hldg by 0.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 18,540 shares of the company’s stock worth $238,000 after buying an additional 70 shares in the last quarter. Princeton Alpha Management LP acquired a new position in shares of Boston Private Financial Hldg during the third quarter worth about $258,000. ELCO Management Co. LLC acquired a new position in shares of Boston Private Financial Hldg during the third quarter worth about $270,000. Finally, Suntrust Banks Inc. increased its position in shares of Boston Private Financial Hldg by 0.9% in the third quarter. Suntrust Banks Inc. now owns 22,380 shares of the company’s stock worth $286,000 after buying an additional 201 shares in the last quarter. Institutional investors own 92.47% of the company’s stock.

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

Shares of Boston Private Financial Hldg Inc (NASDAQ:BPFH) opened at 16.70 on Tuesday. Boston Private Financial Hldg Inc has a 52-week low of $10.77 and a 52-week high of $17.88. The company has a market capitalization of $1.40 billion, a PE ratio of 20.69 and a beta of 1.07. The firm’s 50-day moving average price is $16.89 and its 200 day moving average price is $15.04.

Boston Private Financial Hldg (NASDAQ:BPFH) last released its quarterly earnings data on Wednesday, January 18th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.21 by $0.03. Boston Private Financial Hldg had a net margin of 18.24% and a return on equity of 10.05%. During the same quarter in the prior year, the firm posted $0.17 earnings per share. On average, equities analysts forecast that Boston Private Financial Hldg Inc will post $0.90 earnings per share for the current year.

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A number of research analysts recently issued reports on the company. Jefferies Group LLC downgraded Boston Private Financial Hldg from a “buy” rating to a “hold” rating and reduced their price target for the company from $15.00 to $14.00 in a report on Monday, November 28th. Zacks Investment Research downgraded Boston Private Financial Hldg from a “buy” rating to a “hold” rating in a report on Wednesday, February 22nd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Boston Private Financial Hldg has a consensus rating of “Hold” and a consensus target price of $17.00.

In related news, insider Joseph D. Regan sold 25,000 shares of the stock in a transaction dated Wednesday, January 25th. The shares were sold at an average price of $17.02, for a total value of $425,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.10% of the stock is currently owned by company insiders.

Boston Private Financial Hldg Company Profile

5 Day Chart for NASDAQ:BPFH

Want to see what other hedge funds are holding BPFH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Boston Private Financial Hldg Inc (NASDAQ:BPFH).

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