Texas Permanent School Fund lessened its stake in shares of Brooks Automation, Inc (NASDAQ:BRKS) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,526 shares of the semiconductor company’s stock after selling 3,401 shares during the quarter. Texas Permanent School Fund’s holdings in Brooks Automation were worth $1,133,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BRKS. Advisor Group Inc. bought a new stake in shares of Brooks Automation during the 2nd quarter worth about $122,000. Ameritas Investment Partners Inc. lifted its position in shares of Brooks Automation by 6.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,038 shares of the semiconductor company’s stock worth $131,000 after purchasing an additional 348 shares during the last quarter. Flinton Capital Management LLC lifted its position in shares of Brooks Automation by 49.3% during the 2nd 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 last quarter. Amalgamated Bank lifted its position in shares of Brooks Automation by 3.4% during the 2nd quarter. Amalgamated Bank now owns 9,526 shares of the semiconductor company’s stock worth $207,000 after purchasing an additional 313 shares during the last quarter. Finally, Tudor Investment Corp ET AL acquired a new position in shares of Brooks Automation during the 2nd quarter worth about $223,000. Institutional investors own 89.02% of the company’s stock.

In other Brooks Automation news, CFO Lindon G. Robertson sold 13,212 shares of the company’s stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $29.00, for a total value of $383,148.00. Following the completion of the transaction, the chief financial officer now owns 158,320 shares of the company’s stock, valued at approximately $4,591,280. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP David Jarzynka sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $23.12, for a total value of $231,200.00. Following the completion of the transaction, the vice president now directly owns 30,638 shares of the company’s stock, valued at approximately $708,350.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 41,236 shares of company stock valued at $1,119,020. Insiders own 2.36% of the company’s stock.

Brooks Automation, Inc (BRKS) opened at $24.40 on Tuesday. The company has a quick ratio of 2.56, a current ratio of 3.33 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $1,720.00, a P/E ratio of 26.52 and a beta of 0.95. Brooks Automation, Inc has a twelve month low of $20.48 and a twelve month high of $34.77.

Brooks Automation (NASDAQ:BRKS) last posted its quarterly earnings results on Thursday, February 1st. The semiconductor company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.29 by $0.03. The firm had revenue of $189.33 million during the quarter, compared to analysts’ expectations of $184.48 million. Brooks Automation had a return on equity of 14.43% and a net margin of 9.03%. The company’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.25 EPS. equities research analysts expect that Brooks Automation, Inc will post 1.4 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 2nd will be issued a $0.10 dividend. The ex-dividend date is Thursday, March 1st. This represents a $0.40 annualized dividend and a yield of 1.64%. Brooks Automation’s dividend payout ratio (DPR) is 43.48%.

Several equities analysts recently weighed in on the company. Zacks Investment Research cut Brooks Automation from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Janney Montgomery Scott set a $35.00 price objective on Brooks Automation and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. BidaskClub cut Brooks Automation from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. B. Riley boosted their price objective on Brooks Automation from $34.00 to $38.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Finally, Stephens reissued a “buy” rating and set a $36.00 price objective on shares of Brooks Automation in a research report on Friday, February 2nd. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $32.88.

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Brooks Automation 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.

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

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