Boston Private Financial Hldg Inc (BPFH) : Weiss Multi-strategy Advisers reduced its stake in Boston Private Financial Hldg Inc by 38.44% during the Q4 period. The investment management company now holds a total of 1,250,000 shares of Boston Private Financial Hldg Inc which is valued at $14.3 Million after selling 780,626 shares in Boston Private Financial Hldg Inc according to the most recent disclosure to the SEC.Boston Private Financial Hldg Inc makes up approximately 1.29% of Weiss Multi-strategy Advisers’s portfolio.
Other Hedge Funds, Including , Peak6 Investments sold out all of its stake in BPFH during the fourth quarter. The investment firm sold 38,022 shares of BPFH which is valued $434,591.Voya Investment Management reduced its stake in BPFH by selling 49,461 shares or 57.66% during the fourth quarter. The Hedge Fund company now holds 36,314 shares of BPFH which is valued at $415,069.Pinebridge Investments boosted its stake in BPFH during the Q4 period, The investment management firm added 562 additional shares and now holds a total of 11,228 shares of Boston Private Financial Hldg Inc which is valued at $128,336. Boston Private Financial Hldg Inc makes up approx 0.01% of Pinebridge Investments’s portfolio.Signia Capital Management boosted its stake in BPFH during the Q4 period, The investment management firm added 13,277 additional shares and now holds a total of 31,064 shares of Boston Private Financial Hldg Inc which is valued at $355,062. Boston Private Financial Hldg Inc makes up approx 1.24% of Signia Capital Management’s portfolio.
Many Wall Street Analysts have commented on Boston Private Financial Hldg Inc. Boston Private Financial Hldg Inc was Downgraded by Sun Trust Rbsn Humphrey to ” Neutral” on Feb 1, 2016. Shares were Reiterated by RBC Capital Mkts on Jan 29, 2016 to “Sector Perform” and Lowered the Price Target to $ 11 from a previous price target of $12 .
Boston Private Financial Hldg Inc closed down -0.13 points or -1.12% at $11.43 with 2,64,948 shares getting traded on Monday. Post opening the session at $11.53, the shares hit an intraday low of $11.41 and an intraday high of $11.58 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Boston Private Financial Holdings Inc. is the bank holding company of Boston Private Bank & Trust Company. It is a wealth management company that offers a range of wealth management services to high net worth individuals families businesses and select institutions. The Company conducts its business through its four segments: Private Banking Wealth Management and Trust Investment Management and Wealth Advisory. The Private Banking segment is engaged in providing private banking services to high net worth individuals privately owned businesses private partnerships and nonprofit organizations. The Wealth Management and Trust segment provides wealth management solutions for high net worth individuals and families. The Investment Managers specialize in equity portfolios with products across the capitalization spectrum. The Wealth Advisory segment provides planning-based financial strategies to high net worth individuals and their families and non-profit institutions.