BSB Bancorp, Inc. (NASDAQ:BLMT) insider Carroll M. Lowenstein, Jr. sold 15,943 shares of BSB Bancorp stock in a transaction on Thursday, July 27th. The stock was sold at an average price of $29.20, for a total transaction of $465,535.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
BSB Bancorp, Inc. (NASDAQ:BLMT) opened at 28.20 on Friday. BSB Bancorp, Inc. has a 12 month low of $22.51 and a 12 month high of $30.75. The company has a market capitalization of $246.86 million, a PE ratio of 18.18 and a beta of 0.39. The stock’s 50 day moving average is $28.99 and its 200-day moving average is $28.69.
BSB Bancorp (NASDAQ:BLMT) last posted its quarterly earnings results on Thursday, July 20th. The bank reported $0.43 EPS for the quarter. The business had revenue of $14.94 million during the quarter. BSB Bancorp had a net margin of 19.87% and a return on equity of 8.69%.
Separately, BidaskClub lowered shares of BSB Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, July 13th.
A number of large investors have recently bought and sold shares of BLMT. The Manufacturers Life Insurance Company boosted its stake in BSB Bancorp by 3.1% in the second quarter. The Manufacturers Life Insurance Company now owns 463,003 shares of the bank’s stock worth $13,543,000 after buying an additional 13,728 shares during the last quarter. State Street Corp boosted its stake in BSB Bancorp by 26.5% in the second quarter. State Street Corp now owns 175,622 shares of the bank’s stock worth $5,139,000 after buying an additional 36,833 shares during the last quarter. Banc Funds Co. LLC boosted its stake in BSB Bancorp by 10.4% in the second quarter. Banc Funds Co. LLC now owns 899,860 shares of the bank’s stock worth $26,321,000 after buying an additional 84,977 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in BSB Bancorp by 27.7% in the second quarter. Dimensional Fund Advisors LP now owns 58,953 shares of the bank’s stock worth $1,724,000 after buying an additional 12,773 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in BSB Bancorp by 7.2% in the second quarter. Parametric Portfolio Associates LLC now owns 8,715 shares of the bank’s stock worth $255,000 after buying an additional 586 shares during the last quarter. Institutional investors and hedge funds own 47.60% of the company’s stock.
BSB Bancorp Company Profile
BSB Bancorp, Inc (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.
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