Berkshire Hills Bancorp, Inc. (BHLB)’s director Richard Murphy Made a Purchase of 1,000 Shares of the Company; Jacobs Engineering Group Has 1.05 Sentiment

February 14, 2018 - By rebbecca

According to a legally required form that’s submitted to the (SEC) on February 13, 2018, Richard Murphy an insider in Berkshire Hills Bancorp Inc and currently director, bought shares worth $36,999 USD in the public firm. He acquired 1,000 new shares, at average $37.0 per share. he today has in hand 0.03% of the market cap of Berkshire Hills Bancorp Inc.

Jacobs Engineering Group Inc. provides technical, professional, and construction services. The company has market cap of $8.80 billion. It offers project services that include engineering, architectural, interiors, design, planning, and related services, as well as planning, scheduling, procurement, estimating, cost engineering, project accounting and delivery, safety, and other support services. It has a 32.42 P/E ratio. The firm also provides process, scientific, and systems consulting services, including performing pricing studies, market analyses, and financial projections in determining the feasibility of a project; performing gasoline reformulation modeling; analyzing and evaluating layout and mechanical creates for complex processing plants; analyzing automation and control systems; analyzing, designing, and executing bio containment strategies; developing and performing process protocols; and performing geological and metallurgical studies.

Berkshire Hills Bancorp, Inc. provides retail and commercial banking, wealth management and investment, and insurance services. The company has market cap of $1.67 billion. The firm operates through two divisions, Banking and Insurance. It has a 26.55 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.

Since August 17, 2017, it had 4 insider purchases, and 1 sale for $342,897 activity. 8,938 Berkshire Hills Bancorp, Inc. (NYSE:BHLB) shares with value of $331,711 were bought by Sheehan Patrick J. RYAN WILLIAM J bought $113,608 worth of stock or 3,000 shares. Marotta Richard M sold $316,508 worth of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) on Thursday, August 17. $19,325 worth of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) was bought by Bossidy Paul T on Monday, December 18. DALY MICHAEL P had sold 25,000 shares worth $844,541.

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 has $44.5 highest and $29 lowest target. $37.50’s average target is 1.63% above currents $36.9 stock price. Berkshire Hills Bancorp had 23 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Outperform” rating by FIG Partners on Tuesday, May 23. The firm has “Buy” rating given on Thursday, September 7 by Piper Jaffray. The stock of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) earned “Buy” rating by Keefe Bruyette & Woods on Tuesday, January 9. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, October 3 report. The stock of Berkshire Hills Bancorp, Inc. (NYSE:BHLB) earned “Hold” rating by Jefferies on Wednesday, April 5. The rating was maintained by Compass Point with “Neutral” on Tuesday, October 27. PiperJaffray downgraded the stock to “Neutral” rating in Wednesday, November 16 report. The company was maintained on Friday, August 4 by Keefe Bruyette & Woods. As per Wednesday, November 16, the company rating was downgraded by Piper Jaffray. The firm has “Neutral” rating given on Tuesday, October 25 by Compass Point.

The stock increased 0.14% or $0.05 during the last trading session, reaching $36.9. About 96,970 shares traded. Berkshire Hills Bancorp, Inc. (NYSE:BHLB) has risen 33.85% since February 14, 2017 and is uptrending. It has outperformed by 17.15% the S&P500.

Investors sentiment increased to 1.58 in Q3 2017. Its up 0.15, from 1.43 in 2017Q2. It increased, 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. Highbridge Ltd Com holds 0% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) or 8,531 shares. Genesee Valley Trust has invested 0.09% of its portfolio in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Federated Investors Pa holds 0.01% of its portfolio in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) for 90,893 shares. Dreman Value Mgmt L L C holds 0.11% or 5,036 shares. Credit Suisse Ag owns 66,668 shares or 0% of their US portfolio. Clarivest Asset Management Ltd Company holds 0.27% or 311,696 shares in its portfolio. Columbia Prtnrs L L C invested in 0.04% or 8,593 shares. St Germain D J holds 19,452 shares or 0.09% of its portfolio. Morgan Stanley holds 0% or 75,722 shares. Voya Invest Limited Liability Company has 0% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). D E Shaw Communication has invested 0.01% in Berkshire Hills Bancorp, Inc. (NYSE:BHLB). Cornercap Invest Counsel accumulated 0.13% or 23,935 shares. 63,493 were accumulated by Secor Cap Advsr Lp. Massachusetts Fincl Ma holds 0.01% of its portfolio in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) for 315,160 shares. Wells Fargo And Mn owns 0% invested in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) for 137,682 shares.