Home News Business Brookline Bancorp, Inc. (NASDAQ:BRKL) Stock Gets Downgraded By Keefe, Bruyette & Woods

Brookline Bancorp, Inc. (NASDAQ:BRKL) Stock Gets Downgraded By Keefe, Bruyette & Woods

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Analyst Ratings For Brookline Bancorp (NASDAQ:BRKL)

Today, Brookline Bancorp (NASDAQ:BRKL) stock was downgraded by Keefe, Bruyette & Woods from “Outperform” to “Market Perform”.

There are 2 hold ratings, 1 buy rating on the stock.

The current consensus rating on Brookline Bancorp (NASDAQ:BRKL) is Hold (Score: 2.33) with a consensus target price of $13.00 per share, a potential 11.56% downside.

Some recent analyst ratings include

  • 04/27/2017 – Keefe, Bruyette & Woods was Downgraded by analysts at Keefe, Bruyette & Woods from a “Outperform” rating to a ”Market Perform” rating.
  • 01/26/2017 – Compass Point Upgrade from a “Neutral” rating to a ”Buy” rating.
  • 06/07/2016 – Sandler O’Neill was Downgraded by analysts at Sandler O’Neill from a “Buy” rating to a ”Hold” rating.
  • 04/14/2016 – American Capital Partners initiated coverage with a Buy rating.
  • 09/15/2015 – Piper Jaffray Companies initiated coverage with a Neutral rating.

Dividend information for Brookline Bancorp (NASDAQ:BRKL)

Brookline Bancorp (NASDAQ:BRKL) pays an annual dividend of $0.36 with a yield of 2.45%.

Dividend History for Brookline Bancorp (NASDAQ:BRKL)

  • On 04/27/2017 Brookline Bancorp announced a quarterly dividend of $0.09 2.45% with an ex dividend date of 05/10/2017 which will be payable on 05/26/2017.
  • On 01/25/2017 Brookline Bancorp announced a quarterly dividend of $0.09 2.18% with an ex dividend date of 02/8/2017 which will be payable on 02/24/2017.
  • On 10/19/2016 Brookline Bancorp announced a quarterly dividend of $0.09 2.81% with an ex dividend date of 11/02/2016 which will be payable on 11/18/2016.
  • On 07/20/2016 Brookline Bancorp announced a quarterly dividend of $0.09 3.13% with an ex dividend date of 08/03/2016 which will be payable on 08/19/2016.
  • On 04/20/2016 Brookline Bancorp announced a quarterly dividend of $0.09 3.17% with an ex dividend date of 05/04/2016 which will be payable on 05/20/2016.
  • On 01/27/2016 Brookline Bancorp announced a quarterly dividend of $0.09 3.3% with an ex dividend date of 02/10/2016 which will be payable on 02/26/2016.
  • On 10/22/2015 Brookline Bancorp announced a quarterly dividend of $0.09 3.21% with an ex dividend date of 11/04/2015 which will be payable on 11/20/2015.

Recent Insider Trading Activity For Brookline Bancorp (NASDAQ:BRKL)
Brookline Bancorp (NASDAQ:BRKL) has insider ownership of 2.82% and institutional ownership of 77.36%.

  • On 11/23/2016 James M Cosman, COO, sold 12,500 with an average share price of $15.05 per share and the total transaction amounting to $188,125.00. View SEC Filing
  • On 11/22/2016 David C. Chapin, Director, sold 21,402 with an average share price of $14.89 per share and the total transaction amounting to $318,675.78. View SEC Filing
  • On 11/18/2016 James M. Cosman, COO, sold 17,665 with an average share price of $14.93 per share and the total transaction amounting to $263,738.45. View SEC Filing
  • On 08/26/2016 Michael W. Mccurdy, General Counsel, sold 9,200 with an average share price of $11.80 per share and the total transaction amounting to $108,560.00. View SEC Filing
  • On 05/18/2016 Charles H Peck, Director, sold 12,000 with an average share price of $11.25 per share and the total transaction amounting to $135,000.00. View SEC Filing
  • On 05/05/2016 Margaret Boles Fitzgerald, Director, bought 1,500 with an average share price of $11.14 per share and the total transaction amounting to $16,710.00. View SEC Filing
  • On 05/03/2016 Margaret Boles Fitzgerald, Director, bought 2,000 with an average share price of $11.37 per share and the total transaction amounting to $22,740.00. View SEC Filing

About Brookline Bancorp, Inc.

Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island and its subsidiaries; First Ipswich Bank and its subsidiaries, and Brookline Securities Corp. As a commercially-focused financial institution with approximately 50 banking offices in greater Boston, the north shore of Massachusetts and Rhode Island, the Company offers commercial, business and retail banking services, including cash management products, online banking services, consumer and residential loans and investment services in central New England. The Company’s activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in Massachusetts and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.