Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Syndicate
Boston Private Financial files $200M mixed securities shelf  06:17
05/18/20
05/18
06:17
05/18/20
06:17
BPFH

Boston Private Financial

$6.15 /

-0.03 (-0.49%)

 
ShowHide Related Items >><<
BPFH Boston Private Financial
$6.15 /

-0.03 (-0.49%)

BPFH Boston Private Financial
$6.15 /

-0.03 (-0.49%)

04/30/20 Keefe Bruyette
Boston Private downgraded to Market Perform from Outperform at Keefe Bruyette
04/07/20
Fly Intel: Top five analyst initiations
04/07/20 Wedbush
Wedbush initiates Boston Private Financial with a Neutral amid COVID-19 crisis
04/06/20 Wedbush
Boston Private Financial initiated with a Neutral at Wedbush
BPFH Boston Private Financial
$6.15 /

-0.03 (-0.49%)

Downgrade
Boston Private downgraded to Market Perform from Outperform at Keefe Bruyette » 16:45
04/30/20
04/30
16:45
04/30/20
16:45
BPFH

Boston Private Financial

$7.61 /

-0.85 (-10.05%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Christopher McGratty downgraded Boston Private Financial to Market Perform from Outperform with a price target of $9, down from $10. While the company's balance sheet risk is relatively low, discussion around its dividend sustainability "will grow louder" given the uncertain macro outlook and the bank's below-peer pre-provision operating profit earnings power, McGratty tells investors in a research note. The analyst sees the dividend discussion keeping Boston Private's valuation "in check."

ShowHide Related Items >><<
BPFH Boston Private Financial
$7.61 /

-0.85 (-10.05%)

04/07/20
Fly Intel: Top five analyst initiations
04/07/20 Wedbush
Wedbush initiates Boston Private Financial with a Neutral amid COVID-19 crisis
04/06/20 Wedbush
Boston Private Financial initiated with a Neutral at Wedbush
04/01/20 Keefe Bruyette
Boston Private Financial upgraded to Outperform from Market Perform at Keefe Bruyette
Earnings
Boston Private reports Q1 EPS 1c, consensus 17c » 16:17
04/29/20
04/29
16:17
04/29/20
16:17
BPFH

Boston Private Financial

$8.46 /

+0.39 (+4.83%)

Reports Q1 revenue…

Reports Q1 revenue $78.78M, consensus $55.6M. "I am extremely proud of the commitment and dedication shown by the Boston Private employees throughout the COVID-19 pandemic," said Anthony DeChellis, CEO of Boston Private. "Many of our employees have worked around the clock in difficult circumstances to deliver much needed capital and advice to our clients as we navigate this crisis together."

ShowHide Related Items >><<
BPFH Boston Private Financial
$8.46 /

+0.39 (+4.83%)

04/07/20
Fly Intel: Top five analyst initiations
04/07/20 Wedbush
Wedbush initiates Boston Private Financial with a Neutral amid COVID-19 crisis
04/06/20 Wedbush
Boston Private Financial initiated with a Neutral at Wedbush
04/01/20 Keefe Bruyette
Boston Private Financial upgraded to Outperform from Market Perform at Keefe Bruyette
Over a month ago
Initiation
Fly Intel: Top five analyst initiations » 10:03
04/07/20
04/07
10:03
04/07/20
10:03
RTX

Raytheon Technologies

$61.47 /

+4.025 (+7.01%)

, SAFE

Safehold

$51.50 /

+2.5 (+5.10%)

, BPFH

Boston Private Financial

$7.57 /

+0.34 (+4.70%)

, PCRX

Pacira

$33.26 /

+1.3 (+4.07%)

, ALTG

Alta Equipment Group

$4.25 /

+0.13 (+3.16%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Raytheon Technologies (RTX) initiated with a Market Perform at Bernstein. 2. Safehold (SAFE) initiated with a Hold at SunTrust. 3. Boston Private Financial (BPFH) initiated with a Neutral at Wedbush. 4. Pacira (PCRX) initiated with an Outperform at Northland. 5. Alta Equipment Group (ALTG) initiated with a Buy at Dougherty. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
RTX Raytheon Technologies
$61.47 /

+4.025 (+7.01%)

04/07/20 Melius Research
Raytheon Technologies initiated with an Overweight at Melius Research
04/07/20 Baird
Raytheon Technologies remains compelling for long-term investors, says Baird
04/07/20 Bernstein
Raytheon Technologies initiated with a Market Perform at Bernstein
04/05/20 RBC Capital
Raytheon Technologies reinstated with a Sector Perform at RBC Capital
SAFE Safehold
$51.50 /

+2.5 (+5.10%)

04/07/20 SunTrust
Safehold initiated with a Hold at SunTrust
04/07/20 SunTrust
Safehold initiated with a Hold at SunTrust
07/30/19
Fly Intel: Top five analyst downgrades
07/30/19 Barclays
Barclays double downgrades Safehold to Underweight 'entirely on valuation'
BPFH Boston Private Financial
$7.57 /

+0.34 (+4.70%)

04/07/20 Wedbush
Wedbush initiates Boston Private Financial with a Neutral amid COVID-19 crisis
04/06/20 Wedbush
Boston Private Financial initiated with a Neutral at Wedbush
04/01/20 Keefe Bruyette
Boston Private Financial upgraded to Outperform from Market Perform at Keefe Bruyette
PCRX Pacira
$33.26 /

+1.3 (+4.07%)

04/07/20 Northland
Pacira initiated with an Outperform at Northland
03/23/20 SunTrust
SunTrust lowers price targets among Pharmaceuticals due to COVID-19
03/23/20 RBC Capital
Pacira price target lowered to $56 from $65 at RBC Capital
03/23/20 Piper Sandler
Pacira price target lowered to $49 from $60 at Piper Sandler
ALTG Alta Equipment Group
$4.25 /

+0.13 (+3.16%)

04/07/20 Dougherty
Alta Equipment Group initiated with a Buy at Dougherty
03/17/20 B. Riley FBR
B. Riley FBR downgrades seven Industrials on broadening COVID-19 impact
02/19/20 B. Riley FBR
Alta Equipment Group initiated with a Buy at B. Riley FBR
Initiation
Wedbush initiates Boston Private Financial with a Neutral amid COVID-19 crisis » 07:56
04/07/20
04/07
07:56
04/07/20
07:56
BPFH

Boston Private Financial

$7.23 /

+0.35 (+5.09%)

As previously reported,…

As previously reported, Wedbush analyst Peter Winter initiated coverage of Boston Private Financial with a Neutral rating and $8.50 price target. The analyst notes that management is confronting a new challenge, COVID-19 pandemic, which could further delay its expansion plans as the economy has grinded to a standstill, making it more difficult to hire advisers and muted loan demand.

ShowHide Related Items >><<
BPFH Boston Private Financial
$7.23 /

+0.35 (+5.09%)

04/06/20 Wedbush
Boston Private Financial initiated with a Neutral at Wedbush
04/01/20 Keefe Bruyette
Boston Private Financial upgraded to Outperform from Market Perform at Keefe Bruyette
Initiation
Boston Private Financial initiated with a Neutral at Wedbush » 16:20
04/06/20
04/06
16:20
04/06/20
16:20
BPFH

Boston Private Financial

$7.23 /

+0.35 (+5.09%)

Wedbush analyst Peter…

Wedbush analyst Peter Winter initiated coverage of Boston Private Financial with a Neutral rating and $8.50 price target.

ShowHide Related Items >><<
BPFH Boston Private Financial
$7.23 /

+0.35 (+5.09%)

04/01/20 Keefe Bruyette
Boston Private Financial upgraded to Outperform from Market Perform at Keefe Bruyette
Upgrade
Boston Private Financial upgraded to Outperform from Market Perform at Keefe Bruyette » 11:51
04/01/20
04/01
11:51
04/01/20
11:51
BPFH

Boston Private Financial

$7.05 /

-0.09 (-1.26%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Christopher McGratty upgraded Boston Private Financial to Outperform from Market Perform with a $10 price target.

ShowHide Related Items >><<
Over a quarter ago
Earnings
Boston Private Financial reports Q4 EPS 25c, consensus 22c » 16:17
01/22/20
01/22
16:17
01/22/20
16:17
BPFH

Boston Private Financial

$12.34 /

+0.18 (+1.48%)

Reports Q4 revenue…

Reports Q4 revenue $82.9M, consensus $56.08M. Reports Q4 total AUM up 5% from last year at $16.58B. Reports Q4 net interest margin 2.7% vs. 2.94% last year.

ShowHide Related Items >><<
Hot Stocks
Boston Private Financial appoints Allison Baird as Chief Marketing Officer » 09:11
01/13/20
01/13
09:11
01/13/20
09:11
BPFH

Boston Private Financial

$12.12 /

-0.05 (-0.41%)

Boston Private announced…

Boston Private announced the appointment of Allison Baird as Chief Marketing Officer. In this role, Ms. Baird will be responsible for all aspects of marketing, advertising, branding, public relations and client development programs across the firm. Baird joined Boston Private in 2016 as Senior Vice President of Marketing and Client Development to lead strategic programs designed to drive awareness and affinity among Boston Private clients and prospects.

ShowHide Related Items >><<
Earnings
Boston Private Financial reports Q3 EPS 24c, consensus 22c » 16:18
10/24/19
10/24
16:18
10/24/19
16:18
BPFH

Boston Private Financial

$11.76 /

-0.26 (-2.16%)

Tangible book value per…

Tangible book value per share was $8.90 vs. $8.71 last quarter. Reports return on average common equity 9.8%. Total assets under management/advisory were $16.2B, a decrease of 8% year-over-year. Total net flows were negative $137M, of which negative $100M were attributable to the Wealth Management & Trust segment. The company said, ""Our team is making strong progress building a platform to support the growth initiatives we shared during our Investor Day. Our third quarter results reflect disciplined expense management in a challenging net interest income environment, as we position our businesses to be more cohesive and competitive. This quarter, we welcomed John Longley as the President of the Western Region and Pat Dwyer as the Head of Strategic Business Development to help drive growth across the company. We also completed the formal integration of Boston Private Wealth and KLS Professional Advisors, a key milestone towards simplifying the BPFH business model and scaling Boston Private's ability to compete at the highest levels of the financial services industry."

ShowHide Related Items >><<

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.