Brooks Automation, Inc (BRKS) Position Trimmed by Nuveen Asset Management LLC

Nuveen Asset Management LLC lowered its holdings in shares of Brooks Automation, Inc (NASDAQ:BRKS) by 15.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,276 shares of the semiconductor company’s stock after selling 6,992 shares during the quarter. Nuveen Asset Management LLC owned 0.05% of Brooks Automation worth $976,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. New England Research & Management Inc. boosted its stake in shares of Brooks Automation by 43.0% during the 4th quarter. New England Research & Management Inc. now owns 54,050 shares of the semiconductor company’s stock worth $1,415,000 after acquiring an additional 16,250 shares during the period. BlackRock Inc. raised its holdings in Brooks Automation by 2.2% in the 4th quarter. BlackRock Inc. now owns 10,354,003 shares of the semiconductor company’s stock valued at $271,068,000 after acquiring an additional 223,060 shares in the last quarter. Vanguard Group Inc raised its holdings in Brooks Automation by 5.7% in the 3rd quarter. Vanguard Group Inc now owns 7,208,353 shares of the semiconductor company’s stock valued at $252,508,000 after acquiring an additional 387,119 shares in the last quarter. D. E. Shaw & Co. Inc. raised its holdings in Brooks Automation by 4.9% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 119,623 shares of the semiconductor company’s stock valued at $3,132,000 after acquiring an additional 5,625 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in Brooks Automation by 111.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 119,621 shares of the semiconductor company’s stock valued at $3,132,000 after acquiring an additional 62,958 shares in the last quarter. 98.54% of the stock is currently owned by institutional investors.

In other news, SVP William T. Montone sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 6th. The stock was sold at an average price of $32.50, for a total value of $243,750.00. Following the completion of the transaction, the senior vice president now directly owns 116,040 shares of the company’s stock, valued at $3,771,300. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP William T. Montone sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, January 25th. The shares were sold at an average price of $30.50, for a total value of $91,500.00. Following the completion of the transaction, the senior vice president now directly owns 123,540 shares of the company’s stock, valued at $3,767,970. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,704 shares of company stock valued at $946,342. Company insiders own 2.45% of the company’s stock.

A number of equities analysts have recently commented on the company. BidaskClub raised Brooks Automation from a “hold” rating to a “buy” rating in a report on Wednesday, February 20th. Zacks Investment Research upgraded Brooks Automation from a “strong sell” rating to a “hold” rating in a research report on Monday, February 4th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Brooks Automation has a consensus rating of “Buy” and a consensus price target of $37.00.

Shares of NASDAQ BRKS traded down $0.11 during trading on Friday, reaching $31.70. The company had a trading volume of 343,859 shares, compared to its average volume of 425,432. The firm has a market capitalization of $2.25 billion, a PE ratio of 49.53 and a beta of 1.31. The company has a current ratio of 2.73, a quick ratio of 2.15 and a debt-to-equity ratio of 0.73. Brooks Automation, Inc has a 12 month low of $23.02 and a 12 month high of $39.75.

Brooks Automation (NASDAQ:BRKS) last posted its quarterly earnings results on Tuesday, February 5th. The semiconductor company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.05. Brooks Automation had a return on equity of 11.80% and a net margin of 14.86%. The business had revenue of $179.37 million for the quarter, compared to the consensus estimate of $174.46 million. During the same period in the prior year, the business earned $0.09 EPS. The firm’s revenue for the quarter was up 25.8% on a year-over-year basis. As a group, analysts forecast that Brooks Automation, Inc will post 0.75 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 1st were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Thursday, February 28th. Brooks Automation’s dividend payout ratio (DPR) is presently 62.50%.

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Brooks Automation Company Profile

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

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