Berkshire Hills Bancorp, Inc. (BHLB) Analysts See $0.70 EPS on July, 18

June 27, 2018 - By Noel Courtney

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Corporate Logo
During Q1 2018 the big money sentiment increased to 1.28. That’s change of 0.04, from 2017Q4’s 1.24. 16 investors sold all, 48 reduced holdings as Berkshire Hills Bancorp, Inc. ratio improved. 68 increased holdings while 14 funds took holdings. Funds hold 31.35 million shares thus 2.33% more from 2017Q4’s 30.63 million shares.
Credit Suisse Ag invested 0% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Federated Invsts Pa invested in 0.01% or 94,611 shs. Aristotle Cap Boston Limited stated it has 618,014 shs or 1.1% of all its holdings. 27,357 were accumulated by Boston Private Wealth Ltd Liability Co. Los Angeles Capital And Equity Research Inc reported 0.01% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Sei invested 0% of its capital in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Price T Rowe Associate Md owns 24,681 shs. Kistler owns 316 shs for 0% of their capital. Raymond James & reported 22,153 shs stake. Great West Life Assurance Can holds 0% of its capital in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) for 4,664 shs. Btim owns 45,456 shs. Stifel Corp has 109,125 shs. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 2,593 shs in its capital. Schwerin Boyle Management Inc, a Massachusetts-based fund reported 122,400 shs. Advisory Ltd Company invested in 375 shs.

Berkshire Hills Bancorp, Inc. had 1 sale and 4 insider purchases since February 5, 2018. This’s net activity of $361,037. On Monday, February 5 Shares for $331,711 were bought by Sheehan Patrick J. On Tuesday, February 13 Murphy Richard L. bought $36,999 worth of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) or 1,000 shs. On Friday, April 27 Shares for $19,125 were bought by Bossidy Paul T.

On July, 18 Berkshire Hills Bancorp, Inc. (NYSE:BHLB)’s earnings release is expected by WallStreet, as reported by Faxor. This year’s earnings per share analyst estimate is expected to be $0.70. That is 20.69 % up compareed to $0.58 earnings per share for last year. If earnings per share of $0.70 is reported the profit of BHLB could be $31.75 million giving it 15.00 P/E. After $0.65 earnings per share was reported last quarter, analysts now see EPS growth of 7.69 % for Berkshire Hills Bancorp, Inc.. The stock decreased 0.94% or $0.4 during the last trading session, touching $42.Berkshire Hills Bancorp, Inc. has volume of 61,562 shares. Since June 27, 2017 BHLB has risen 6.88% and is uptrending. BHLB underperformed the S&P500 by 5.69%.

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Ratings Coverage

Total analysts of 3 have positions in Berkshire Hills (NYSE:BHLB) as follows: 1 rated it a “Buy”, 1 with “Sell” and 1 with “Hold”. The positive are 33%. Since January 9, 2018 according to StockzIntelligence Inc Berkshire Hills has 4 analyst reports. On Monday, February 26 Keefe Bruyette & Woods maintained Berkshire Hills Bancorp, Inc. (NYSE:BHLB) rating. Keefe Bruyette & Woods has “Buy” rating and $44.0 target. On Tuesday, June 12 the firm has “Sell” rating by Compass Point given. On Friday, June 8 the stock of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) earned “Hold” rating by Piper Jaffray. In Tuesday, January 9 report Keefe Bruyette & Woods maintained the stock with “Buy” rating.

Berkshire Hills Bancorp, Inc. provides retail and commercial banking, wealth management and investment, and insurance services.The company has $1.91 billion market cap. The firm operates through two divisions, Banking and Insurance.The P/E ratio is 27.56. It offers various deposit accounts, including interest-bearing and noninterest-bearing checking demand, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as residential mortgages, commercial real estate, commercial and industrial, and consumer loans.

Another two news for Berkshire Hills Bancorp, Inc. (NYSE:BHLB) were briefly announced by: 247Wallst.com on June 12, 2018 with title “Top Analyst Upgrades and Downgrades: Barrick Gold, Buckeye Partners, Interdigital, Penn Virginia, SeaWorld, Weight …”. The other Streetinsider.com‘s article was titled “Ollie’s Bargain Outlet Holdings (OLLI) Set to Join S&P MidCap 400; Berkshire Hills Bancorp (BHLB) Set to Join S&P …” and announced on June 06, 2018.

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Institutional Investors Chart

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