Brooks Automation, Inc. (BRKS) Stake Decreased by Bessemer Group Inc.

Bessemer Group Inc. cut its position in shares of Brooks Automation, Inc. (NASDAQ:BRKS) by 43.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,900 shares of the semiconductor company’s stock after selling 42,900 shares during the quarter. Bessemer Group Inc. owned about 0.08% of Brooks Automation worth $1,727,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BRKS. Quantbot Technologies LP acquired a new stake in shares of Brooks Automation during the second quarter worth $104,000. Advisor Group Inc. acquired a new stake in shares of Brooks Automation during the second quarter worth $122,000. Riverhead Capital Management LLC increased its position in shares of Brooks Automation by 49.9% during the second quarter. Riverhead Capital Management LLC now owns 5,697 shares of the semiconductor company’s stock worth $123,000 after buying an additional 1,897 shares during the period. Ameritas Investment Partners Inc. increased its position in shares of Brooks Automation by 6.1% during the second quarter. Ameritas Investment Partners Inc. now owns 6,038 shares of the semiconductor company’s stock worth $131,000 after buying an additional 348 shares during the period. Finally, Flinton Capital Management LLC grew its holdings in Brooks Automation by 49.3% in the second quarter. Flinton Capital Management LLC now owns 6,272 shares of the semiconductor company’s stock worth $136,000 after purchasing an additional 2,072 shares during the period. Institutional investors own 90.56% of the company’s stock.

In other Brooks Automation news, VP David Jarzynka sold 2,476 shares of the firm’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $33.80, for a total value of $83,688.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Stephen S. Schwartz sold 27,915 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $28.55, for a total transaction of $796,973.25. Following the completion of the transaction, the chief executive officer now directly owns 661,852 shares in the company, valued at $18,895,874.60. The disclosure for this sale can be found here. Insiders sold 66,258 shares of company stock worth $1,995,532 over the last ninety days. Insiders own 2.24% of the company’s stock.

Brooks Automation, Inc. (NASDAQ:BRKS) opened at $27.01 on Wednesday. Brooks Automation, Inc. has a 12 month low of $15.06 and a 12 month high of $34.77. The firm has a market cap of $1,871.52, a price-to-earnings ratio of 24.36 and a beta of 1.06.

Brooks Automation (NASDAQ:BRKS) last released its quarterly earnings data on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. Brooks Automation had a net margin of 9.04% and a return on equity of 13.40%. The firm had revenue of $181.88 million for the quarter, compared to analyst estimates of $174.66 million. During the same period last year, the firm earned $0.22 earnings per share. The business’s quarterly revenue was up 15.4% compared to the same quarter last year. equities analysts predict that Brooks Automation, Inc. will post 1.33 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 1st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date is Thursday, November 30th. Brooks Automation’s dividend payout ratio (DPR) is 44.44%.

A number of equities research analysts have commented on BRKS shares. Janney Montgomery Scott raised their price target on shares of Brooks Automation from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, September 14th. Stifel Nicolaus raised their price target on shares of Brooks Automation from $32.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. Zacks Investment Research cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Needham & Company LLC restated a “hold” rating on shares of Brooks Automation in a report on Friday, October 6th. Finally, B. Riley restated a “buy” rating and issued a $34.00 price target on shares of Brooks Automation in a report on Monday. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $31.57.

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About Brooks Automation

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.

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

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