How Analysts Rated Meridian Bancorp, Inc. (NASDAQ:EBSB) Last Week?

December 6, 2017 - By Adrian Mccoy

 How Analysts Rated Meridian Bancorp, Inc. (NASDAQ:EBSB) Last Week?
Investors sentiment decreased to 1.27 in 2017 Q2. Its down 0.22, from 1.49 in 2017Q1. It dived, as 8 investors sold Meridian Bancorp, Inc. shares while 36 reduced holdings. 19 funds opened positions while 37 raised stakes. 34.14 million shares or 1.16% less from 34.54 million shares in 2017Q1 were reported.
Swiss Financial Bank has invested 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Invesco holds 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB) or 82,170 shares. Susquehanna International Group Llp has 31,967 shares for 0% of their portfolio. Anchor Cap Advsr Ltd Liability Corp invested in 0.03% or 44,821 shares. Tfs Cap Limited Company holds 0.19% or 28,235 shares. Ameriprise has invested 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Arrowstreet Ltd Partnership accumulated 274,631 shares. Bnp Paribas Arbitrage Sa stated it has 0% of its portfolio in Meridian Bancorp, Inc. (NASDAQ:EBSB). Strs Ohio reported 0% in Meridian Bancorp, Inc. (NASDAQ:EBSB). Rhumbline Advisers has 0% invested in Meridian Bancorp, Inc. (NASDAQ:EBSB). New York State Common Retirement Fund owns 64,249 shares. Motco invested in 2,432 shares or 0% of the stock. Bancorporation Of America De has 0% invested in Meridian Bancorp, Inc. (NASDAQ:EBSB) for 48,624 shares. Emerald Mutual Fund Advisers Tru holds 0.03% of its portfolio in Meridian Bancorp, Inc. (NASDAQ:EBSB) for 45,870 shares. 17,724 are held by Bankshares Of Montreal Can.

Meridian Bancorp, Inc. (NASDAQ:EBSB) Ratings Coverage

Among 4 analysts covering Meridian Interstate Bancorp (NASDAQ:EBSB), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Meridian Interstate Bancorp had 8 analyst reports since September 30, 2015 according to SRatingsIntel. Compass Point upgraded Meridian Bancorp, Inc. (NASDAQ:EBSB) rating on Monday, June 26. Compass Point has “Buy” rating and $1900 target. The stock has “Market Perform” rating by Hovde Group on Wednesday, September 30. The stock of Meridian Bancorp, Inc. (NASDAQ:EBSB) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. The stock of Meridian Bancorp, Inc. (NASDAQ:EBSB) has “Hold” rating given on Tuesday, July 25 by Piper Jaffray. Keefe Bruyette & Woods maintained Meridian Bancorp, Inc. (NASDAQ:EBSB) on Thursday, August 31 with “Hold” rating. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, October 31. As per Friday, November 18, the company rating was downgraded by Compass Point. Below is a list of Meridian Bancorp, Inc. (NASDAQ:EBSB) latest ratings and price target changes.

31/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $20.0 Maintain
03/10/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $19.0 Maintain
31/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $19.0 Maintain
25/07/2017 Broker: Piper Jaffray Rating: Hold New Target: $19.0000 Maintain
26/06/2017 Broker: Compass Point Rating: Buy New Target: $19.0000 Upgrade

The stock increased 0.25% or $0.05 during the last trading session, reaching $20.2. About 23,897 shares traded. Meridian Bancorp, Inc. (NASDAQ:EBSB) has risen 12.94% since December 6, 2016 and is uptrending. It has underperformed by 3.76% the S&P500.

Meridian Bancorp, Inc. operates as the holding firm for East Boston Savings Bank that provides various financial services and products for individuals and businesses primarily in Suffolk, Norfolk, Middlesex, and Essex counties, Massachusetts. The company has market cap of $975.84 million. The firm accepts various deposit products, such as non-interest-bearing demand deposits comprising checking accounts; interest-bearing demand accounts, including NOW and money market accounts; savings accounts; and certificates of deposits, as well as commercial checking accounts. It has a 23.49 P/E ratio. The Company’s loan portfolio consists of commercial real estate loans, which are secured by properties used for business purposes, such as office buildings, industrial facilities, and retail facilities; one- to four-family residential loans, including mortgage loans that enable borrowers to purchase or refinance existing homes; multi-family real estate loans; construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans, including automobile loans, loans secured by passbook or certificate accounts, credit builder, and annuity and overdraft loans.

More recent Meridian Bancorp, Inc. (NASDAQ:EBSB) news were published by: Globenewswire.com which released: “Meridian Bancorp, Inc. Announces 33% Increase in Quarterly Dividend” on March 02, 2017. Also Streetinsider.com published the news titled: “Form 4 Meridian Bancorp, Inc. For: Nov 24 Filed by: CENSULLO MARILYN A” on November 27, 2017. Nasdaq.com‘s news article titled: “Meridian Bancorp, Inc. (EBSB) Ex-Dividend Date Scheduled for September 18, 2017” with publication date: September 15, 2017 was also an interesting one.

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