Bruker Corporation (NASDAQ:BRKR) hit a new 52-week high on Thursday . The company traded as high as $30.77 and last traded at $30.77, with a volume of 80,717 shares trading hands. The stock had previously closed at $30.61.

A number of equities research analysts recently weighed in on BRKR shares. Zacks Investment Research raised Bruker Corporation from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research report on Thursday, July 6th. BidaskClub raised Bruker Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, August 16th. Barclays PLC reaffirmed an “equal weight” rating and set a $30.00 price objective (up previously from $26.00) on shares of Bruker Corporation in a research report on Monday, July 17th. Cowen and Company reaffirmed a “hold” rating and set a $29.00 price objective on shares of Bruker Corporation in a research report on Friday, July 14th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating and set a $24.00 price objective on shares of Bruker Corporation in a research report on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $26.70.

The firm has a market capitalization of $4.88 billion, a P/E ratio of 30.67 and a beta of 1.09. The company’s 50 day moving average price is $29.53 and its 200-day moving average price is $27.29.

Bruker Corporation (NASDAQ:BRKR) last released its quarterly earnings data on Thursday, August 3rd. The medical research company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.03. The business had revenue of $414.90 million during the quarter, compared to analysts’ expectations of $384.75 million. Bruker Corporation had a return on equity of 26.66% and a net margin of 9.65%. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.20 EPS. On average, equities analysts predict that Bruker Corporation will post $1.12 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Tuesday, September 5th were given a dividend of $0.04 per share. The ex-dividend date was Thursday, August 31st. This represents a $0.16 annualized dividend and a dividend yield of 0.52%. Bruker Corporation’s dividend payout ratio is currently 16.00%.

In other news, VP Mark Munch sold 21,061 shares of the company’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $29.97, for a total transaction of $631,198.17. Following the completion of the transaction, the vice president now directly owns 60,524 shares of the company’s stock, valued at approximately $1,813,904.28. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Frank H. Laukien acquired 2,335 shares of the stock in a transaction dated Thursday, August 10th. The shares were acquired at an average cost of $27.39 per share, with a total value of $63,955.65. Following the completion of the transaction, the chief executive officer now owns 37,791,386 shares in the company, valued at approximately $1,035,106,062.54. The disclosure for this purchase can be found here. Corporate insiders own 35.20% of the company’s stock.

Several large investors have recently added to or reduced their stakes in BRKR. Acrospire Investment Management LLC boosted its position in shares of Bruker Corporation by 496.1% during the 2nd quarter. Acrospire Investment Management LLC now owns 3,827 shares of the medical research company’s stock worth $110,000 after acquiring an additional 3,185 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Bruker Corporation during the 2nd quarter worth about $111,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Bruker Corporation by 11.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,599 shares of the medical research company’s stock worth $133,000 after acquiring an additional 467 shares in the last quarter. Smithfield Trust Co. acquired a new position in shares of Bruker Corporation during the 2nd quarter worth about $138,000. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Bruker Corporation by 7.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,003 shares of the medical research company’s stock worth $144,000 after acquiring an additional 331 shares in the last quarter. 65.42% of the stock is owned by institutional investors and hedge funds.

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About Bruker Corporation

Bruker Corporation designs and manufactures scientific instruments, and analytical and diagnostic solutions. Its segments include the Bruker BioSpin Group; the Bruker Chemicals, Applied Markets, Life Science, In-Vitro Diagnostics, Detection (CALID) Group; the Bruker Nano Group, and the Bruker Energy & Supercon Technologies (BEST) Segment.

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