Public Sector Pension investment Board lessened its position in Brooks Automation, Inc. (NASDAQ:BRKS) by 28.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,919 shares of the semiconductor company’s stock after selling 14,100 shares during the period. Public Sector Pension investment Board owned about 0.05% of Brooks Automation worth $779,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BRKS. Riverhead Capital Management LLC boosted its stake in shares of Brooks Automation by 49.9% in the second quarter. Riverhead Capital Management LLC now owns 5,697 shares of the semiconductor company’s stock valued at $123,000 after purchasing an additional 1,897 shares during the period. Ameritas Investment Partners Inc. purchased a new position in shares of Brooks Automation in the first quarter valued at $127,000. SG Americas Securities LLC purchased a new position in shares of Brooks Automation in the first quarter valued at $165,000. First Quadrant L P CA purchased a new position in shares of Brooks Automation in the second quarter valued at $201,000. Finally, Amalgamated Bank purchased a new position in shares of Brooks Automation in the first quarter valued at $206,000. 90.39% of the stock is owned by institutional investors and hedge funds.

Several brokerages have recently weighed in on BRKS. B. Riley restated a “buy” rating and issued a $34.00 target price on shares of Brooks Automation in a research note on Tuesday, August 8th. Needham & Company LLC downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. They noted that the move was a valuation call. BidaskClub downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. ValuEngine downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Zacks Investment Research upgraded shares of Brooks Automation from a “hold” rating to a “strong-buy” rating and set a $26.00 price objective on the stock in a research note on Friday, August 4th. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Brooks Automation currently has an average rating of “Buy” and a consensus target price of $29.57.

Shares of Brooks Automation, Inc. (BRKS) opened at 30.03 on Friday. Brooks Automation, Inc. has a 12-month low of $12.71 and a 12-month high of $31.75. The firm has a market cap of $2.02 billion, a PE ratio of 37.58 and a beta of 1.10. The company has a 50 day moving average of $27.41 and a 200-day moving average of $25.39.

Brooks Automation (NASDAQ:BRKS) last issued its earnings results on Wednesday, August 2nd. The semiconductor company reported $0.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.06. Brooks Automation had a net margin of 8.34% and a return on equity of 11.25%. The company had revenue of $181.72 million for the quarter, compared to the consensus estimate of $177.40 million. During the same quarter in the previous year, the company earned $0.16 EPS. The firm’s revenue for the quarter was up 23.2% compared to the same quarter last year. Equities research analysts forecast that Brooks Automation, Inc. will post $1.18 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 8th were paid a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a $0.40 annualized dividend and a dividend yield of 1.33%. Brooks Automation’s dividend payout ratio is presently 50.00%.

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About Brooks Automation

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.

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

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