Blue Hills Bancorp Inc (BHBK) was Reiterated by Compass Point to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 17.50 from a previous price target of $17 . Compass Point advised their investors in a research report released on Apr 27, 2016.
Many Wall Street Analysts have commented on Blue Hills Bancorp Inc. Blue Hills Bancorp Inc was Initiated by Piper Jaffray to “Overweight” on Apr 14, 2016.
Blue Hills Bancorp Inc opened for trading at $14 and hit $14.29 on the upside on Friday, eventually ending the session at $14.18, with a gain of 1.14% or 0.16 points. The heightened volatility saw the trading volume jump to 92,847 shares. Company has a market cap of $397 M.
In a different news, on Sep 3, 2015, Janice L Shields (director) purchased 1,000 shares at $13.84 per share price. According to the SEC, on Sep 2, 2015, Thomas R Sommerfield (Chief Risk Officer) sold 1,500 shares at $13.66 per share price.
Blue Hills Bancorp Inc. is a bank holding company of Blue Hills Bank (the Bank). The Company provides financial services to individuals families and small to mid-size businesses online and through its ten service branch offices located in Brookline Dedham Hyde Park Milton Nantucket Norwood and West Roxbury Massachusetts. Its business consists of accepting deposits from the general public and investing those deposits together with funds generated from operations and borrowing in one- to four- family residential mortgage loans commercial real estate loans commercial business loans and investment securities. It offers a range of deposit accounts including passbook and statement savings accounts certificates of deposit money market accounts commercial and regular checking accounts and IRAs. Its primary deposit-taking market includes Norfolk Suffolk and Nantucket Counties in Massachusetts and its primary lending market is based in eastern Massachusetts.