AMP Capital Investors Ltd Invests $243,000 in Brooks Automation, Inc (BRKS)

AMP Capital Investors Ltd purchased a new stake in shares of Brooks Automation, Inc (NASDAQ:BRKS) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 8,000 shares of the semiconductor company’s stock, valued at approximately $243,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Quantbot Technologies LP bought a new stake in Brooks Automation in the 2nd quarter worth approximately $104,000. Advisor Group Inc. bought a new stake in Brooks Automation in the 2nd quarter worth approximately $122,000. Riverhead Capital Management LLC lifted its position in Brooks Automation by 49.9% in the 2nd 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 last quarter. Ameritas Investment Partners Inc. lifted its position in Brooks Automation by 6.1% in the 2nd 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 last quarter. Finally, Flinton Capital Management LLC lifted its position in Brooks Automation by 49.3% in the 2nd quarter. Flinton Capital Management LLC now owns 6,272 shares of the semiconductor company’s stock worth $136,000 after buying an additional 2,072 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Brooks Automation, Inc (BRKS) opened at $24.40 on Friday. The company has a market capitalization of $1,710.00, a P/E ratio of 27.42 and a beta of 0.93. Brooks Automation, Inc has a 12 month low of $16.51 and a 12 month high of $34.77.

Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings results on Thursday, November 9th. The semiconductor company reported $0.35 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.06. The business had revenue of $181.88 million for the quarter, compared to analysts’ expectations of $174.66 million. Brooks Automation had a return on equity of 13.40% and a net margin of 9.04%. The business’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.22 EPS. analysts predict that Brooks Automation, Inc will post 1.33 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Friday, December 1st were paid a $0.10 dividend. The ex-dividend date was Thursday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 1.64%. Brooks Automation’s dividend payout ratio (DPR) is currently 44.94%.

In other news, SVP William T. Montone sold 2,257 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $33.80, for a total transaction of $76,286.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP David Jarzynka sold 2,476 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $33.80, for a total value of $83,688.80. The disclosure for this sale can be found here. Insiders sold a total of 76,258 shares of company stock worth $2,226,732 over the last ninety days. Insiders own 2.36% of the company’s stock.

A number of analysts recently weighed in on the company. Stifel Nicolaus boosted their target price on Brooks Automation from $32.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Needham & Company LLC restated a “hold” rating on shares of Brooks Automation in a research report on Friday, October 6th. Citigroup boosted their target price on Brooks Automation from $31.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Janney Montgomery Scott boosted their target price on Brooks Automation from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, September 14th. Finally, B. Riley restated a “buy” rating and issued a $34.00 target price on shares of Brooks Automation in a research report on Monday, November 13th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Brooks Automation currently has a consensus rating of “Buy” and an average target price of $31.63.

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Brooks Automation Company 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.

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

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