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

September 17, 2017 - By Louis Casey

 $0.20 EPS Expected for Brookline Bancorp, Inc. (BRKL)
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.
Barclays Public Limited accumulated 2,291 shares. Fj Cap Mngmt Limited Liability Corp has invested 0.03% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Vanguard Group Incorporated reported 6.26M shares. Sei Invs holds 0% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 670 shares. State Of Tennessee Treasury Department holds 56,020 shares or 0% of its portfolio. Moreover, Parsons Capital Mngmt Incorporated Ri has 0.04% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL). Massachusetts-based Ipswich Mgmt has invested 0.69% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Invesco Limited holds 769,538 shares. Charter Trust reported 0.08% in Brookline Bancorp, Inc. (NASDAQ:BRKL). The New York-based Oppenheimer has invested 0.01% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Employees Retirement Association Of Colorado reported 35,731 shares. Qs Investors Limited Liability reported 0.02% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Us Financial Bank De has 0% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 105 shares. Tower Rech Capital Limited Liability (Trc) accumulated 2,074 shares. Deutsche Bancshares Ag holds 75,193 shares.

Since June 5, 2017, it had 0 insider buys, and 1 insider 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. Compass Point upgraded the shares of BRKL in report on Thursday, October 22 to “Buy” rating. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, June 1. The rating was upgraded by Sandler O’Neill to “Buy” on Monday, August 21. The stock of Brookline Bancorp, Inc. (NASDAQ:BRKL) has “Hold” rating given on Tuesday, August 8 by Keefe Bruyette & Woods. The firm has “Buy” rating by Sandler O’Neill given on Thursday, September 3. The firm has “Neutral” rating given on Friday, November 18 by Compass Point. As per Wednesday, September 16, the company rating was initiated by Piper Jaffray. The rating was maintained by Piper Jaffray with “Hold” on Thursday, July 13. Sandler O’Neill downgraded the stock to “Hold” rating in Tuesday, June 7 report.

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 Seekingalpha.com with their article: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q2 2017 Results – Earnings …” published on July 21, 2017, Prnewswire.com published: “Brookline Bancorp, Inc. Names Darryl J. Fess President and CEO of Brookline Bank” on September 21, 2016. More interesting news about Brookline Bancorp, Inc. (NASDAQ:BRKL) were released by: Prnewswire.com and their article: “Brookline Bancorp, Inc. Announces Third Quarter 2016 Earnings Release Date and …” published on September 28, 2016 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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