Huntington National Bank raised its position in Brooks Automation, Inc (NASDAQ:BRKS) by 118,500.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,186 shares of the semiconductor company’s stock after acquiring an additional 1,185 shares during the quarter. Huntington National Bank’s holdings in Brooks Automation were worth $50,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of BRKS. Carroll Financial Associates Inc. lifted its stake in Brooks Automation by 475.5% in the fourth quarter. Carroll Financial Associates Inc. now owns 1,105 shares of the semiconductor company’s stock worth $46,000 after acquiring an additional 913 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Brooks Automation by 6,038.7% in the second quarter. Tower Research Capital LLC TRC now owns 1,903 shares of the semiconductor company’s stock worth $74,000 after acquiring an additional 1,872 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its stake in Brooks Automation by 213.6% in 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 last quarter. Point72 Asset Management L.P. purchased a new position in Brooks Automation in the second quarter worth approximately $81,000. Finally, Russell Investments Group Ltd. purchased a new position in Brooks Automation in the third quarter worth approximately $101,000. Institutional investors own 98.53% of the company’s stock.
A number of research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Monday. ValuEngine downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd. TheStreet upgraded shares of Brooks Automation from a “c+” rating to a “b-” rating in a research note on Wednesday, November 6th. Finally, BidaskClub downgraded shares of Brooks Automation from a “hold” rating to a “sell” rating in a research report on Saturday, February 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Brooks Automation currently has an average rating of “Hold” and an average target price of $42.60.
In other news, SVP Jason Joseph sold 6,000 shares of Brooks Automation 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 transaction, the senior vice president now directly owns 99,158 shares of the company’s stock, valued at approximately $4,227,105.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP William T. Montone sold 17,500 shares of Brooks Automation stock in a transaction on Monday, December 16th. The shares were sold at an average price of $42.32, for a total transaction of $740,600.00. Following the completion of the transaction, the senior vice president now directly owns 124,860 shares in the company, valued at $5,284,075.20. The disclosure for this sale can be found here. Insiders sold a total of 229,003 shares of company stock worth $10,295,391 over the last ninety days. Corporate insiders own 2.66% of the company’s stock.
Shares of NASDAQ:BRKS traded down $1.38 during trading on Friday, hitting $39.17. 624,493 shares of the company were exchanged, compared to its average volume of 428,911. The stock has a market capitalization of $2.92 billion, a P/E ratio of 6.49 and a beta of 1.41. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.38 and a quick ratio of 2.01. Brooks Automation, Inc has a 12-month low of $28.42 and a 12-month high of $50.35. The firm’s 50 day moving average price is $41.45 and its 200-day moving average price is $39.52.
Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Thursday, February 6th. The semiconductor company reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. The business had revenue of $210.50 million during the quarter, compared to the consensus estimate of $207.24 million. Brooks Automation had a net margin of 55.99% and a return on equity of 6.67%. The company’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.17 EPS. As a group, equities research analysts anticipate that Brooks Automation, Inc will post 1.26 EPS for the current year.
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.
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