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

July 18, 2017 - By Marguerite Chambers

 Brookline Bancorp, Inc. (BRKL) EPS Estimated At $0.20
Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.05, from 1.05 in 2016Q3. It is positive, 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.
Baystate Wealth Mgmt has invested 0.03% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Adirondack And Mgmt accumulated 314,260 shares or 1.75% of the stock. Massachusetts Fincl Ma reported 542,772 shares or 0% of all its holdings. Louisiana State Employees Retirement invested 0.02% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Blackrock Gru holds 180,924 shares or 0% of its portfolio. Ls Investment Advsrs Ltd invested in 0% or 2,559 shares. First Trust Advisors Limited Partnership holds 188,639 shares. State Board Of Administration Of Florida Retirement Sys holds 64,340 shares or 0% of its portfolio. Prudential Finance Inc has invested 0.01% in Brookline Bancorp, Inc. (NASDAQ:BRKL). California Public Employees Retirement Sys accumulated 357,686 shares or 0.01% of the stock. 11,074 are owned by Suntrust Banks. Blackrock Invest Mngmt Limited Liability Company holds 380,039 shares. Deutsche Bank Ag invested 0% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Voya Inv Mgmt Ltd Liability Co has invested 0% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Alliancebernstein L P has 0% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL).

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

Wall Street await Brookline Bancorp, Inc. (NASDAQ:BRKL) to release earnings on July, 19. Analysts forecast earnings per share of $0.20, up exactly $0.02 or 11.11 % from 2014’s $0.18 EPS. The expected BRKL’s profit could reach $15.22 million giving the stock 18.06 P/E in the case that $0.20 earnings per share is reported. After posting $0.19 EPS for the previous quarter, Brookline Bancorp, Inc.’s analysts now forecast 5.26 % EPS growth. The stock decreased 0.34% or $0.05 during the last trading session, reaching $14.45. About shares traded. Brookline Bancorp, Inc. (NASDAQ:BRKL) has risen 26.02% since July 18, 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), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Brookline Bancorp has $15.5000 highest and $12 lowest target. $14.17’s average target is -1.94% below currents $14.45 stock price. Brookline Bancorp had 7 analyst reports since September 3, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, September 16 by Piper Jaffray. The company was upgraded on Thursday, September 3 by Sandler O’Neill. Piper Jaffray maintained Brookline Bancorp, Inc. (NASDAQ:BRKL) rating on Thursday, July 13. Piper Jaffray has “Hold” rating and $1500 target. The firm earned “Hold” rating on Tuesday, June 7 by Sandler O’Neill. Compass Point upgraded Brookline Bancorp, Inc. (NASDAQ:BRKL) on Thursday, October 22 to “Buy” rating. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, June 1. Compass Point downgraded the shares of BRKL in report on Friday, November 18 to “Neutral” rating.

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 19.24 P/E ratio.

More notable recent Brookline Bancorp, Inc. (NASDAQ:BRKL) news were published by: Seekingalpha.com which released: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q1 2017 Results – Earnings …” on April 27, 2017, also Prnewswire.com with their article: “Brookline Bancorp, Inc. Announces Third Quarter 2016 Earnings Release Date and …” published on September 28, 2016, Prnewswire.com published: “Peter D. Costa to Build C&I Banking Team South of Boston for Brookline Bank” on July 17, 2017. 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 Q4 2016 Results – Earnings …” published on January 26, 2017 as well as Seekingalpha.com‘s news article titled: “Earnings Preview: Brookline Bancorp, Inc.” with publication date: June 13, 2016.

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