EPS for Berkshire Hills Bancorp, Inc. (BHLB) Expected At $0.64; Eaton Vance Tax-advantaged Global Dividend Opportunities Fund (ETO) Sentiment Is 0.86

April 16, 2018 - By Louis Casey

Berkshire Hills Bancorp, Inc. (NYSE:BHLB) Logo

Eaton Vance Tax-advantaged Global Dividend Opportunities Fund (ETO) investors sentiment decreased to 0.86 in Q4 2017. It’s down -0.41, from 1.27 in 2017Q3. The ratio dived, as 12 hedge funds increased or opened new stock positions, while 14 reduced and sold holdings in Eaton Vance Tax-advantaged Global Dividend Opportunities Fund. The hedge funds in our database now hold: 1.32 million shares, down from 1.40 million shares in 2017Q3. Also, the number of hedge funds holding Eaton Vance Tax-advantaged Global Dividend Opportunities Fund in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 12 Increased: 7 New Position: 5.

Analysts expect Berkshire Hills Bancorp, Inc. (NYSE:BHLB) to report $0.64 EPS on April, 23.They anticipate $0.09 EPS change or 16.36% from last quarter’s $0.55 EPS. BHLB’s profit would be $29.03 million giving it 14.86 P/E if the $0.64 EPS is correct. After having $0.58 EPS previously, Berkshire Hills Bancorp, Inc.’s analysts see 10.34% EPS growth. The stock decreased 0.91% or $0.35 during the last trading session, reaching $38.05. About 82,809 shares traded. Berkshire Hills Bancorp, Inc. (NYSE:BHLB) has risen 6.95% since April 16, 2017 and is uptrending. It has underperformed by 4.60% the S&P500.

Investors sentiment decreased to 1.24 in 2017 Q4. Its down 0.34, from 1.58 in 2017Q3. It is negative, as 14 investors sold Berkshire Hills Bancorp, Inc. shares while 56 reduced holdings. 29 funds opened positions while 58 raised stakes. 30.63 million shares or 3.99% more from 29.46 million shares in 2017Q3 were reported. Nordea Inv Mngmt has invested 0.03% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Proshare Advsrs Lc invested in 5,932 shares. State Board Of Administration Of Florida Retirement System invested in 0% or 26,807 shares. Alphaone Investment Services Limited Liability accumulated 675 shares. Raymond James And stated it has 0% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Moreover, Aqr Capital Mgmt Ltd Limited Liability Company has 0% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) for 88,001 shares. 45,456 are owned by Btim Corporation. Employees Retirement Association Of Colorado stated it has 12,531 shares or 0% of all its holdings. Hartford Fin Management reported 0.14% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Moreover, Rhumbline Advisers has 0% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Bridgeway Cap Mngmt Inc invested in 219,635 shares. Aperio Group Llc holds 18,356 shares. Moreover, Dreman Value Mgmt L L C has 0.01% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Clover Partners Lp reported 55,000 shares. Renaissance Invest Gru Limited Liability Corp reported 13,627 shares.

Since December 15, 2017, it had 5 insider purchases, and 0 insider sales for $538,643 activity. The insider Bossidy Paul T bought 500 shares worth $19,325. $331,711 worth of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) was bought by Sheehan Patrick J on Monday, February 5. 1,000 shares were bought by Murphy Richard L., worth $36,999 on Tuesday, February 13. The insider RYAN WILLIAM J bought $113,608.

Among 7 analysts covering Berkshire Hills Bancorp (NYSE:BHLB), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Berkshire Hills Bancorp had 24 analyst reports since July 23, 2015 according to SRatingsIntel. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. PiperJaffray upgraded the shares of BHLB in report on Thursday, September 7 to “Overweight” rating. Compass Point maintained Berkshire Hills Bancorp, Inc. (NYSE:BHLB) rating on Tuesday, October 27. Compass Point has “Neutral” rating and $30 target. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Monday, February 26 report. The stock has “Neutral” rating by Compass Point on Tuesday, October 25. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. Sandler O’Neill upgraded the shares of BHLB in report on Thursday, July 23 to “Buy” rating. Piper Jaffray upgraded Berkshire Hills Bancorp, Inc. (NYSE:BHLB) rating on Thursday, September 7. Piper Jaffray has “Buy” rating and $39.5 target. The stock of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) earned “Hold” rating by Jefferies on Friday, September 15. The stock has “Hold” rating by Jefferies on Friday, June 9.

Berkshire Hills Bancorp, Inc. provides retail and commercial banking, wealth management and investment, and insurance services. The company has market cap of $1.73 billion. The firm operates through two divisions, Banking and Insurance. It has a 27.37 P/E ratio. 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.

The stock decreased 0.89% or $0.23 during the last trading session, reaching $25.51. About 25,904 shares traded. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) has risen 8.95% since April 16, 2017 and is uptrending. It has underperformed by 2.60% the S&P500.

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

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By1 Louis Casey

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