Representative Lisa C. McClain (R-Michigan) recently bought shares of Berkshire Hills Bancorp, Inc. (NYSE:BHLB). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Berkshire Hills Bancorp stock on August 4th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $50,001 – $100,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/28/2025.
- Purchased $1,001 – $15,000 in shares of ACI Worldwide (NASDAQ:ACIW) on 8/19/2025.
- Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 8/19/2025.
- Sold $1,001 – $15,000 in shares of Amedisys (NASDAQ:AMED) on 8/18/2025.
- Purchased $1,001 – $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on 8/13/2025.
- Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 8/13/2025.
- Purchased $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/13/2025.
- Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 8/13/2025.
- Sold $1,001 – $15,000 in shares of US Foods (NYSE:USFD) on 8/13/2025.
- Purchased $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 8/13/2025.
Berkshire Hills Bancorp Price Performance
Shares of BHLB stock opened at $25.66 on Monday. Berkshire Hills Bancorp, Inc. has a twelve month low of $22.27 and a twelve month high of $32.36. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 10.02 and a beta of 0.73. The stock has a fifty day simple moving average of $25.62 and a two-hundred day simple moving average of $25.36. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.18.
Berkshire Hills Bancorp Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, August 21st. Shareholders of record on Thursday, August 14th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, August 14th. Berkshire Hills Bancorp’s dividend payout ratio is currently 28.13%.
Institutional Investors Weigh In On Berkshire Hills Bancorp
Hedge funds have recently made changes to their positions in the company. Meeder Asset Management Inc. lifted its holdings in shares of Berkshire Hills Bancorp by 130.9% in the 1st quarter. Meeder Asset Management Inc. now owns 1,374 shares of the savings and loans company’s stock worth $36,000 after buying an additional 779 shares during the period. GAMMA Investing LLC lifted its stake in shares of Berkshire Hills Bancorp by 180.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,683 shares of the savings and loans company’s stock worth $42,000 after purchasing an additional 1,082 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Berkshire Hills Bancorp by 33.1% during the 2nd quarter. Blue Trust Inc. now owns 1,808 shares of the savings and loans company’s stock worth $45,000 after purchasing an additional 450 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Berkshire Hills Bancorp by 4,077.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,838 shares of the savings and loans company’s stock worth $46,000 after purchasing an additional 1,794 shares during the last quarter. Finally, Quarry LP lifted its stake in shares of Berkshire Hills Bancorp by 78.5% during the 1st quarter. Quarry LP now owns 2,305 shares of the savings and loans company’s stock worth $60,000 after purchasing an additional 1,014 shares during the last quarter. 83.07% of the stock is currently owned by hedge funds and other institutional investors.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Berkshire Hills Bancorp Company Profile
Berkshire Hills Bancorp, Inc operates as the bank holding company for Berkshire Bank that provides various banking products and services in the United States. The company provides various deposit accounts, including demand deposit, interest-bearing checking, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts.
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