Fmr LLC Has $11.21 Million Stake in Brooks Automation, Inc (BRKS)

Fmr LLC lowered its position in Brooks Automation, Inc (NASDAQ:BRKS) by 47.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 427,983 shares of the semiconductor company’s stock after selling 379,229 shares during the period. Fmr LLC’s holdings in Brooks Automation were worth $11,205,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in BRKS. Bank of New York Mellon Corp boosted its holdings in Brooks Automation by 2.0% in the third quarter. Bank of New York Mellon Corp now owns 1,953,453 shares of the semiconductor company’s stock worth $68,429,000 after purchasing an additional 37,547 shares in the last quarter. LPL Financial LLC boosted its holdings in Brooks Automation by 122.0% in the third quarter. LPL Financial LLC now owns 17,547 shares of the semiconductor company’s stock worth $615,000 after purchasing an additional 9,642 shares in the last quarter. MetLife Investment Advisors LLC boosted its holdings in Brooks Automation by 45.0% in the third quarter. MetLife Investment Advisors LLC now owns 47,278 shares of the semiconductor company’s stock worth $1,656,000 after purchasing an additional 14,667 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in Brooks Automation by 33.7% in the third quarter. Advisors Asset Management Inc. now owns 10,961 shares of the semiconductor company’s stock worth $384,000 after purchasing an additional 2,760 shares in the last quarter. Finally, Teachers Advisors LLC boosted its holdings in Brooks Automation by 1.2% in the third quarter. Teachers Advisors LLC now owns 193,612 shares of the semiconductor company’s stock worth $6,782,000 after purchasing an additional 2,202 shares in the last quarter. Institutional investors own 98.54% of the company’s stock.

Shares of NASDAQ:BRKS opened at $31.77 on Wednesday. The firm has a market capitalization of $2.25 billion, a P/E ratio of 49.64 and a beta of 1.31. Brooks Automation, Inc has a 1 year low of $23.02 and a 1 year high of $39.75. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.73 and a quick ratio of 2.15.

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

In other Brooks Automation news, SVP William T. Montone sold 7,500 shares of the company’s stock in a transaction dated Wednesday, February 6th. The shares were sold at an average price of $32.50, for a total transaction of $243,750.00. Following the completion of the sale, the senior vice president now directly owns 116,040 shares in the company, valued at $3,771,300. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jason Joseph sold 6,000 shares of the company’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $29.81, for a total transaction of $178,860.00. Following the sale, the senior vice president now owns 85,661 shares of the company’s stock, valued at $2,553,554.41. The disclosure for this sale can be found here. Insiders have sold 29,704 shares of company stock valued at $946,342 over the last 90 days. Corporate insiders own 2.45% of the company’s stock.

A number of equities research analysts recently issued reports on BRKS shares. BidaskClub cut shares of Brooks Automation from a “buy” rating to a “hold” rating in a report on Saturday, March 9th. Zacks Investment Research upgraded shares of Brooks Automation from a “strong sell” rating to a “hold” rating in a report on Monday, February 4th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $37.00.

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Brooks Automation 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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