Bokf Na raised its holdings in Brooks Automation, Inc (NASDAQ:BRKS) by 54.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,281 shares of the semiconductor company’s stock after buying an additional 9,618 shares during the period. Bokf Na’s holdings in Brooks Automation were worth $715,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of BRKS. Mirae Asset Global Investments Co. Ltd. increased its stake in Brooks Automation by 8,048.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,802,329 shares of the semiconductor company’s stock valued at $63,132,000 after buying an additional 1,780,209 shares during the last quarter. Federated Investors Inc. PA increased its stake in Brooks Automation by 104,207.7% in the 3rd quarter. Federated Investors Inc. PA now owns 996,139 shares of the semiconductor company’s stock valued at $34,895,000 after buying an additional 995,184 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in Brooks Automation by 35.1% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,116,115 shares of the semiconductor company’s stock valued at $81,580,000 after buying an additional 809,567 shares during the last quarter. FMR LLC acquired a new stake in Brooks Automation in the 3rd quarter valued at $28,276,000. Finally, Oregon Public Employees Retirement Fund acquired a new stake in Brooks Automation in the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 98.27% of the company’s stock.
BRKS has been the topic of several recent research reports. B. Riley lowered their price target on shares of Brooks Automation from $45.00 to $42.00 and set a “buy” rating on the stock in a research note on Tuesday, November 20th. Citigroup lowered their price target on shares of Brooks Automation from $41.00 to $33.00 and set a “buy” rating on the stock in a research note on Wednesday, November 21st. ValuEngine raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a research report on Tuesday, November 27th. BidaskClub raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a research report on Wednesday, February 20th. Finally, Zacks Investment Research raised shares of Brooks Automation from a “strong sell” rating to a “hold” rating in a research report on Monday, February 4th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $37.00.
Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings data on Tuesday, February 5th. The semiconductor company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.05. Brooks Automation had a net margin of 14.86% and a return on equity of 11.80%. The company had revenue of $179.37 million during the quarter, compared to the consensus estimate of $174.46 million. During the same quarter last year, the firm posted $0.09 EPS. The company’s quarterly revenue was up 25.8% on a year-over-year basis. On average, research analysts forecast that Brooks Automation, Inc will post 0.75 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Stockholders of record on Friday, March 1st will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, February 28th. Brooks Automation’s dividend payout ratio (DPR) is presently 62.50%.
In related news, insider Maurice H. Tenney sold 10,204 shares of Brooks Automation stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $32.51, for a total transaction of $331,732.04. Following the completion of the sale, the insider now owns 136,556 shares of the company’s stock, valued at approximately $4,439,435.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Jason Joseph sold 3,000 shares of Brooks Automation stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $33.50, for a total transaction of $100,500.00. Following the sale, the vice president now directly owns 91,014 shares of the company’s stock, valued at approximately $3,048,969. The disclosure for this sale can be found here. In the last three months, insiders sold 23,704 shares of company stock valued at $767,482. Insiders own 2.45% of the company’s stock.
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About Brooks Automation
Brooks Automation, Inc provides automation and cryogenic solutions for various markets. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers mission-critical wafer automation and contamination controls solutions and services.
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