Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Brooks Automation, Inc (NASDAQ:BRKS) by 13.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,864 shares of the semiconductor company’s stock after acquiring an additional 1,943 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Brooks Automation were worth $591,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Jennison Associates LLC grew its position in shares of Brooks Automation by 7.5% in the 3rd quarter. Jennison Associates LLC now owns 1,540,205 shares of the semiconductor company’s stock valued at $53,953,000 after acquiring an additional 107,670 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of Brooks Automation by 4.7% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 47,062 shares of the semiconductor company’s stock valued at $1,649,000 after acquiring an additional 2,134 shares during the period. Thompson Siegel & Walmsley LLC grew its position in shares of Brooks Automation by 8.1% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 71,768 shares of the semiconductor company’s stock valued at $2,514,000 after acquiring an additional 5,396 shares during the period. MML Investors Services LLC bought a new position in shares of Brooks Automation in the 3rd quarter valued at about $475,000. Finally, Systematic Financial Management LP grew its position in shares of Brooks Automation by 3.6% in the 3rd quarter. Systematic Financial Management LP now owns 314,527 shares of the semiconductor company’s stock valued at $11,018,000 after acquiring an additional 10,811 shares during the period. 97.02% of the stock is owned by institutional investors.

In other Brooks Automation news, SVP William T. Montone sold 1,026 shares of Brooks Automation stock in a transaction dated Monday, November 5th. The shares were sold at an average price of $31.76, for a total value of $32,585.76. Following the completion of the sale, the senior vice president now owns 107,532 shares in the company, valued at approximately $3,415,216.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen S. Schwartz sold 8,127 shares of Brooks Automation stock in a transaction dated Friday, November 16th. The stock was sold at an average price of $28.59, for a total transaction of $232,350.93. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 249,892 shares of company stock valued at $7,665,790. 2.36% of the stock is currently owned by corporate insiders.

NASDAQ BRKS opened at $26.37 on Friday. The company has a quick ratio of 2.84, a current ratio of 3.43 and a debt-to-equity ratio of 0.27. The stock has a market cap of $2.02 billion, a PE ratio of 41.20 and a beta of 1.13. Brooks Automation, Inc has a 52-week low of $22.87 and a 52-week high of $39.75.

Brooks Automation (NASDAQ:BRKS) last posted its earnings results on Monday, November 19th. The semiconductor company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.22). The company had revenue of $160.00 million for the quarter, compared to analyst estimates of $206.00 million. Brooks Automation had a return on equity of 13.78% and a net margin of 14.94%. The business’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 EPS. As a group, equities research analysts expect that Brooks Automation, Inc will post 1.14 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Friday, December 7th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Thursday, December 6th. Brooks Automation’s dividend payout ratio is presently 62.50%.

A number of brokerages have recently commented on BRKS. BidaskClub downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Tuesday, September 11th. ValuEngine raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 28th. Credit Suisse Group cut their target price on shares of Brooks Automation from $32.00 to $26.00 and set a “neutral” rating for the company in a research note on Tuesday, November 20th. B. Riley cut their target price on shares of Brooks Automation from $45.00 to $42.00 and set a “buy” rating for the company in a research note on Tuesday, November 20th. Finally, Janney Montgomery Scott restated a “buy” rating and set a $56.00 target price (up previously from $40.00) on shares of Brooks Automation in a research note on Tuesday, August 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $37.00.

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About Brooks Automation

Brooks Automation, Inc provides automation and cryogenic solutions for various applications and markets. It operates in 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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