Berkshire Hills Bancorp, Inc. (BHLB) At $37.25 Forms Top; Blackrock Munivest Fund II Has 1 Sentiment

The stock increased 0.77% or $0.12 during the last trading session, reaching $15.64. About 30,889 shares traded or 1.35% up from the average. Blackrock MuniVest Fund II, Inc (MVT) has declined 7.03% since January 7, 2017 and is downtrending. It has underperformed by 23.73% the S&P500.

Berkshire Hills Bancorp, Inc. (BHLB) formed multiple top with $38.74 target or 4.00% above today’s $37.25 share price. Berkshire Hills Bancorp, Inc. (BHLB) has $1.69 billion valuation. The stock increased 1.22% or $0.45 during the last trading session, reaching $37.25. About 149,244 shares traded. Berkshire Hills Bancorp, Inc. (NYSE:BHLB) has risen 33.85% since January 7, 2017 and is uptrending. It has outperformed by 17.15% the S&P500.

Fiduciary Financial Services Of The Southwest Inc Tx holds 0.27% of its portfolio in Blackrock MuniVest Fund II, Inc for 59,112 shares. Provise Management Group Llc owns 10,800 shares or 0.02% of their US portfolio. Moreover, Sigma Planning Corp has 0.02% invested in the company for 14,448 shares. The Ohio-based Stratos Wealth Partners Ltd. has invested 0.02% in the stock. Ftb Advisors Inc., a Tennessee-based fund reported 8,206 shares.

Analysts await Berkshire Hills Bancorp, Inc. (NYSE:BHLB) to report earnings on January, 29. They expect $0.57 earnings per share, up 1.79% or $0.01 from last year’s $0.56 per share. BHLB’s profit will be $25.80M for 16.34 P/E if the $0.57 EPS becomes a reality. After $0.59 actual earnings per share reported by Berkshire Hills Bancorp, Inc. for the previous quarter, Wall Street now forecasts -3.39% negative EPS growth.

Since August 17, 2017, it had 2 insider buys, and 2 sales for $1.03 million activity. 500 shares were bought by Bossidy Paul T, worth $19,325. RYAN WILLIAM J also bought $113,608 worth of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) on Friday, December 15. Marotta Richard M sold 9,500 shares worth $316,508. Shares for $844,541 were sold by DALY MICHAEL P.

Investors sentiment increased to 1.58 in 2017 Q3. Its up 0.15, from 1.43 in 2017Q2. It is positive, as 20 investors sold Berkshire Hills Bancorp, Inc. shares while 39 reduced holdings. 26 funds opened positions while 67 raised stakes. 29.46 million shares or 0.09% more from 29.43 million shares in 2017Q2 were reported. Balyasny Asset Management Limited Co owns 0% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) for 14,294 shares. Alpine Woods Capital Invsts Ltd Liability Company reported 15,000 shares stake. Us Commercial Bank De holds 0% or 4,450 shares in its portfolio. Virginia Retirement Et Al stated it has 0% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Jane Street Group stated it has 7,592 shares. Focused Wealth owns 104 shares. Nuveen Asset Mgmt Ltd Co stated it has 663,422 shares or 0.17% of all its holdings. Guggenheim Cap Limited Liability Company has invested 0% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Bnp Paribas Arbitrage Sa has 0.01% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Moreover, Los Angeles Capital & Equity Rech Inc has 0.01% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) for 51,800 shares. Boston Private Wealth Ltd Co invested in 23,510 shares. Ironwood Inv Mngmt Limited Liability invested in 17,293 shares or 0.47% of the stock. Congress Asset Mgmt Ma holds 0.01% or 19,247 shares in its portfolio. 587,647 were reported by Systematic Financial Mngmt Limited Partnership. Hutchin Hill Cap L P stated it has 0.74% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB).

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 22 analyst reports since July 23, 2015 according to SRatingsIntel. PiperJaffray downgraded Berkshire Hills Bancorp, Inc. (NYSE:BHLB) on Wednesday, November 16 to “Neutral” rating. Jefferies maintained Berkshire Hills Bancorp, Inc. (NYSE:BHLB) rating on Friday, August 11. Jefferies has “Hold” rating and $3800 target. On Friday, October 20 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The stock has “Buy” rating by Sandler O’Neill on Thursday, July 23. Jefferies maintained Berkshire Hills Bancorp, Inc. (NYSE:BHLB) on Friday, September 15 with “Hold” rating. The firm has “Buy” rating given on Tuesday, October 3 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Thursday, December 21 by Keefe Bruyette & Woods. The firm has “Neutral” rating by Piper Jaffray given on Wednesday, November 16. The rating was upgraded by PiperJaffray on Thursday, September 7 to “Overweight”. Compass Point downgraded the stock to “Sell” rating in Friday, November 18 report.