BSB Bancorp Inc (NASDAQ:BLMT) CEO Robert M. Mahoney purchased 1,000 shares of BSB Bancorp stock in a transaction that occurred on Tuesday, February 20th. The shares were bought at an average price of $30.00 per share, with a total value of $30,000.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Robert M. Mahoney also recently made the following trade(s):
- On Friday, February 16th, Robert M. Mahoney acquired 2,174 shares of BSB Bancorp stock. The shares were acquired at an average cost of $29.75 per share, for a total transaction of $64,676.50.
- On Tuesday, February 20th, Robert M. Mahoney acquired 3,174 shares of BSB Bancorp stock. The shares were acquired at an average cost of $29.83 per share, for a total transaction of $94,680.42.
BSB Bancorp Inc (NASDAQ BLMT) traded up $0.75 during midday trading on Wednesday, reaching $30.85. 7,075 shares of the company’s stock traded hands, compared to its average volume of 11,008. The stock has a market capitalization of $290.26, a P/E ratio of 19.78 and a beta of 0.41. BSB Bancorp Inc has a 1-year low of $26.65 and a 1-year high of $32.15. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.31 and a current ratio of 1.32.
Separately, BidaskClub raised shares of BSB Bancorp from a “strong sell” rating to a “sell” rating in a report on Tuesday, February 6th.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Parametric Portfolio Associates LLC lifted its holdings in BSB Bancorp by 7.2% during the second quarter. Parametric Portfolio Associates LLC now owns 8,715 shares of the bank’s stock valued at $255,000 after purchasing an additional 586 shares during the last quarter. New York State Common Retirement Fund lifted its holdings in BSB Bancorp by 12.1% during the second quarter. New York State Common Retirement Fund now owns 8,300 shares of the bank’s stock valued at $243,000 after purchasing an additional 899 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in BSB Bancorp by 33.2% during the fourth quarter. Wells Fargo & Company MN now owns 12,698 shares of the bank’s stock valued at $371,000 after purchasing an additional 3,164 shares during the last quarter. SG Americas Securities LLC purchased a new stake in BSB Bancorp during the fourth quarter valued at about $106,000. Finally, First Trust Advisors LP lifted its holdings in BSB Bancorp by 25.8% during the third quarter. First Trust Advisors LP now owns 19,101 shares of the bank’s stock valued at $572,000 after purchasing an additional 3,917 shares during the last quarter. 50.52% of the stock is currently owned by institutional investors and hedge funds.
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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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