Blue Hills Bancorp Inc (BHBK) CFO Jim Kivlehan Sells 31,785 Shares

Blue Hills Bancorp Inc (NASDAQ:BHBK) CFO Jim Kivlehan sold 31,785 shares of the company’s stock in a transaction on Thursday, February 7th. The shares were sold at an average price of $24.00, for a total transaction of $762,840.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Jim Kivlehan also recently made the following trade(s):

  • On Monday, February 4th, Jim Kivlehan sold 9,705 shares of Blue Hills Bancorp stock. The shares were sold at an average price of $24.02, for a total transaction of $233,114.10.

Shares of NASDAQ BHBK opened at $23.75 on Monday. Blue Hills Bancorp Inc has a 1-year low of $19.50 and a 1-year high of $25.80. The stock has a market cap of $637.90 million, a PE ratio of 23.06 and a beta of 0.41. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.20.



Blue Hills Bancorp (NASDAQ:BHBK) last announced its quarterly earnings data on Wednesday, January 23rd. The bank reported $0.28 earnings per share for the quarter, meeting the consensus estimate of $0.28. Blue Hills Bancorp had a net margin of 20.98% and a return on equity of 6.50%. The firm had revenue of $22.20 million for the quarter, compared to analyst estimates of $19.80 million. Equities analysts anticipate that Blue Hills Bancorp Inc will post 1.16 EPS for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in BHBK. Legal & General Group Plc raised its holdings in shares of Blue Hills Bancorp by 15.9% during the third quarter. Legal & General Group Plc now owns 3,983 shares of the bank’s stock valued at $96,000 after purchasing an additional 545 shares during the period. MetLife Investment Advisors LLC raised its holdings in shares of Blue Hills Bancorp by 52.7% during the third quarter. MetLife Investment Advisors LLC now owns 19,950 shares of the bank’s stock valued at $481,000 after purchasing an additional 6,887 shares during the period. Rhumbline Advisers raised its holdings in shares of Blue Hills Bancorp by 42.0% during the fourth quarter. Rhumbline Advisers now owns 34,167 shares of the bank’s stock valued at $729,000 after purchasing an additional 10,114 shares during the period. GSA Capital Partners LLP raised its holdings in shares of Blue Hills Bancorp by 15.6% during the third quarter. GSA Capital Partners LLP now owns 33,113 shares of the bank’s stock valued at $798,000 after purchasing an additional 4,459 shares during the period. Finally, Citadel Advisors LLC raised its holdings in shares of Blue Hills Bancorp by 163.8% in the 3rd quarter. Citadel Advisors LLC now owns 36,575 shares of the bank’s stock worth $881,000 after acquiring an additional 22,710 shares during the last quarter. Hedge funds and other institutional investors own 53.88% of the company’s stock.

A number of analysts have commented on BHBK shares. BidaskClub cut shares of Blue Hills Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, October 24th. Compass Point cut shares of Blue Hills Bancorp from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 8th. Keefe, Bruyette & Woods raised shares of Blue Hills Bancorp from a “market perform” rating to an “outperform” rating and upped their price target for the company from $23.50 to $27.18 in a research report on Friday, November 2nd. Zacks Investment Research lowered shares of Blue Hills Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. Finally, ValuEngine lowered shares of Blue Hills Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, November 1st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $26.59.

ILLEGAL ACTIVITY WARNING: This news story was first reported by Dakota Financial News and is the sole property of of Dakota Financial News. If you are accessing this news story on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be accessed at https://dakotafinancialnews.com/2019/02/11/blue-hills-bancorp-inc-bhbk-cfo-jim-kivlehan-sells-31785-shares.html.

About Blue Hills Bancorp

Blue Hills Bancorp, Inc operates as the bank holding company for Blue Hills Bank that provides financial services to individuals, families, small to mid-size businesses, government, and non-profit organizations in Massachusetts. The company accepts passbook and statement savings, money market, commercial and regular checking, as well as certificates of deposit and IRAs.

Featured Story: Outstanding Shares

Receive News & Ratings for Blue Hills Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Hills Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply