New Brookline FD Training Tower Construction Underway
Anticipated date of completion of the tower is November, 2018.
Maintenance and classroom facility are anticipated to be ready in April, 2019.
David C. Chapin Sells 5K Shares Of Brookline Bancorp, Inc. (NASDAQ:BRKL) Stock
Brookline Bancorp, Inc. (NASDAQ:BRKL) Director David C. Chapin sold 5,000 shares of the stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $18.01, for a total transaction of $90,050.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed here.
Brookline Bancorp stock traded down $0.10 during trading hours on Friday, hitting $17.70. 624,100 shares of the company traded hands, compared to its average volume of 316,151. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 22.06 and a beta of 0.78. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.25. Brookline Bancorp, Inc. has a 1-year low of $14.45 and a 1-year high of $19.35.
Brookline Bancorp, Inc. (NASDAQ:BRKL) last released its earnings results on Wednesday, July 25th. The bank reported $0.26 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.26. The firm had revenue of $68.24 million for the quarter, compared to analysts’ expectations of $69.40 million. Brookline Bancorp, Inc. had a net margin of 19.97% and a return on equity of 8.53%. research analysts expect that Brookline Bancorp, Inc. will post 1.08 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, August 24th. Shareholders of record on Friday, August 10th were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, August 9th. This represents a $0.40 annualized dividend and a yield of 2.26%. Brookline Bancorp, Inc.’s payout ratio is 50.00%.
A number of analysts recently weighed in on the stock. BidaskClub cut shares of Brookline Bancorp, Inc. from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 30th. Zacks Investment Research raised shares of Brookline Bancorp, Inc. from a “sell” rating to a “hold” rating in a report on Thursday, August 23rd. ValuEngine cut shares of Brookline Bancorp, Inc. from a “buy” rating to a “hold” rating in a report on Wednesday, August 8th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $19.00 price objective on shares of Brookline Bancorp, Inc. in a report on Friday, July 13th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $18.67.
Institutional investors have recently added to or reduced their stakes in the business. Bay Colony Advisory Group, Inc. d b a Bay Colony Advisors acquired a new position in Brookline Bancorp, Inc. during the 2nd quarter valued at about $143,000. Winton Group. Ltd. acquired a new position in shares of Brookline Bancorp, Inc. in the 1st quarter worth approximately $181,000. Eaton Vance Management acquired a new position in shares of Brookline Bancorp, Inc. in the 1st quarter worth approximately $185,000. GSA Capital Partners, LLP acquired a new position in shares of Brookline Bancorp, Inc. in the 2nd quarter worth approximately $214,000. Finally, Winthrop Advisory Group, LLC acquired a new position in shares of Brookline Bancorp, Inc. in the 2nd quarter worth approximately $265,000. 75.80% of the stock is currently owned by hedge funds and other institutional investors.
Brookline Bancorp, Inc. Company Profile
Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. 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.
Say “Hi” To Brookline Police Department Officers At Brookline Day
We hope you will stop by and say hi to our officers at the Brookline Police Department table this Sunday at Brookline Day! We will have cool giveaways and information on upcoming programs.
Web are looking forward to seeing you!
World Premiere Of “The Niceties”
“I’m thrilled to be working at the Huntington – the place where I saw my first plays as a teenager, and the place that gave me my start as a professional playwright through the Huntington Playwriting Fellows program. And I’m extra thrilled to bring this particular play to Boston. A story about academic power and liberal dogmas, about frighteningly smart people and the stories we tell ourselves about history – it’s made for this city.”
Eleanor Burgess
Brookline playwright and former Huntington Playwriting Fellow Eleanor Burgess captures the zeitgeist in her fast-paced and intense new play, The Niceties, now receiving its world premiere by the Huntington Theatre Company at the Calderwood Pavilion at the Boston Center for the Arts. Inspired by a 2015 firestorm at Yale University, her alma mater, Burgess dives head first into the deep end of racial politics in academia, and tackles difficult questions that are most often avoided in discourse in America today. She employs a millennial black student and a 60-year old white professor to effectively argue opposing sides of the debate, but Burgess is smart enough not to choose sides, leaving it up to the audience to contemplate their own thoughts and feelings.
Set at an unnamed elite university in the Northeast in late March, 2016, The Niceties is informed by its time and place. It is primary season, before the presidential nominees were decided, and Burgess allows a bit of nostalgia to sneak into the script when the audience realizes that Zoe (Jordan Boatman) and Janine (Lisa Banes) have yet to learn what we know now. Both women are brilliant liberals who meet in Janine’s office to discuss Zoe’s term paper about the impact of slavery on the American Revolution. What begins as a seemingly benign advisory session evolves into a debate about the merit of Zoe’s work, who determines what is considered history, who is excluded from the discussion, and how white privilege results in power imbalances.
The quality of Burgess’ writing in The Niceties is at an extremely high level. We know at once how smart her characters are by the cogent arguments they deliver, and the conversation flows like a mighty river that has some placid stretches, but roars into the higher stages of whitewater classification as the conflict intensifies. Banes and Boatman are up to the task, both paddling like crazy to get through the rapids without crashing into rocks or being thrown overboard (to continue the metaphor). However, Janine and Zoe are on a treacherous journey that will alter their lives inexorably. Each woman believes in the rightness of her position and staunchly defends it, unprepared for the unforeseen consequences.
Scenic Designer Cameron Anderson’s set is a marvel, its angular white ceiling extending low to meet a long, squat row of built-in bookshelves. In an interview in the program, Anderson explains her process in which she develops “a visual metaphor to express the ideas of the play.” Janine’s office is an attic space that serves to express the tension between the women, while also reflecting how the world is crushing both of them. The all-female design team of Kara Harmon (costume), D. M. Wood (lighting), and Elisheba Ittoop (original music & sound), brought together by Director Kimberly Senior, is poised to create a feminist-centric gestalt which is an essential component of telling this story.
One of the functions of theater is to hold a mirror up to society; to do so in an intelligent and entertaining way is a greater height to scale. Burgess achieves that height and drives a conversation that is a non-starter in our divided society, even among people who are on the same side of the partisan divide. What are we afraid of? Can talking about racism make it worse? We cannot begin to repair the damage and heal the deep wounds if we do not listen to each other. That is just the beginning, and progress may be slow and halting, but standing still means going in reverse. The Niceties is a good place to start.
Written by Eleanor Burgess, Directed by Kimberly Senior; Scenic Design, Cameron Anderson; Costume Design, Kara Harmon; Lighting Design, D. M. Wood; Original Music & Sound Design, Elisheba Ittoop; Production Stage Manager, Emily F. McMullen; Stage Manager, Sam Layco; Fight Consultant, Angie Jepson; Properties Master, Kristine Holmes.
Cast by Lisa Banes, Jordan Boatman.
Performances through October 6 by Huntington Theatre Company, in association with Manhattan Theatre Club and McCarter Theatre Center, at the Calderwood Pavilion, Boston Center for the Arts, 527 Tremont Street, Boston, MA 02116; Box Office 617-266-0800 or huntingtontheatre.org.
Approximate run time: The Niceties plays in approximately 1 hour and 45 minutes, including one 10-minute intermission.
Jewish National Fund Visits Station 5
The Jewish National Fund came to Station 5 to present the members with a photo of the 9/11 Memorial in Jerusalem. They wanted to thank the first responders of Brookline for their service.
The Memorial is the only Outside the United States that has the names of all of the victims and the base of the monument is made from metal recovered from the twin towers.
Be Aware Of Scam Calls
Please be aware of a recent telephone scam where an automated message tells you to call a number to resolve serious allegations against you or you will be taken into custody “by the local cops.”
This is a scam! Do not call the number back!
BPD’s New Chief Of Police Andrew Lipson
We are pleased to announce and introduce our new Chief of Police Andrew Lipson, who was promoted last night from Deputy Superintendent to Chief of Police.
The members of BPD look forward to his new leadership role, and his continued commitment to the citizens of Brookline.
Nine New Officers Graduated From The Northern Essex Community College
Today nine new officers graduated from the Northern Essex Community College, Methuen Police, Municipal Police Academy.
Chief Lipson, Deputy Gropman and Deputy Burke join new officers DaSilva, Hayes, Novak, Rodriquez, Driscoll, Hattori, Mucha-Kangas, Wright and Mady.
Several of them captured here getting their badges pinned. Obviously a proud moment.
Next step they start our in house training program on Monday They will be sworn in at Town Hall next Thursday and hitting the streets shortly after.
All are welcome.
Insider Selling: Brookline Bancorp, Inc. (BRKL) General Counsel Sells $53.7K In Stock
Brookline Bancorp, Inc. (NASDAQ:BRKL) General Counsel Michael W. Mccurdy sold 3,000 shares of Brookline Bancorp, Inc. stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $17.90, for a total transaction of $53,700.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
BRKL stock opened at $17.35 on Friday. Brookline Bancorp, Inc. has a 12 month low of $13.80 and a 12 month high of $19.35. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.17 and a quick ratio of 1.17. The stock has a market cap of $1.41 billion, a P/E ratio of 21.69 and a beta of 0.78.
Brookline Bancorp, Inc. (NASDAQ:BRKL) last released its quarterly earnings results on Wednesday, July 25th. The bank reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. Brookline Bancorp, Inc. had a net margin of 19.97% and a return on equity of 8.53%. The firm had revenue of $68.24 million during the quarter, compared to analysts’ expectations of $69.40 million. research analysts expect that Brookline Bancorp, Inc. will post 1.08 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, August 24th. Investors of record on Friday, August 10th were paid a dividend of $0.10 per share. The ex-dividend date was Thursday, August 9th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.31%. Brookline Bancorp, Inc.’s dividend payout ratio is presently 50.00%.
A number of equities analysts recently commented on BRKL shares. BidaskClub raised shares of Brookline Bancorp, Inc. from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 6th. Zacks Investment Research cut shares of Brookline Bancorp, Inc. from a “hold” rating to a “sell” rating in a research note on Monday, August 6th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.50 price target on shares of Brookline Bancorp, Inc. in a research note on Wednesday, August 8th. Finally, ValuEngine raised shares of Brookline Bancorp, Inc. from a “hold” rating to a “buy” rating in a research note on Wednesday, May 23rd. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of $18.67.
Institutional investors have recently added to or reduced their stakes in the business. Bay Colony Advisory Group, Inc. d.b.a. Bay Colony Advisors purchased a new stake in Brookline Bancorp, Inc. in the 2nd quarter valued at about $143,000. Winton Group, Ltd. purchased a new stake in Brookline Bancorp, Inc. in the 1st quarter valued at about $181,000. Eaton Vance Management purchased a new stake in Brookline Bancorp in the 1st quarter valued at about $185,000. GSA Capital Partners, LLP purchased a new stake in Brookline Bancorp in the 2nd quarter valued at about $214,000. Finally, Winthrop Advisory Group, LLC purchased a new stake in Brookline Bancorp, Inc. in the 2nd quarter valued at about $265,000. 76.28% of the stock is owned by institutional investors.
Brookline Bancorp, Inc. Company Profile
Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. 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.
Brookline Bancorp, Inc. (BRKL) Downgraded By BidaskClub To Sell
Brookline Bancorp, Inc. (NASDAQ:BRKL) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Thursday, August 30th.
Several other equities analysts have also issued reports on BRKL. Zacks Investment Research lowered Brookline Bancorp, Inc. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 3rd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $19.00 target price on shares of Brookline Bancorp, Inc. in a research note on Friday, July 13th. Finally, ValuEngine lowered Brookline Bancorp, Inc. from a “buy” rating to a “hold” rating in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $18.67.
Shares of NASDAQ BRKL traded down $0.15 during mid-day trading on Thursday, reaching $17.35. 292,800 shares of the company’s stock were exchanged, compared to its average volume of 316,502. The stock has a market cap of $1.44 billion, a PE ratio of 21.69 and a beta of 0.78. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.25. Brookline Bancorp, Inc. has a 52-week low of $13.80 and a 52-week high of $19.35.
In other news, Director David C. Chapin sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of $18.01, for a total transaction of $90,050.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website here. Also, General Counsel Michael W. Mccurdy sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $17.90, for a total value of $53,700.00. The disclosure for this sale can be found here. Insiders sold a total of 15,250 shares of company stock worth $275,853 in the last ninety days. 2.51% of the stock is owned by corporate insiders.
Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock, Inc. raised its position in shares of Brookline Bancorp, Inc. by 11.5% during the 2nd quarter. BlackRock, Inc. now owns 11,150,005 shares of the bank’s stock worth $207,391,000 after acquiring an additional 1,148,782 shares in the last quarter. Jennison Associates, LLC raised its position in shares of Brookline Bancorp, Inc. by 11.4% during the 2nd quarter. Jennison Associates, LLC now owns 2,076,907 shares of the bank’s stock worth $38,630,000 after acquiring an additional 213,297 shares in the last quarter. Renaissance Technologies, LLC raised its position in shares of Brookline Bancorp, Inc. by 10.9% during the 2nd quarter. Renaissance Technologies, LLC now owns 1,537,000 shares of the bank’s stock worth $28,588,000 after acquiring an additional 150,600 shares in the last quarter. Northern Trust Corp. grew its stake in Brookline Bancorp, Inc. by 0.5% during the 1st quarter. Northern Trust Corp. now owns 1,474,040 shares of the bank’s stock worth $23,880,000 after buying an additional 7,753 shares during the last quarter. Finally, FMR, LLC grew its stake in Brookline Bancorp, Inc. by 2.4% during the 2nd quarter. FMR, LLC now owns 995,200 shares of the bank’s stock worth $18,511,000 after buying an additional 23,200 shares during the last quarter. 76.28% of the stock is currently owned by institutional investors and hedge funds.
Brookline Bancorp, Inc. Company Profile
Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. 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.
This Brookline Resident Turned The Town’s Abrasive Turkeys Into Art
They often strike fear into the hearts of those who come across them: feathered foes known to attack people’s cars, chase down residents, and linger in the streets.
But the turkeys that inhabit Brookline have also become part of the fabric of the community over the years. And for artist and illustrator Caroline Barnes, their presence around town is inspirational — despite the many complaints people may have.
“You either love them or hate them,” said Barnes, who admits that she falls within the “love” category. “I am one of those people that if I see them, I have to stop and have a chat. People will stop and say hello to dogs, and talk to dogs in a dog voice. I talk to the turkeys in a turkey voice.”
For more than a year, Barnes has been using the turkeys she runs into around town as her muse, creating colorful works of art based on her interactions.
Fireman’s Prayer In Remembrance Of 9-11
FIREMAN’S PRAYER
When I am called to duty God,
Where-ever flames may rage,
Give me strength to save some life,
What ever be it’s age.
Help me embrace a little child,
Before it is too late,
Or save an older person from
The horror of that fate.
Enable me to be alert and to hear the
weakest shout,
And quickly and efficiently,
To put the fire out.
I want to fill my calling and
To give the best in me,
To guard my every neighbour and
Protect his property.
And if according to my fate,
I am to lose my life,
Please bless with your protective hand,
My children and my wife.
Boston Archdiocese Removes Nigerian Priest From Ministry After Sexual Abuse Allegation
The Archdiocese of Boston has removed a Nigerian priest residing at a Brookline church from ministry after receiving an allegation of sexual abuse of a child.
Rev. Christian Ohazulume, an extern priest from Nigeria, pleaded not guilty to three counts of aggravated assault and battery on a child under 14 in Quincy District Court on Tuesday, according to Norfolk District Attorney Michael W. Morrissey.
Ohazulume was ordered held on $5,000 bail. The assistant district attorney requested he not be allowed to travel outside of Massachusetts, that he have no unsupervised contact with any minors, that he stay away from and have no contact with the victim or her family, and be subject to GPS monitoring if released.
Ohazulume has resided at St. Mary of the Assumption Parish in Brookline since 2010, where he has assisted in celebrating Mass and hearing confessions. He has also been employed as a chaplain at Beth Israel Deaconess Medical Center since 2010.
The allegation of sexual abuse reportedly occurred in Randolph in 2007, when Ohazulume was living with a family after arriving in the U.S.
The Archdiocese said it learned of the allegation on Aug. 31 and immediately notified law enforcement.
According to the Archdiocese, it has been in contact with Ohazulume’s home Diocese in Nigeria and notified them of the allegation. As a result, his faculties to minister have been withdrawn.
Ohazulume was represented at the arraignment by defense Attorney Bethany Rogers. He is due back in court Nov. 13 for a probable cause hearing.
The Archdiocese said in a statement it is “committed to ensuring the safety and well-being of children and young people in our parishes and institutions.” They said they continue to make counseling services available to survivors and their families impacted by clergy sexual abuse.
Carbon Monoxide Leak Forces BU Students Out Of Residence In Brookline
A Boston University residence in Brookline was evacuated early Tuesday morning after firefighters found “high levels” of carbon monoxide inside, officials said.
Firefighters responded to the house at 150 Mountfort Street around 12:20 a.m. after receiving a report that a carbon monoxide detector in the house had been activated, a Brookline Fire Department spokesman said.
Based on the results of the Fire Department’s investigation, the source of the carbon monoxide appeared to be a burning cable underground, Brookline Fire Chief John F. Sullivan said.
Crews from Eversource, the house’s energy provider, arrived at the scene and began working to find the source of the burning cable so that they could shut down the power to it, Sullivan said.
Carbon monoxide (CO) is a colorless, odorless, and tasteless gas that is slightly less dense than air. It is toxic to hemoglobic animals (both invertebrate and vertebrate, including humans) when encountered in concentrations above about 35 ppm, although it is also produced in normal animal metabolism in low quantities, and is thought to have some normal biological functions. In the atmosphere, it is spatially variable and short lived, having a role in the formation of ground-level ozone.
Carbon monoxide consists of one carbon atom and one oxygen atom, connected by a triple bond that consists of two covalent bonds as well as one dative covalent bond.
U.S. Marks The 17th Anniversary Of 9/11 With Somber Tributes & A New Monument
Americans are commemorating 9/11 with somber tributes, volunteer projects and a new monument to victims, after a year when two attacks demonstrated the enduring threat of terrorism in the nation’s biggest city.
Thousands of 9/11 victims’ relatives, survivors, rescuers and others are expected at Tuesday’s anniversary ceremony at the World Trade Center, while President Donald Trump and Vice President Mike Pence will head to the two other places where hijacked planes crashed on Sept. 11, 2001, in the deadliest terror attack on American soil.
The president and first lady Melania Trump plan to join an observance at the Sept. 11 memorial in a field near Shanksville, Pennsylvania, where a new “Tower of Voices” was dedicated Saturday. Pence is attending a ceremony at the Pentagon. Trump, a Republican and native New Yorker, took the occasion of last year’s anniversary to issue a stern warning to extremists that “America cannot be intimidated.”
Nearly 3,000 people died in the attacks on 9/11, when international terrorism hit home in a way it previously had not for many Americans. Sept. 11 still shapes American policy, politics and everyday experiences in places from airports to office buildings, even if it’s less of a constant presence in the public consciousness after 17 years.
A stark reminder came not long after last year’s anniversary: A truck mowed down people, killing eight, on a bike path within a few blocks of the World Trade Center on Halloween.
In December, a would-be suicide bomber set off a pipe bomb in a subway passageway near Times Square, authorities said. They said suspects in both attacks were inspired by the Islamic State extremist group.
The 9/11 commemorations are by now familiar rituals, centered on reading the names of the dead. But each year at ground zero, victims’ relatives infuse the ceremony with personal messages of remembrance, concern and inspiration.
Hours after the ceremony, two powerful light beams will soar into the night sky from lower Manhattan in the annual “Tribute in Light.”
Memorials to 9/11 continue to grow at Shanksville, where the Tower of Voices will eventually include a wind chime for each of the 40 people killed there, and ground zero, where work is to begin soon on a pathway honoring rescue and recovery workers.
It will serve as a way to honor those who became sick or died from exposure to toxins released when the Trade Center’s twin towers collapsed.
Brookline Bancorp, Inc. (NASDAQ:BRKL) Insider James M. Cosman Sells 2,750 Shares
Brookline Bancorp, Inc. (NASDAQ:BRKL) insider James M. Cosman sold 2,750 shares of the company’s stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $18.01, for a total transaction of $49,527.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available here.
Brookline Bancorp, Inc. stock opened at $18.00 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 19.35 and a beta of 0.78. Brookline Bancorp, Inc. has a twelve month low of $13.65 and a twelve month high of $19.35.
Brookline Bancorp, Inc. (NASDAQ:BRKL) last posted its quarterly earnings results on Wednesday, July 25th. The bank reported $0.26 earnings per share for the quarter, hitting the consensus estimate of $0.26. The business had revenue of $68.24 million during the quarter, compared to the consensus estimate of $69.40 million. Brookline Bancorp, Inc. had a net margin of 19.97% and a return on equity of 8.53%. equities analysts anticipate that Brookline Bancorp, Inc. will post 1.08 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 24th. Shareholders of record on Friday, August 10th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Thursday, August 9th. Brookline Bancorp, Inc.’s dividend payout ratio is presently 50.00%.
BRKL has been the subject of several research reports. BidaskClub lowered shares of Brookline Bancorp, Inc. from a “buy” rating to a “hold” rating in a research report on Monday, May 14th. Zacks Investment Research upgraded shares of Brookline Bancorp, Inc. from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Wednesday, May 16th. ValuEngine upgraded shares of Brookline Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, May 23rd. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $19.00 target price on shares of Brookline Bancorp, Inc. in a research report on Friday, July 13th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $18.67.
Institutional investors have recently bought and sold shares of the business. Bay Colony Advisory Group, Inc. d b a Bay Colony Advisors bought a new stake in Brookline Bancorp, Inc. in the second quarter worth $143,000. WINTON GROUP, Ltd. bought a new stake in Brookline Bancorp, Inc. in the first quarter worth $181,000. Eaton Vance Management bought a new stake in Brookline Bancorp, Inc. in the first quarter worth $185,000. GSA Capital Partners, LLP bought a new stake in Brookline Bancorp, Inc. in the second quarter worth $214,000. Finally, Winthrop Advisory Group, LLC bought a new position in shares of Brookline Bancorp, Inc. during the second quarter valued at about $265,000. 76.28% of the stock is owned by institutional investors and hedge funds.
Brookline Bancorp, Inc. Company Profile
Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. 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.
JFK House Celebrates Rosemary Kennedy’s 100th Birthday
The boyhood home of President John F. Kennedy in Massachusetts is celebrating the 100th birthday of his oldest sister, Rosemary Kennedy.
The John Fitzgerald Kennedy National Historic Site is marking September 13 with a talk and book signing by Kate Clifford Larson, author of “Rosemary: The Hidden Kennedy Daughter.”
Guided tours and a film will also touch on Rosemary’s early life.
Rosemary Kennedy was Joseph and Rose Kennedy’s first daughter. She was born with intellectual disabilities and underwent a failed lobotomy ordered by her father.
Kennedy spent much of her life institutionalized in Wisconsin and her family rarely discussed her publicly. She died in 2005 in Wisconsin at the age of 86.
Brookline Bancorp (NASDAQ:BRKL) Upgraded By Zacks Investment Research To “Hold”
Several other research analysts have also recently weighed in on BRKL. BidaskClub upgraded Brookline Bancorp, Inc. from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 6th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $18.50 target price on shares of Brookline Bancorp in a research report on Wednesday, August 8th. Finally, ValuEngine raised Brookline Bancorp, Inc. from a “hold” rating to a “buy” rating in a research report on Wednesday, May 23rd. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. Brookline Bancorp, Inc. presently has a consensus rating of “Hold” and a consensus target price of $18.67.
Shares of NASDAQ:BRKL traded down $0.05 during trading on Thursday, reaching $17.95. 5,588 shares of the company’s stock traded hands, compared to its average volume of 248,787. Brookline Bancorp, Inc. has a fifty-two week low of $13.63 and a fifty-two week high of $19.35. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $1.46 billion, a PE ratio of 22.56 and a beta of 0.78.
Brookline Bancorp, Inc. (NASDAQ:BRKL) last posted its quarterly earnings data on Wednesday, July 25th. The bank reported $0.26 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.26. Brookline Bancorp, Inc. had a return on equity of 8.53% and a net margin of 19.97%. The company had revenue of $68.24 million for the quarter, compared to analysts’ expectations of $69.40 million. sell-side analysts expect that Brookline Bancorp will post 1.08 earnings per share for the current fiscal year.
In other Brookline Bancorp news, Director David C. Chapin sold 5,000 shares of the company’s stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $18.01, for a total value of $90,050.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider James M. Cosman sold 2,750 shares of the company’s stock in a transaction on Thursday, August 16th. The shares were sold at an average price of $18.01, for a total transaction of $49,527.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,250 shares of company stock valued at $222,153. Insiders own 2.51% of the company’s stock.
Several large investors have recently made changes to their positions in BRKL. BlackRock, Inc. raised its holdings in shares of Brookline Bancorp by 11.5% in the second quarter. BlackRock, Inc. now owns 11,150,005 shares of the bank’s stock valued at $207,391,000 after buying an additional 1,148,782 shares during the last quarter. Polaris Capital Management, LLC raised its holdings in Brookline Bancorp, Inc. by 35.7% during the first quarter. Polaris Capital Management, LLC now owns 1,558,950 shares of the bank’s stock worth $25,255,000 after purchasing an additional 410,258 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Brookline Bancorp, Inc. by 118.2% during the first quarter. The Manufacturers Life Insurance Company now owns 674,005 shares of the bank’s stock worth $10,919,000 after purchasing an additional 365,118 shares in the last quarter. Boston Advisors, LLC raised its holdings in Brookline Bancorp, Inc. by 324.6% during the second quarter. Boston Advisors, LLC now owns 365,148 shares of the bank’s stock worth $6,792,000 after purchasing an additional 279,155 shares in the last quarter. Finally, Chicago Equity Partners, LLC purchased a new position in Brookline Bancorp, Inc. during the second quarter worth about $4,550,000. 76.28% of the stock is owned by institutional investors and hedge funds.
Brookline Bancorp, Inc. Company Profile
Brookline Bancorp, Inc. operates as a multi-bank holding company for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. 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.
Brookline Emergency Management Volunteer Opportunities
The Brookline Medical Reserve Corps (MRC) and Brookline Community Emergency Response Team (CERT) invite new volunteers to join more than 300 medical and non-medical Brookline emergency response volunteers. Brookline MRC and CERT volunteers are neighbors preparing to help neighbors.
Join us on Thursday, September 13th from 6:00 p.m. – 7:30 p.m. for a short informational session, and meet current Brookline MRC and CERT volunteers. Light refreshments will be served. We will meet in the Denny Room (lower level) of the Health Department Building, 11 Pierce Street, Brookline 02445.
The purpose of both the Brookline MRC and CERT programs is to provide volunteer services to assist Brookline during emergencies or disasters. Volunteers also assist with various events held in town throughout the year, including the Boston Marathon and annual seasonal flu clinics. Free training is offered on topics focused on emergency preparedness and response; some trainings offer nursing and EMT continuing education credits. MRC and CERT programs are part of the federal Citizen Corps program.
To learn more about Brookline MRC, please visit www.BrooklineMRC.org. If you have questions, please email mrc@brooklinema.gov or call 617-730-2656.
To learn more about Brookline CERT, please visit the Brookline Police Department website or contact Officer Casey Hatchett, CERT Coordinator, at 617-730-2734, chatchett@brooklinema.gov.
Police Blotter
Tuesday, Aug. 28
Blocking driveways on Hedge Road: At 10:31 a.m. a caller reported that vehicles parked on both sides of the road were blocking driveways.
Fed Ex truck blocking traffic on Centre Street: At 1:27 p.m. a caller reported that a Fed Ex truck was blocking traffic and cars in spots in the Centre Street West parking lot.
Wednesday, Aug. 29
Homeless person on Kent Street: At 6:50 a.m. a caller reported that a homeless man was sleeping in the parking spots and would like him moved along.
Political rantings on St. Paul Street: At 9:49 a.m. a caller reported finding a suspicious note with political rantings near Knyvet Square, which was displayed for passersby to see. The caller believed it was suspicious.
Threatening note on Freeman Street: At 11:24 a.m. a caller reported finding a note threatening the Trump administration.
Unwanted swimmer on Green Street: At 5:12 p.m. a caller requested helped with closing a pool on Green Street as a man had tried to attack a lifeguard.
Thursday, Aug. 30
Soccer net damage on Cypress field: At 2:51 a.m. police received a report that a group of four people was damaging the soccer nets.
Mysterious napper on Sewall Avenue: At 6:23 a.m. a caller reported a woman asleep on the back deck.
Homeless man in Lawrence playground: At 8:58 a.m. police received a report of a homeless man asleep under the trees.
Strange smell on Marion Street: At 11:21 a.m. a caller reported that a unit on her floor had a strange smell – like vomit – coming from it.
Suspicious vehicle on Fuller Street: At 7:08 p.m. a caller reported that a sedan had been parked for at least an hour and that the man inside appeared to be singing or talking to himself. The caller said this happened last week as well.
Teens listening to loud music in the Baker School playground: At 8:12 p.m. a caller reported that five to eight teenagers were loitering on the Baker School playground and were listening to loud music. The caller said it seemed unusual.
Friday, Aug. 31
Leaf blower on Warren Street: At 2:20 p.m. a caller reported that a landscaper “blew his leafblower” at her, which she believed was intentional. There were no injuries.
Looking for Herbie Hancock on Cameron Street: At 4:30 p.m. a caller reported that a man approached the caller and her friend, asked to use their cell phone and said he needed to speak with Herbie Hancock, the jazz artist.
Saturday, Sept. 1
Loud basketball on Dummer Street: At 1:56 a.m. a caller reported three males playing basketball and talking loudly.
Stolen couch on Babcock Street: At 11:13 a.m. a caller reported that a couch was stolen from outside their apartment door. Later in the day the caller reported finding her couch in another apartment. The resident said his roommates must have brought it in and the caller insisted it was her couch, according to the report.
Sunday, Sept. 2
Lime Bikes on Cypress Street/Walnut Street: At 4:25 p.m. a caller reported that two Lime Bikes were in the middle of the sidewalk, not chained to anything and that there was no one around to claim them.
Dine and dash on Commonwealth Avenue: At 4:58 police received a notification from Boston Police that a family had left the Sunset Cantina without paying their $100+ bill after being disgruntled about service.
Youths at Downes Field: At 10:17 p.m. a caller requested that police inform the youth at the field that the park was closed.
Monday, Sept. 3
Break and enter into a vehicle on Jenness Road: At 10:49 a.m. police received a report that a vehicle had been broken into. This was one of 13 vehicle break and enters reported on Monday. The break and enters took place on Jenness Road, Summit Avenue and Jordan Road.
Brookline Teacher Larry Chen May Lose Job After Letting Students Play “Halo” In Homeroom
A teacher could potentially be fired after it was discovered he let his students play the video game “Halo” in homeroom last school year.
Heath Elementary School social studies teacher Larry Chen received a “notice of intent to terminate” from Brookline Public Schools Superintendent Andrew Bot. Chen will not be in class Thursday, the first day of classes, according to NBC10 Boston.
According to the television station, a hearing was held Wednesday to determine if Chen could resume teaching at the school, but no decision was made.
In a statement provided to NBC10 Boston, the school district said, “The ‘Halo’ video games were not in any way part of or connected to the sixth-grade curriculum and the Public Schools of Brookline does not endorse or condone this activity for students in school.”
Restored Brookline Mansion With 6 Fireplaces On Sale For $5.5M
The 17-room, 8,475-square-foot mansion at 294 Buckminster Road in Brookline’s Fisher Hill neighborhood dates from 1900, but the expanse was thoroughly renovated in 2014.
It is on sale now through Compass for $5.5 million, making it one of the pricier single-family listings to debut in the Boston area in a while.
The house offers original period details, and the architecture is “Jacobethan influenced,” per the listing—basically a branch of Tudor. There are six and a half bathrooms, a three-car garage, six fireplaces, a two-story foyer, and the potential for six bedrooms.
The mansion’s nearly two-thirds of an acre is landscaped, too.
Google Doodle Celebrates America’s Workers On Labor Day 2018
Google Doodle did not take the day off Monday, when it hailed the American worker on Labor Day.
It has been a federal holiday since 1894 – when it was signed into law by President Grover Cleveland – and Americans traditionally celebrate by holding barbecues and parades, going on picnics, attending block parties and taking trips to the beach.
Labor Day in the United States of America is a public holiday celebrated on the first Monday in September. It honors the American labor movement and the contributions that workers have made to the strength, prosperity, laws, and well-being of the country. It is the Monday of the long weekend known as Labor Day Weekend. It is recognized as a federal holiday.
Beginning in the late 19th century, as the trade union and labor movements grew, trade unionists proposed that a day be set aside to celebrate labor. “Labor Day” was promoted by the Central Labor Union and the Knights of Labor, which organized the first parade in New York City. In 1887, Oregon was the first state of the United States to make it an official public holiday. By the time it became an official federal holiday in 1894, thirty states in the United States officially celebrated Labor Day.
Both Peter J. McGuire, cofounder of the American Federation of Labor, and Matthew Maguire, a secretary of the Central Labor Union, have been credited with first proposing the holiday.
“Today’s Doodle honors all hard-working people—whether they be doctors, cooks, plumbers, construction workers, or of any other profession,” Google said.
13 Car Break-Ins Reported in Brookline
According to police, 13 cars were reportedly broken into Sunday night in Brookline, Massachusetts.
The area affected was around Summit Avenue and Jordan Road near the Brighton line, police said.
Most of the vehicles that were broken into were left unlocked.
According to police, the thieves were looking for loose change.
Anyone with information is encouraged to call Officer Tim Stephenson 617-730-2184 or e-mail tstephenson@brooklinema.gov.
All tips will be kept confidential.
Brookline Doctor Jailed Over Court Debt Released After Filing For Bankruptcy
A doctor from Brookline who was jailed Tuesday over a court debt was released Thursday evening.
Dr. Nataly Minkina was sent to jail for contempt after failing to pay a $78,000 court sanction. But she owes $250,000, stemming from fees she was ordered to pay her former attorneys five years ago after a malpractice lawsuit she had filed against them was deemed by a judge to be frivolous. The fees are the legal costs that the law firm — then called Rodgers, Powers & Schwartz — incurred defending itself in the malpractice case. The judgment now includes interest on those fees.
Minkina was released because she applied for Chapter 13 bankruptcy protection.
“What Chapter 13 does is it provides individuals who have income, and an ability to repay a portion of their debts over time, the ability to fashion a plan that would allow them to do that,” says Ryan Sullivan, Minkina’s bankruptcy attorney.
The federal bankruptcy filing puts a temporary stop to the state court action to collect the debt.
“The purpose of it is to put the brakes on,” Sullivan explains. “It gives the debtor the chance to breathe, and through the Chapter 13 process, be able to process claims in an organized fashion.”
Minkina has been representing herself in the collections case, saying she can no longer afford an attorney. She has filed continuous motions and appeals to fight the court’s attempts to collect the money, but more recently applied to refinance the home she owns with her husband in an attempt to get the $78,000 — which the court planned to put in escrow.
The court has been garnishing Minkina’s wages — $2,250 per month — for two years. It has also made her pay more than $40,000 in legal fees charged by the lawyer who is representing her former attorneys. That attorney, Dana Casher, says Minkina is abusing the courts.
An order issued Thursday by the Norfolk County Superior Court judge currently presiding over the collections case, Diane Freniere, called for Minkina’s release from jail. But it also ordered all the parties in the case to appear at a hearing on Sept. 6 to “further consider” whether the federal law surrounding automatic stays, or injunctions, applies to the state court’s civil contempt order.
Sept. 6 Update: A judge in United States Bankruptcy Court in Boston has issued a stay on all collections and contempt proceedings against Minkina in Norfolk County Superior Court.
That means those civil actions are halted as Minkina’s bankruptcy case proceeds.
The attorney representing the former Rodgers, Powers & Schwartz had opposed the stay of the contempt proceedings, but the federal judge ruled that those fall within the overall collections case.
Brookline Girls Deliver Petition Urging Dunkin’ Donuts To Get Rid Of Plastic Straws
Two Brookline girls looking to help the environment gathered more than 100,000 signatures petitioning Dunkin’ Donuts to get rid of plastic straws.
Sophia Cukras and Amanda He started the petition after being moved by a video of a plastic straw that had to be removed from a sea turtles nose.
“We’ve learned that plastic has been getting into the oceans and instead of decomposing, plastic stays there,” Cukras said.
The pair delivered 162,000 signatures to the Dunkin’ Donuts headquarters in Canton, which urges the fast food restaurant chain to change their straw ways.
“They said they were trying to improve the environment and they made changes that aren’t necessarily visible,” Cukras said after visiting with Dunkin’ Donuts leaders.
The company released a statement that reads in part: “Dunkin’ Donuts is committed to making improvements to our packaging that makes sense for the planet and for our customers. We are constantly evaluating all of our packaging including plastic straws.”
Cukras and He hope their actions will inspire more kids to speak up for what they believe in.
Brookline Police Department 2018 Mid-Year Review
The Brookline Police Department is pleased to release its 2018 Mid-Year Report, which covers crime in the first six months of the year, race/gender interactions related to arrests, field interviews, moving violations and citizen complaints and includes various reports and updates from Divisions and specialty units within the Department.
Of particular note, in the first half of 2018, there were a total of 335 Part A crimes in Brookline, down 4% from the 348 Part A crimes during the same period in 2017. Of the 335 crimes, there were 50 cases cleared by arrest, 66 cleared by court action, 40 cleared exceptionally, 11 cleared other means, resulting in a 50% clearance of crimes for the year.
The report could be accessed in its full here.
Brookline Number One Safest College Town
Independent review site “Safewise” has put together a list of the top 50 safest college towns in the US.
According to the site, the number one safest college town on the list is Brookline, Massachusetts, followed by Deerfield, Illinois and Rexburg, Idaho.
Nineteen of the cities on the list reported 25 or fewer violent crimes, and 88-percent of the reported fewer than 100 total violent crimes.
To see the full list, please visit here.
