Nationwide Fund Advisors Maintains Holdings in BSB Bancorp, Inc. (BLMT)

Nationwide Fund Advisors continued to hold its position in BSB Bancorp, Inc. (NASDAQ:BLMT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,626 shares of the bank’s stock at the end of the 2nd quarter. Nationwide Fund Advisors owned about 0.05% of BSB Bancorp worth $135,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Rhumbline Advisers bought a new stake in BSB Bancorp in the 2nd quarter worth approximately $262,000. First Trust Advisors LP bought a new stake in BSB Bancorp in the 2nd quarter worth approximately $444,000. Schwab Charles Investment Management Inc. increased its stake in BSB Bancorp by 72.2% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 15,267 shares of the bank’s stock worth $447,000 after acquiring an additional 6,400 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in BSB Bancorp by 29.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 44,060 shares of the bank’s stock worth $1,289,000 after acquiring an additional 9,968 shares during the last quarter. 48.39% of the stock is currently owned by institutional investors and hedge funds.

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Shares of BSB Bancorp, Inc. (BLMT) opened at $30.85 on Friday. The company has a quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 3.36. BSB Bancorp, Inc. has a 12 month low of $25.20 and a 12 month high of $31.50. The stock has a market capitalization of $299.70, a P/E ratio of 18.15 and a beta of 0.40.

BSB Bancorp (NASDAQ:BLMT) last announced its earnings results on Thursday, October 19th. The bank reported $0.50 EPS for the quarter. The firm had revenue of $15.06 million during the quarter. BSB Bancorp had a return on equity of 9.29% and a net margin of 20.64%.

Separately, BidaskClub downgraded BSB Bancorp from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th.

BSB Bancorp Profile

BSB Bancorp, Inc (BSB Bancorp) is a bank holding company of Belmont Savings Bank (the Bank). The Company’s Belmont Savings Bank is a chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public, small businesses and municipalities, and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.

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Institutional Ownership by Quarter for BSB Bancorp (NASDAQ:BLMT)

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