Eastern Bankshares (EBC) News Today

Eastern Bankshares (NASDAQ:EBC) Sets New 1-Year High at $17.12

Edgestream Partners L.P. lessened its holdings in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 84.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,496 shares of the company's st

Jupiter Asset Management Ltd. purchased a new stake in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) in the first quarter, according to its most recent filing with the SEC. The firm purchased 276,052 shares of the company's stock, valued at approximately $3,804,000. Jupiter Asset Ma

Eastern Bankshares (NASDAQ:EBC) Reaches New 12-Month High at $16.64

Eastern Bankshares, Inc. (NASDAQ:EBC - Get Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 6,300,000 shares, an increase of 9.6% from the June 15th total of 5,750,000 shares. Based on an average trading volume of 764,800 shares, the short-interest ratio is presently 8.2 days. Currently, 4.0% of the company's shares are short sold.

Eastern Bankshares (NASDAQ:EBC) Hits New 12-Month High at $15.13

Mutual of America Capital Management LLC trimmed its stake in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 30.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 376,027 shares of the company's stock after selling 16

Jennison Associates LLC raised its stake in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 23.8% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 2,993,308 shares of the company's stock after buying an additional 576,381 shares during the quarte

Wellington Management Group LLP increased its stake in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 19.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,464,674 shares of the company's stock after acquiring an ad

Rafferty Asset Management LLC grew its position in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 102.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 207,810 shares of the company's stock after buying an additional 1

Brown Brothers Harriman & Co. bought a new position in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 200,000 shares of the company's stock, valued at approximately $

Dimensional Fund Advisors LP grew its stake in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 20.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,794,640 shares of the company's stock after acquiring an addit

Congress Wealth Management LLC DE acquired a new position in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 196,500 sh

Charles Schwab Investment Management Inc. lifted its stake in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 4.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,551,113 shares of the company's stock after acquiring an additional 70,

Brown Advisory Inc. reduced its position in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 17.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,163,087 shares of the company's stock after selling 662,333 shares during the period. Brown Advisory Inc. o

Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) - Equities research analysts at Keefe, Bruyette & Woods reduced their Q2 2024 EPS estimates for shares of Eastern Bankshares in a research note issued to investors on Sunday, April 28th. Keefe, Bruyette & Woods analyst D. Delmonte now expects th

Eastern Bankshares (NASDAQ:EBC - Get Free Report) issued its earnings results on Friday. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.03. The firm had revenue of $230.30 million for the quarter, compared to analysts' expectations of $157.52 million. Eastern Bankshares had a net margin of 49.59% and a return on equity of 5.75%. During the same quarter last year, the company earned $0.38 earnings per share.

White Pine Capital LLC bought a new position in Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 61,085 shares of the company's stock, valued at approximately $867,000. Several other large in

Eastern Bankshares, Inc. (NASDAQ:EBC) declared a quarterly dividend on Thursday, April 25th. Shareholders of record on Monday, June 3rd will be given a dividend of 0.11 per share on Friday, June 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend is Monday, June 3rd.

Jennison Associates LLC cut its position in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 25.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,416,927 shares of the company's stock

Vanguard Group Inc. increased its stake in shares of Eastern Bankshares, Inc. (NASDAQ:EBC - Free Report) by 0.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,367,130 shares of the company's stock after buying an additional 100,820 shares during