Brookline Bancorp, Inc. (BRKL) EPS Estimated At $0.20

September 17, 2017 - By Darrin Black

 Brookline Bancorp, Inc. (BRKL) EPS Estimated At $0.20
Investors sentiment increased to 1.1 in Q4 2016. 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.
Parsons Cap Mngmt Ri holds 18,302 shares. Pinnacle Assocs Ltd accumulated 19,500 shares. Tiaa Cref Investment Management Limited Liability Company holds 0% in Brookline Bancorp, Inc. (NASDAQ:BRKL) or 375,530 shares. Ls Invest Advsrs Limited Liability owns 2,559 shares for 0% of their portfolio. Price T Rowe Md accumulated 0% or 42,399 shares. Salzhauer Michael invested 0.23% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Goldman Sachs Gru holds 0.01% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 2.38 million shares. Skyline Asset Management Limited Partnership holds 1.36% in Brookline Bancorp, Inc. (NASDAQ:BRKL) or 1.25M shares. Principal Financial Grp Incorporated holds 0.01% or 561,456 shares. Balyasny Asset Management Ltd Com, Illinois-based fund reported 28,300 shares. Hightower Limited Liability Corporation has 0.01% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL). Btim accumulated 0% or 10,000 shares. Great West Life Assurance Can stated it has 95,990 shares. Piedmont Invest Advisors Ltd Co owns 90 shares. Morgan Stanley has invested 0.01% in Brookline Bancorp, Inc. (NASDAQ:BRKL).

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

Analysts await Brookline Bancorp, Inc. (NASDAQ:BRKL) to report earnings on October, 18. They expect $0.20 EPS, up 5.26 % or $0.01 from last year’s $0.19 per share. BRKL’s profit will be $15.38M for 17.88 P/E if the $0.20 EPS becomes a reality. After $0.20 actual EPS reported by Brookline Bancorp, Inc. for the previous quarter, Wall Street now forecasts 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 company was maintained on Thursday, July 13 by Piper Jaffray. The rating was initiated by Piper Jaffray on Wednesday, September 16 with “Neutral”. Sandler O’Neill upgraded the shares of BRKL in report on Monday, August 21 to “Buy” rating. The stock of Brookline Bancorp, Inc. (NASDAQ:BRKL) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, August 8. Compass Point upgraded the shares of BRKL in report on Thursday, October 22 to “Buy” rating. Sandler O’Neill upgraded the stock to “Buy” rating in Thursday, September 3 report. Compass Point downgraded the shares of BRKL in report on Friday, November 18 to “Neutral” rating. The company was downgraded on Tuesday, June 7 by Sandler O’Neill. As per Thursday, June 1, the company rating was maintained by Keefe Bruyette & Woods.

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: Prnewswire.com which released: “Brookline Bancorp, Inc. Names Darryl J. Fess President and CEO of Brookline Bank” on September 21, 2016, also Prnewswire.com with their article: “Brookline Bancorp, Inc. Announces Third Quarter 2016 Earnings Release Date and …” published on September 28, 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: Globenewswire.com and their article: “Brookline Bancorp, Inc. Announces Commencement of Common Stock Offering” published on April 26, 2017 as well as Seekingalpha.com‘s news article titled: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q1 2017 Results – Earnings …” with publication date: April 27, 2017.

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