Bridge Bancorp (NASDAQ:BDGE) Hold Rating Kept Today By KBW; The Price Target is Set to $40.5

April 17, 2018 - By Darrin Black

Investors sentiment decreased to 1.03 in 2017 Q4. 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.

New York State Common Retirement Fund reported 0% of its portfolio in Bridge Bancorp, Inc. (NASDAQ:BDGE). Hotchkis & Wiley Cap Mngmt Limited Co invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Btim reported 176,158 shares. Cornerstone Cap Management Hldgs Limited Liability Co stated it has 18,443 shares. The California-based Schwab Charles Invest Management Incorporated has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Royal Bancshares Of Canada invested in 1,707 shares or 0% of the stock. Washington-based Parametric Port Associates Ltd Limited Liability Company has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). The Manitoba – Canada-based Great West Life Assurance Company Can has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Vanguard Grp Inc accumulated 0% or 795,453 shares. Manufacturers Life Insurance Co The holds 0% or 14,836 shares in its portfolio. Franklin Resource reported 6,993 shares or 0% of all its holdings. The Georgia-based Advisory Ntwk Ltd Com has invested 0.01% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Parallax Volatility Advisers Ltd Partnership invested in 0% or 2,898 shares. Diamond Hill owns 17,480 shares. Bancorp Of New York Mellon Corporation stated it has 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE).

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 on Monday, February 5.

Bridge Bancorp (NASDAQ:BDGE) Rating Reaffirmed

Equity research analysts at KBW now has a $40.5 PT on Bridge Bancorp (NASDAQ:BDGE). KBW and their recent PT means a potential upside of 24.81 % from the company’s current price. The rating has been revealed in an analyst note on Friday, 22 December.

Investors sentiment decreased to 1.03 in 2017 Q4. 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.

New York State Common Retirement Fund reported 0% of its portfolio in Bridge Bancorp, Inc. (NASDAQ:BDGE). Hotchkis & Wiley Cap Mngmt Limited Co invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Btim reported 176,158 shares. Cornerstone Cap Management Hldgs Limited Liability Co stated it has 18,443 shares. The California-based Schwab Charles Invest Management Incorporated has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Royal Bancshares Of Canada invested in 1,707 shares or 0% of the stock. Washington-based Parametric Port Associates Ltd Limited Liability Company has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). The Manitoba – Canada-based Great West Life Assurance Company Can has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Vanguard Grp Inc accumulated 0% or 795,453 shares. Manufacturers Life Insurance Co The holds 0% or 14,836 shares in its portfolio. Franklin Resource reported 6,993 shares or 0% of all its holdings. The Georgia-based Advisory Ntwk Ltd Com has invested 0.01% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Parallax Volatility Advisers Ltd Partnership invested in 0% or 2,898 shares. Diamond Hill owns 17,480 shares. Bancorp Of New York Mellon Corporation stated it has 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE).

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 on Monday, February 5.

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 rating was maintained by Sandler O’Neill on Thursday, February 8 with “Buy”. Hovde Group maintained the stock with “Hold” rating in Wednesday, February 7 report. Keefe Bruyette & Woods maintained Bridge Bancorp, Inc. (NASDAQ:BDGE) rating on Tuesday, February 6. Keefe Bruyette & Woods has “Hold” rating and $36.5 target. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, February 26. The stock of Bridge Bancorp, Inc. (NASDAQ:BDGE) earned “Hold” rating by Keefe Bruyette & Woods on Friday, December 22. Sandler O’Neill maintained Bridge Bancorp, Inc. (NASDAQ:BDGE) rating on Wednesday, January 3. Sandler O’Neill has “Buy” rating and $41.0 target.

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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