Berkshire Hills Bancorp (BHLB)

• Market cap: $1.32B
• 1 day: 1.15%
• 5 days: 0.00%
• 1 month: -1.41%
• 3 months: 17.64%
• 6 months: 42.23%
• Year to date: 23.89%
• 1 year: 37.77%
• 5 years: -3.42%
• 10 years: 19.93%
• Sector: Financials
• Industry: Savings Institutions, Not Federally Chartered

About: Berkshire Hills Bancorp Inc is a holding company. It provides Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management services.

Employees: 1,340

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

440% more call options, than puts

Call options by funds: $27K | Put options by funds: $5K

53% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 17

15% more capital invested

Capital invested by funds: $841M [Q2] → $966M (+$125M) [Q3]

5% more funds holding

Funds holding: 177 [Q2] → 186 (+9) [Q3]

2% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 60

1.79% less ownership

Funds ownership: 85.19% [Q2] → 83.4% (-1.79%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $32 4% upside
• Avg. target: $32 4% upside
• High target: $32 4% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Christopher O'Connell 100% 1-year accuracy 19 / 19 met price target

4% upside $32

Market Perform Maintained

4 Dec 2024