BSB Bancorp, Inc. (NASDAQ:BLMT) Director Richard J. Fougere sold 500 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $31.55, for a total transaction of $15,775.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
BSB Bancorp, Inc. (BLMT) traded up $0.20 during mid-day trading on Friday, reaching $29.70. 54,557 shares of the company’s stock were exchanged, compared to its average volume of 7,911. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.32 and a quick ratio of 1.31. BSB Bancorp, Inc. has a fifty-two week low of $26.65 and a fifty-two week high of $32.15. The company has a market capitalization of $286.59, a PE ratio of 17.35 and a beta of 0.40.
BSB Bancorp (NASDAQ:BLMT) last posted its quarterly earnings data on Thursday, October 19th. The bank reported $0.50 earnings per share for the quarter. The business had revenue of $15.06 million for the quarter. BSB Bancorp had a net margin of 20.64% and a return on equity of 9.29%.
Separately, BidaskClub cut shares of BSB Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th.
Several hedge funds and other institutional investors have recently bought and sold shares of BLMT. Banc Funds Co. LLC grew its holdings in shares of 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 purchasing an additional 84,977 shares during the last quarter. State Street Corp grew its holdings in shares of 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 purchasing an additional 36,833 shares during the last quarter. First Trust Advisors LP bought a new position in shares of BSB Bancorp in the second quarter worth about $444,000. Vanguard Group Inc. grew its holdings in shares of BSB Bancorp by 4.9% in the second quarter. Vanguard Group Inc. now owns 315,282 shares of the bank’s stock worth $9,222,000 after purchasing an additional 14,614 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of 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 purchasing an additional 13,728 shares during the last quarter. Hedge funds and other institutional investors own 49.85% of the company’s stock.
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About BSB Bancorp
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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