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

September 17, 2017 - By Peter Erickson

 EPS for Brookline Bancorp, Inc. (BRKL) Expected At $0.20
Investors sentiment increased to 1.1 in Q4 2016. Its up 0.05, from 1.05 in 2016Q3. It improved, 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.
Hennessy Advsr Incorporated stated it has 0.29% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Swiss Comml Bank reported 116,600 shares. Crestwood Advisors Ltd, Massachusetts-based fund reported 12,665 shares. Deutsche Fincl Bank Ag invested 0% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Thomas White Intl Limited has invested 0% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Morgan Stanley invested in 1.12 million shares or 0.01% of the stock. Bnp Paribas Arbitrage Sa reported 15,680 shares stake. Endurance Wealth Mgmt Incorporated owns 27,917 shares. Suntrust Banks Inc has 0% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL). California State Teachers Retirement Sys holds 142,785 shares or 0% of its portfolio. North stated it has 19,682 shares or 0.05% of all its holdings. Salzhauer Michael has invested 0.23% in Brookline Bancorp, Inc. (NASDAQ:BRKL). Blackrock holds 0% or 17,442 shares in its portfolio. Winslow Evans And Crocker Inc, a Massachusetts-based fund reported 1,094 shares. Public Sector Pension Inv Board holds 50,124 shares.

Since June 5, 2017, it had 0 insider buys, 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 1.02M 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. As per Tuesday, June 7, the company rating was downgraded by Sandler O’Neill. Keefe Bruyette & Woods maintained it with “Hold” rating and $15.5000 target in Thursday, June 1 report. The stock of Brookline Bancorp, Inc. (NASDAQ:BRKL) earned “Buy” rating by Compass Point on Thursday, October 22. The firm has “Hold” rating given on Tuesday, August 8 by Keefe Bruyette & Woods. The rating was downgraded by Compass Point to “Neutral” on Friday, November 18. The stock has “Buy” rating by Sandler O’Neill on Monday, August 21. Sandler O’Neill upgraded the shares of BRKL in report on Thursday, September 3 to “Buy” rating. The firm has “Hold” rating by Piper Jaffray given on Thursday, July 13. The stock has “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: Prnewswire.com which released: “Brookline Bancorp, Inc. Announces Third Quarter 2016 Earnings Release Date and …” on September 28, 2016, also Prnewswire.com with their article: “Brookline Bancorp, Inc. Names Darryl J. Fess President and CEO of Brookline Bank” published on September 21, 2016, Seekingalpha.com published: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q2 2017 Results – Earnings …” on July 21, 2017. More interesting news about Brookline Bancorp, Inc. (NASDAQ:BRKL) were released by: Forbes.com and their article: “Ex-Dividend Reminder: Brookline Bancorp, Boston Private Financial and Wells Fargo” published on October 31, 2016 as well as Globenewswire.com‘s news article titled: “Brookline Bancorp, Inc. Announces Commencement of Common Stock Offering” with publication date: April 26, 2017.

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