Alliancebernstein L.P. trimmed its holdings in shares of Brooks Automation, Inc. (NASDAQ:BRKS) by 39.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 154,925 shares of the semiconductor company’s stock after selling 101,790 shares during the quarter. Alliancebernstein L.P. owned approximately 0.22% of Brooks Automation worth $3,360,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BRKS. BlackRock Inc. increased its holdings in Brooks Automation by 49,535.5% during the first quarter. BlackRock Inc. now owns 8,670,335 shares of the semiconductor company’s stock valued at $194,215,000 after buying an additional 8,652,867 shares during the period. Bank of New York Mellon Corp increased its holdings in Brooks Automation by 23.7% during the second quarter. Bank of New York Mellon Corp now owns 2,555,177 shares of the semiconductor company’s stock valued at $55,421,000 after buying an additional 489,434 shares during the period. Vanguard Group Inc. increased its holdings in Brooks Automation by 4.4% during the first quarter. Vanguard Group Inc. now owns 6,282,912 shares of the semiconductor company’s stock valued at $140,738,000 after buying an additional 262,325 shares during the period. Bank of Montreal Can increased its holdings in Brooks Automation by 262.1% during the second quarter. Bank of Montreal Can now owns 336,098 shares of the semiconductor company’s stock valued at $7,290,000 after buying an additional 243,280 shares during the period. Finally, Prudential Financial Inc. increased its holdings in Brooks Automation by 159.1% during the first quarter. Prudential Financial Inc. now owns 366,608 shares of the semiconductor company’s stock valued at $8,212,000 after buying an additional 225,110 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Several equities analysts recently issued reports on the stock. B. Riley reissued a “buy” rating and set a $34.00 price objective on shares of Brooks Automation in a report 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 target price for the company in a research note on Friday, August 4th. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $29.57.

Shares of Brooks Automation, Inc. (NASDAQ BRKS) opened at 30.04 on Monday. The firm has a market capitalization of $2.02 billion, a P/E ratio of 37.60 and a beta of 1.10. Brooks Automation, Inc. has a 52 week low of $12.71 and a 52 week high of $31.75. The firm has a 50-day moving average of $27.57 and a 200 day moving average of $25.45.

Brooks Automation (NASDAQ:BRKS) last announced its quarterly earnings data on Wednesday, August 2nd. The semiconductor company reported $0.36 EPS for the quarter, beating the Zacks’ 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 period in the prior year, the firm posted $0.16 EPS. The company’s quarterly revenue was up 23.2% compared to the same quarter last year. On average, equities research analysts expect that Brooks Automation, Inc. will post $1.18 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 8th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date was Thursday, September 7th. 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.

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

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