$0.20 EPS Expected for Brookline Bancorp, Inc. (BRKL)

September 17, 2017 - By Ellis Scott

 $0.20 EPS Expected for Brookline Bancorp, Inc. (BRKL)
Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.05, from 1.05 in 2016Q3. It increased, as 10 investors sold Brookline Bancorp, Inc. shares while 58 reduced holdings. 21 funds opened positions while 54 raised stakes. 51.92 million shares or 2.77% more from 50.52 million shares in 2016Q3 were reported.
Hancock Com invested 0.05% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Clearbridge Invests Lc reported 1,000 shares. Moreover, Adage Capital Ptnrs Group has 0% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 75,000 shares. Northwestern Mutual Wealth reported 725 shares stake. Stifel Fincl holds 0% or 12,580 shares in its portfolio. Amer Intll Gru Inc has 50,947 shares for 0% of their portfolio. Qs Ltd Liability invested 0.02% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Commonwealth Equity Serv accumulated 477,929 shares or 0.06% of the stock. Invesco owns 769,538 shares. Deprince Race & Zollo owns 1.08M shares or 0.35% of their US portfolio. State Street reported 0% stake. Crestwood Advisors Limited Co has 0.02% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 12,665 shares. New York-based Adirondack & Mgmt has invested 1.75% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Alpine Woods Cap Limited Liability Corporation invested in 0.01% or 10,000 shares. Moreover, Connor Clark And Lunn Invest Management Limited has 0% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL).

Since June 5, 2017, it had 0 insider buys, and 1 sale for $69,509 activity.

Wall Street await Brookline Bancorp, Inc. (NASDAQ:BRKL) to release earnings on October, 18. Analysts forecast EPS of $0.20, up exactly $0.01 or 5.26 % from 2014’s $0.19 EPS. The expected BRKL’s profit could reach $15.38M giving the stock 17.88 P/E in the case that $0.20 earnings per share is reported. After posting $0.20 EPS for the previous quarter, Brookline Bancorp, Inc.’s analysts now forecast 0.00 % EPS growth. The stock increased 0.35% or $0.05 on September 15, reaching $14.3. About 1.02 million shares traded or 190.54% up from the average. Brookline Bancorp, Inc. (NASDAQ:BRKL) has risen 26.02% since September 17, 2016 and is uptrending. It has outperformed by 9.32% the S&P500.

Brookline Bancorp, Inc. (NASDAQ:BRKL) Ratings Coverage

Among 4 analysts covering Brookline Bancorp (NASDAQ:BRKL), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Brookline Bancorp had 9 analyst reports since September 3, 2015 according to SRatingsIntel. The rating was upgraded by Compass Point to “Buy” on Thursday, October 22. The firm earned “Hold” rating on Tuesday, June 7 by Sandler O’Neill. The rating was downgraded by Compass Point to “Neutral” on Friday, November 18. The rating was upgraded by Sandler O’Neill on Monday, August 21 to “Buy”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, June 1. The stock has “Hold” rating by Piper Jaffray on Thursday, July 13. The firm has “Buy” rating given on Thursday, September 3 by Sandler O’Neill. Keefe Bruyette & Woods maintained it with “Hold” rating and $15.5000 target in Tuesday, August 8 report. The stock of Brookline Bancorp, Inc. (NASDAQ:BRKL) earned “Neutral” rating by Piper Jaffray on Wednesday, September 16.

Brookline Bancorp, Inc. operates as a multi-bank holding firm for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. The company has market cap of $1.10 billion. As a commercially focused financial institution with 50 full-service banking offices throughout greater Boston, the north shore of Massachusetts and Rhode Island, the Company, through Brookline Bank, BankRI and First Ipswich (individually and collectively the Banks), offered a range of commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services throughout central New England, as of December 31, 2016. It has a 18.57 P/E ratio.

More notable recent Brookline Bancorp, Inc. (NASDAQ:BRKL) news were published by: Globenewswire.com which released: “Brookline Bancorp, Inc. Announces Commencement of Common Stock Offering” on April 26, 2017, also Prnewswire.com with their article: “Brookline Bancorp, Inc. Names Darryl J. Fess President and CEO of Brookline Bank” published on September 21, 2016, Forbes.com published: “Ex-Dividend Reminder: Brookline Bancorp, Boston Private Financial and Wells Fargo” on October 31, 2016. More interesting news about Brookline Bancorp, Inc. (NASDAQ:BRKL) were released by: Seekingalpha.com and their article: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q1 2017 Results – Earnings …” published on April 27, 2017 as well as Seekingalpha.com‘s news article titled: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q2 2017 Results – Earnings …” with publication date: July 21, 2017.

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