Exchange Traded Concepts LLC bought a new position in shares of Brooks Automation, Inc (NASDAQ:BRKS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,654 shares of the semiconductor company’s stock, valued at approximately $69,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Carroll Financial Associates Inc. increased its holdings in shares of Brooks Automation by 475.5% during the fourth quarter. Carroll Financial Associates Inc. now owns 1,105 shares of the semiconductor company’s stock valued at $46,000 after purchasing an additional 913 shares during the period. Huntington National Bank increased its holdings in shares of Brooks Automation by 118,500.0% during the fourth quarter. Huntington National Bank now owns 1,186 shares of the semiconductor company’s stock valued at $50,000 after purchasing an additional 1,185 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of Brooks Automation by 6,038.7% during the second quarter. Tower Research Capital LLC TRC now owns 1,903 shares of the semiconductor company’s stock valued at $74,000 after purchasing an additional 1,872 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its holdings in Brooks Automation by 213.6% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,076 shares of the semiconductor company’s stock worth $80,000 after acquiring an additional 1,414 shares during the period. Finally, Point72 Asset Management L.P. acquired a new position in Brooks Automation during the second quarter worth about $81,000. 98.53% of the stock is owned by hedge funds and other institutional investors.
NASDAQ BRKS traded down $1.38 during trading on Friday, reaching $39.17. 624,493 shares of the company’s stock were exchanged, compared to its average volume of 405,102. The firm has a market capitalization of $2.99 billion, a PE ratio of 6.51 and a beta of 1.41. The company has a current ratio of 2.38, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. Brooks Automation, Inc has a fifty-two week low of $28.42 and a fifty-two week high of $50.35. The company’s fifty day simple moving average is $41.45 and its 200-day simple moving average is $39.52.
Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings results on Thursday, February 6th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.23. Brooks Automation had a return on equity of 6.95% and a net margin of 53.68%. The business had revenue of $210.50 million during the quarter, compared to analyst estimates of $207.24 million. During the same period in the previous year, the company earned $0.17 EPS. The firm’s revenue was up 17.4% on a year-over-year basis. Equities analysts forecast that Brooks Automation, Inc will post 1.26 EPS for the current fiscal year.
A number of research analysts recently issued reports on the company. Zacks Investment Research lowered Brooks Automation from a “buy” rating to a “hold” rating in a report on Monday, February 3rd. BidaskClub lowered Brooks Automation from a “hold” rating to a “sell” rating in a report on Saturday, February 1st. TheStreet raised Brooks Automation from a “c+” rating to a “b-” rating in a research note on Wednesday, November 6th. Finally, ValuEngine cut Brooks Automation from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $42.60.
In other news, CEO Stephen S. Schwartz sold 108,391 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $45.25, for a total transaction of $4,904,692.75. Following the sale, the chief executive officer now directly owns 714,871 shares in the company, valued at $32,347,912.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Jason Joseph sold 6,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $42.63, for a total value of $255,780.00. Following the completion of the sale, the senior vice president now directly owns 99,158 shares in the company, valued at approximately $4,227,105.54. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 229,003 shares of company stock valued at $10,295,391. Corporate insiders own 2.66% of the company’s stock.
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.
See Also: What is quantitative easing?
Receive News & Ratings for Brooks Automation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Brooks Automation and related companies with MarketBeat.com’s FREE daily email newsletter.