Brookline Bancorp Inc. (NASDAQ:BRKL) shares saw strong trading volume on Friday . 509,259 shares traded hands during trading, an increase of 87% from the previous session’s volume of 272,754 shares.The stock last traded at $11.07 and had previously closed at $10.72.

Several analysts have recently weighed in on the stock. Sandler O’Neill lowered shares of Brookline Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, June 7th. American Capital Partners initiated coverage on shares of Brookline Bancorp in a report on Thursday, April 14th. They set a “buy” rating and a $12.50 price objective for the company. Finally, Keefe, Bruyette & Woods raised shares of Brookline Bancorp from a “market perform” rating to an “outperform” rating and set a $13.00 price target on the stock in a research note on Friday. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Brookline Bancorp presently has a consensus rating of “Buy” and a consensus target price of $12.10.

The company has a market cap of $779.31 million and a price-to-earnings ratio of 15.37. The company’s 50 day moving average is $11.16 and its 200-day moving average is $11.01.

Brookline Bancorp (NASDAQ:BRKL) last posted its quarterly earnings data on Wednesday, April 20th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.01. During the same quarter in the prior year, the company posted $0.17 earnings per share. Equities analysts anticipate that Brookline Bancorp Inc. will post $0.74 EPS for the current fiscal year.

In other Brookline Bancorp news, Director Charles H. Peck sold 12,000 shares of the business’s stock in a transaction dated Wednesday, May 18th. The shares were sold at an average price of $11.25, for a total value of $135,000.00. Following the completion of the sale, the director now owns 284,718 shares of the company’s stock, valued at approximately $3,203,077.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

A number of hedge funds have bought and sold shares of the stock. Rhumbline Advisers increased its stake in Brookline Bancorp by 3.2% in the fourth quarter. Rhumbline Advisers now owns 115,793 shares of the company’s stock worth $1,332,000 after buying an additional 3,595 shares in the last quarter. Wells Fargo & Company MN increased its stake in Brookline Bancorp by 4.2% in the fourth quarter. Wells Fargo & Company MN now owns 90,060 shares of the company’s stock worth $1,036,000 after buying an additional 3,599 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in Brookline Bancorp by 9.4% in the fourth quarter. Mutual of America Capital Management LLC now owns 464,704 shares of the company’s stock worth $5,344,000 after buying an additional 39,909 shares in the last quarter. American Century Companies Inc. increased its stake in Brookline Bancorp by 47.2% in the fourth quarter. American Century Companies Inc. now owns 146,247 shares of the company’s stock worth $1,682,000 after buying an additional 46,871 shares in the last quarter. Finally, Matarin Capital Management LLC acquired a new stake in Brookline Bancorp during the fourth quarter worth about $1,384,000.

Brookline Bancorp, Inc operates as a multi-bank holding company for Brookline Bank, a Massachusetts-chartered savings bank; Bank Rhode Island (BankRI), a Rhode Island-chartered financial institution, and First Ipswich Bank (First Ipswich), a Massachusetts-chartered savings bank. The Company’s primary business is to provide commercial, business and retail banking services to its corporate, municipal and individual customers through its banks and non-bank subsidiaries.

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