The $0.09 mark is well within reach for Brookline Bancorp, Inc. (NASDAQ:BRKL).

February 14, 2018 - By Adrian Erickson

 The $0.09 mark is well within reach for Brookline Bancorp, Inc. (NASDAQ:BRKL).
Investors sentiment decreased to 1.3 in 2017 Q3. Its down 0.09, from 1.39 in 2017Q2. It dropped, as 12 investors sold Brookline Bancorp, Inc. shares while 48 reduced holdings. 23 funds opened positions while 55 raised stakes. 57.96 million shares or 0.37% less from 58.17 million shares in 2017Q2 were reported.
State Board Of Administration Of Florida Retirement Sys, a Florida-based fund reported 55,793 shares. Bessemer Grp Inc holds 0% or 16,893 shares. Pinnacle Associates Ltd invested in 19,500 shares or 0.01% of the stock. Adirondack & Management has 1.44% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 238,506 shares. Hightower Advsrs Ltd Limited Liability Company invested in 83,488 shares or 0.01% of the stock. Comerica Comml Bank stated it has 148,299 shares or 0.02% of all its holdings. Goldman Sachs Gp holds 0.01% or 2.45 million shares. Virtu Financial Limited Liability Corp reported 0% stake. Kbc Group Inc Nv holds 0.01% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 66,994 shares. Deprince Race & Zollo Incorporated holds 776,320 shares. Moreover, Parkside Commercial Bank & has 0% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 25 shares. Moreover, Alpine Woods Cap Ltd has 0.01% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL). Moreover, Adage Prtnrs Gp Llc has 0% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL). 6,592 were reported by Ameritas Inv Prtn Incorporated. Employees Retirement Association Of Colorado invested in 0% or 35,731 shares.

Since February 5, 2018, it had 0 buys, and 2 selling transactions for $290,750 activity. 12,500 shares were sold by Cosman James M, worth $209,500.

Brookline Bancorp, Inc. (NASDAQ:BRKL) is expected to pay $0.09 on Mar 2, 2018. The indicated annual dividend is $0.36. Shareholders owning the stock before Feb 15, 2018 will be eligible to receive the payout. Based on Brookline Bancorp, Inc.’s current price of $16.20, the dividend is 0.56 %. This dividend’s record date is Feb 16, 2018 and the announcement date is Jan 31, 2018. It closed at $16.2 lastly. It is down 26.02% since February 14, 2017 and is uptrending. It has outperformed by 9.32% the S&P500.

Brookline Bancorp, Inc. operates as the holding firm for Brookline Bank, Bank Rhode Island, First Ipswich Bank, and Brookline Securities Corp that provide commercial, business, and retail banking services to corporate, municipal, and retail customers. The company has market cap of $1.24 billion. It accepts various deposit products, including demand checking, NOW, savings, money market, and certificate of deposit accounts. It has a 23.89 P/E ratio. The firm also offers loans, such as first mortgage loans secured by commercial, multi-family, and residential real estate properties; loans to business entities comprising commercial lines of credit; loans to condominium associations; and loans and leases used to finance equipment used by small businesses.

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 $18.0 highest and $12 lowest target. $15.50’s average target is -4.32% below currents $16.2 stock price. Brookline Bancorp had 16 analyst reports since September 3, 2015 according to SRatingsIntel. The stock of Brookline Bancorp, Inc. (NASDAQ:BRKL) has “Buy” rating given on Monday, August 21 by Sandler O’Neill. The stock has “Hold” rating by Piper Jaffray on Monday, October 23. Keefe Bruyette & Woods maintained it with “Hold” rating and $17.5 target in Thursday, December 21 report. Keefe Bruyette & Woods maintained it with “Hold” rating and $18.0 target in Friday, February 2 report. The company was upgraded on Thursday, September 3 by Sandler O’Neill. Keefe Bruyette & Woods maintained Brookline Bancorp, Inc. (NASDAQ:BRKL) rating on Friday, October 13. Keefe Bruyette & Woods has “Hold” rating and $15.5 target. The stock of Brookline Bancorp, Inc. (NASDAQ:BRKL) has “Hold” rating given on Thursday, June 1 by Keefe Bruyette & Woods. The rating was upgraded by Compass Point to “Buy” on Thursday, October 22. Sandler O’Neill downgraded the stock to “Hold” rating in Tuesday, June 7 report. Keefe Bruyette & Woods maintained Brookline Bancorp, Inc. (NASDAQ:BRKL) rating on Tuesday, August 8. Keefe Bruyette & Woods has “Hold” rating and $15.5000 target.

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 Globenewswire.com with their article: “Brookline Bancorp, Inc. Announces Closing of Common Stock Offering” published on May 02, 2017, Seekingalpha.com published: “Brookline Bancorp, An Investment Of The Future” on November 21, 2017. More interesting news about Brookline Bancorp, Inc. (NASDAQ:BRKL) were released by: Globenewswire.com and their article: “Brookline Bancorp, Inc. Announces Third Quarter 2017 Earnings Release Date and …” published on September 27, 2017 as well as Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: Ameriprise Financial, Brookline Bancorp and GEO Group” with publication date: February 13, 2018.

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