GSA Capital Partners LLP lowered its stake in shares of Brooks Automation, Inc. (NASDAQ:BRKS) by 48.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,074 shares of the semiconductor company’s stock after selling 5,652 shares during the quarter. GSA Capital Partners LLP’s holdings in Brooks Automation were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in BRKS. Ropes Wealth Advisors LLC acquired a new stake in Brooks Automation in the third quarter valued at $29,000. Harbor Investment Advisory LLC increased its position in shares of Brooks Automation by 101.3% in the 3rd quarter. Harbor Investment Advisory LLC now owns 950 shares of the semiconductor company’s stock worth $44,000 after purchasing an additional 478 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of Brooks Automation by 100.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 2,000 shares of the semiconductor company’s stock valued at $88,000 after purchasing an additional 1,000 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Brooks Automation by 19.4% in the 2nd quarter. Fifth Third Bancorp now owns 2,942 shares of the semiconductor company’s stock valued at $130,000 after purchasing an additional 478 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its position in shares of Brooks Automation by 15.0% during the second quarter. Mutual of America Capital Management LLC now owns 3,609 shares of the semiconductor company’s stock worth $160,000 after purchasing an additional 471 shares during the last quarter. 87.57% of the stock is owned by institutional investors and hedge funds.

NASDAQ BRKS opened at $67.18 on Friday. The company has a 50-day moving average price of $53.95 and a two-hundred day moving average price of $47.55. Brooks Automation, Inc. has a 52 week low of $21.19 and a 52 week high of $72.29. The stock has a market cap of $4.96 billion, a price-to-earnings ratio of 76.34 and a beta of 1.71. The company has a current ratio of 3.08, a quick ratio of 2.53 and a debt-to-equity ratio of 0.04.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Sunday, November 15th. The semiconductor company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.11. The business had revenue of $246.20 million during the quarter, compared to analyst estimates of $234.88 million. Brooks Automation had a return on equity of 7.95% and a net margin of 7.23%. The business’s revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.30 EPS. As a group, equities research analysts expect that Brooks Automation, Inc. will post 1.63 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Friday, December 4th 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 0.60%. The ex-dividend date is Thursday, December 3rd. Brooks Automation’s dividend payout ratio is currently 31.75%.

A number of research analysts have commented on BRKS shares. TheStreet raised Brooks Automation from a “c+” rating to a “b-” rating in a report on Friday, July 31st. Stephens raised shares of Brooks Automation from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $55.00 to $65.00 in a report on Wednesday, November 11th. Credit Suisse Group boosted their target price on shares of Brooks Automation from $40.00 to $58.00 and gave the company a “neutral” rating in a research note on Wednesday, November 11th. Zacks Investment Research upgraded shares of Brooks Automation from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research report on Tuesday, November 10th. Finally, BidaskClub raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a research report on Friday, November 6th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $63.44.

In related news, CEO Stephen S. Schwartz sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $45.30, for a total transaction of $1,359,000.00. Following the transaction, the chief executive officer now owns 509,244 shares in the company, valued at $23,068,753.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Stephen S. Schwartz sold 9,291 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $45.51, for a total value of $422,833.41. Following the sale, the chief executive officer now directly owns 385,334 shares in the company, valued at approximately $17,536,550.34. The disclosure for this sale can be found here. Insiders sold 154,953 shares of company stock valued at $8,377,444 in the last ninety days. Corporate insiders own 2.66% of the company’s stock.

Brooks Automation Profile

Brooks Automation, Inc provides automation and cryogenic solutions worldwide. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems. The Brooks Semiconductor Solutions Group segment offers 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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