Brooks Automation, Inc. (BRKS) Shares Sold by Martingale Asset Management L P

Martingale Asset Management L P decreased its stake in Brooks Automation, Inc. (NASDAQ:BRKS) by 20.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 305,066 shares of the semiconductor company’s stock after selling 79,419 shares during the period. Martingale Asset Management L P owned approximately 0.44% of Brooks Automation worth $6,617,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in BRKS. BlackRock Inc. grew its stake in shares of Brooks Automation by 49,535.5% in the first quarter. BlackRock Inc. now owns 8,670,335 shares of the semiconductor company’s stock worth $194,215,000 after acquiring an additional 8,652,867 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Brooks Automation by 146.4% in the first quarter. Ameriprise Financial Inc. now owns 1,794,660 shares of the semiconductor company’s stock worth $40,200,000 after acquiring an additional 1,066,297 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Brooks Automation by 23.7% in the second quarter. Bank of New York Mellon Corp now owns 2,555,177 shares of the semiconductor company’s stock worth $55,421,000 after acquiring an additional 489,434 shares during the last quarter. Bogle Investment Management L P DE acquired a new stake in shares of Brooks Automation in the first quarter worth $7,222,000. Finally, Vanguard Group Inc. grew its stake in shares of Brooks Automation by 4.4% in the first quarter. Vanguard Group Inc. now owns 6,282,912 shares of the semiconductor company’s stock worth $140,738,000 after acquiring an additional 262,325 shares during the last quarter. Institutional investors and hedge funds own 90.44% of the company’s stock.

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Several equities research analysts have recently issued reports on the stock. B. Riley restated a “buy” rating and issued a $34.00 price objective on shares of Brooks Automation in a research note on Thursday, August 3rd. Zacks Investment Research upgraded shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a research note on Friday, August 4th. ValuEngine upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Credit Suisse Group restated a “hold” rating and issued a $26.00 price objective on shares of Brooks Automation in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating and raised their price objective for the stock from $22.00 to $32.00 in a research note on Sunday, August 6th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $27.43.

Shares of Brooks Automation, Inc. (NASDAQ BRKS) opened at 26.82 on Wednesday. The firm’s 50-day moving average is $25.15 and its 200-day moving average is $24.40. The firm has a market cap of $1.80 billion, a P/E ratio of 33.57 and a beta of 1.07. Brooks Automation, Inc. has a 1-year low of $12.22 and a 1-year high of $30.23.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Wednesday, August 2nd. The semiconductor company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.06. The firm had revenue of $181.72 million for the quarter, compared to analyst estimates of $177.40 million. Brooks Automation had a return on equity of 11.25% and a net margin of 8.34%. The company’s revenue for the quarter was up 23.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 EPS. On average, analysts anticipate that Brooks Automation, Inc. will post $1.18 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 8th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.49%. The ex-dividend date is Thursday, September 7th. Brooks Automation’s dividend payout ratio (DPR) is presently 50.00%.

Brooks Automation Profile

Brooks Automation, Inc is a provider of automation and cryogenic solutions for various applications and markets. The Company operates through two segments: Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers critical automated transport, vacuum and contamination controls solutions and services.

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Institutional Ownership by Quarter for Brooks Automation (NASDAQ:BRKS)

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