24.81 % to Target, KBW Reiterates ‘”Hold”’ Rating on Bridge Bancorp (NASDAQ:BDGE) Shares Today

April 17, 2018 - By Marie Mckinney

Investors sentiment decreased to 1.03 in Q4 2017. Its down 0.69, from 1.72 in 2017Q3. It is negative, as 2 investors sold Bridge Bancorp, Inc. shares while 32 reduced holdings. 11 funds opened positions while 24 raised stakes. 11.14 million shares or 0.46% less from 11.19 million shares in 2017Q3 were reported.

Kennedy Capital reported 0.11% stake. State Street stated it has 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Diamond Hill Mngmt reported 0% stake. Dimensional Fund Advsrs L P has invested 0.01% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Credit Suisse Ag reported 15,527 shares. 6,239 were accumulated by Metropolitan Life Insurance Co New York. Ejf Cap Ltd Liability accumulated 129,791 shares. State Board Of Administration Of Florida Retirement System has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Legal General Grp Public Ltd reported 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Btim Corporation reported 0.09% stake. Millennium Mngmt Ltd holds 0% of its portfolio in Bridge Bancorp, Inc. (NASDAQ:BDGE) for 7,844 shares. Minnesota-based Us Retail Bank De has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Citigroup accumulated 4,419 shares. Citadel Advsr Lc holds 0% or 10,756 shares. 45,761 were accumulated by Tiaa Cref Mgmt Ltd Liability.

Since February 5, 2018, it had 4 insider purchases, and 0 selling transactions for $1.63 million activity. Shares for $207,462 were bought by McCOY JR. ALBERT E.

Bridge Bancorp (NASDAQ:BDGE) Rating Reaffirmed

In analysts report sent to investors this morning, KBW reconfirmed their “Hold” rating on Bridge Bancorp (NASDAQ:BDGE) shares. The price target suggests a possible upside of 24.81 % from company’s previous stock close.

Investors sentiment decreased to 1.03 in Q4 2017. Its down 0.69, from 1.72 in 2017Q3. It is negative, as 2 investors sold Bridge Bancorp, Inc. shares while 32 reduced holdings. 11 funds opened positions while 24 raised stakes. 11.14 million shares or 0.46% less from 11.19 million shares in 2017Q3 were reported.

Kennedy Capital reported 0.11% stake. State Street stated it has 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Diamond Hill Mngmt reported 0% stake. Dimensional Fund Advsrs L P has invested 0.01% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Credit Suisse Ag reported 15,527 shares. 6,239 were accumulated by Metropolitan Life Insurance Co New York. Ejf Cap Ltd Liability accumulated 129,791 shares. State Board Of Administration Of Florida Retirement System has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Legal General Grp Public Ltd reported 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Btim Corporation reported 0.09% stake. Millennium Mngmt Ltd holds 0% of its portfolio in Bridge Bancorp, Inc. (NASDAQ:BDGE) for 7,844 shares. Minnesota-based Us Retail Bank De has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Citigroup accumulated 4,419 shares. Citadel Advsr Lc holds 0% or 10,756 shares. 45,761 were accumulated by Tiaa Cref Mgmt Ltd Liability.

Since February 5, 2018, it had 4 insider purchases, and 0 selling transactions for $1.63 million activity. Shares for $207,462 were bought by McCOY JR. ALBERT E.

Bridge Bancorp, Inc. (NASDAQ:BDGE) Ratings Coverage

Among 3 analysts covering Bridge Bancorp (NASDAQ:BDGE), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Bridge Bancorp has $41.0 highest and $35.0 lowest target. $36.67’s average target is 13.00% above currents $32.45 stock price. Bridge Bancorp had 6 analyst reports since December 22, 2017 according to SRatingsIntel. The stock of Bridge Bancorp, Inc. (NASDAQ:BDGE) has “Buy” rating given on Thursday, February 8 by Sandler O’Neill. The firm earned “Hold” rating on Wednesday, February 7 by Hovde Group. The rating was maintained by Keefe Bruyette & Woods on Tuesday, February 6 with “Hold”. As per Wednesday, January 3, the company rating was maintained by Sandler O’Neill. Keefe Bruyette & Woods maintained Bridge Bancorp, Inc. (NASDAQ:BDGE) rating on Friday, December 22. Keefe Bruyette & Woods has “Hold” rating and $40.5 target. Keefe Bruyette & Woods maintained it with “Hold” rating and $35.0 target in Monday, February 26 report.

The stock decreased 0.46% or $0.15 during the last trading session, reaching $32.45. About 22,644 shares traded. Bridge Bancorp, Inc. (NASDAQ:BDGE) has declined 2.05% since April 17, 2017 and is downtrending. It has underperformed by 13.60% the S&P500.

Bridge Bancorp, Inc. operates as the bank holding firm for the BNB Bank that provide commercial and consumer banking services and products to small businesses, and municipal and consumer relationships. The company has market cap of $641.54 million. It accepts time, savings, and demand deposits. It has a 31.2 P/E ratio. The firm offers commercial real estate, multi-family mortgage, residential mortgage, secured and unsecured commercial and consumer, home equity, and construction loans; and mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities.

Bridge Bancorp, Inc. (NASDAQ:BDGE) Institutional Positions Chart

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