Is Brookline Bancorp Inc (NASDAQ:BRKL)’s Fuel Running Low? Reports Show More Sellers

May 18, 2018 - By Susan Price

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.24, from 1.3 in 2017Q3. It is negative, as 21 investors sold Brookline Bancorp, Inc. shares while 50 reduced holdings. 28 funds opened positions while 47 raised stakes. 57.14 million shares or 1.40% less from 57.96 million shares in 2017Q3 were reported.
Hgk Asset Management Inc holds 0.07% or 30,196 shares in its portfolio. Hotchkis & Wiley Capital Mgmt Limited Liability holds 81,458 shares. D E Shaw And Incorporated reported 49,090 shares stake. Prelude Capital Management Ltd Liability Corporation holds 0% in Brookline Bancorp, Inc. (NASDAQ:BRKL) or 1,570 shares. State Of Alaska Department Of Revenue invested in 0.01% or 15,295 shares. Morgan Stanley stated it has 0% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Goldman Sachs owns 0.01% invested in Brookline Bancorp, Inc. (NASDAQ:BRKL) for 2.41M shares. Barclays Public Ltd Co stated it has 11,972 shares or 0% of all its holdings. State Teachers Retirement reported 0.01% of its portfolio in Brookline Bancorp, Inc. (NASDAQ:BRKL). Salzhauer Michael accumulated 30,496 shares or 0.19% of the stock. Public Employees Retirement Of Ohio, Ohio-based fund reported 7,124 shares. Crestwood Advsr Grp Inc Limited Liability Corporation reported 11,494 shares. State Of Tennessee Treasury Department reported 0% stake. Endurance Wealth Mgmt holds 0.07% in Brookline Bancorp, Inc. (NASDAQ:BRKL) or 27,917 shares. Fmr Limited Company, a Massachusetts-based fund reported 956,800 shares.

Since February 5, 2018, it had 0 buys, and 4 insider sales for $784,850 activity. The insider PECK CHARLES H sold 10,000 shares worth $164,300. The insider Fess Darryl J. sold $329,800. The insider Cosman James M sold 12,500 shares worth $209,500.

The stock of Brookline Bancorp Inc (NASDAQ:BRKL) registered an increase of 5.23% in short interest. BRKL’s total short interest was 1.53 million shares in May as published by FINRA. Its up 5.23% from 1.45 million shares, reported previously. With 238,300 shares average volume, it will take short sellers 6 days to cover their BRKL’s short positions. The short interest to Brookline Bancorp Inc’s float is 2.05%.

The stock decreased 0.57% or $0.1 during the last trading session, reaching $17.55. About 56,643 shares traded. Brookline Bancorp, Inc. (NASDAQ:BRKL) has risen 6.60% since May 18, 2017 and is uptrending. It has underperformed by 4.95% 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 $1.41 billion. It accepts various deposit products, including demand checking, NOW, savings, money market, and certificate of deposit accounts. It has a 25.88 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.

More news for Brookline Bancorp, Inc. (NASDAQ:BRKL) were recently published by: Seekingalpha.com, which released: “Brookline Bancorp’s (BRKL) CEO Paul Perrault on Q1 2018 Results – Earnings Call Transcript” on April 29, 2018. Nasdaq.com‘s article titled: “Brookline Bancorp Announces First Quarter Results” and published on April 25, 2018 is yet another important article.

Brookline Bancorp, Inc. (NASDAQ:BRKL) Institutional Positions Chart

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