GSA Capital Partners LLP Has $3.06 Million Stake in Brooks Automation, Inc (BRKS)

GSA Capital Partners LLP lessened its stake in shares of Brooks Automation, Inc (NASDAQ:BRKS) by 33.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 100,783 shares of the semiconductor company’s stock after selling 51,785 shares during the period. GSA Capital Partners LLP owned 0.14% of Brooks Automation worth $3,060,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in Brooks Automation in the 2nd quarter valued at about $104,000. Advisor Group Inc. purchased a new stake in Brooks Automation in the 2nd quarter valued at about $122,000. Riverhead Capital Management LLC raised its holdings in Brooks Automation by 49.9% in the 2nd quarter. Riverhead Capital Management LLC now owns 5,697 shares of the semiconductor company’s stock valued at $123,000 after buying an additional 1,897 shares during the period. Ameritas Investment Partners Inc. raised its holdings in Brooks Automation by 6.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,038 shares of the semiconductor company’s stock valued at $131,000 after buying an additional 348 shares during the period. Finally, Flinton Capital Management LLC raised its holdings in Brooks Automation by 49.3% in the 2nd quarter. Flinton Capital Management LLC now owns 6,272 shares of the semiconductor company’s stock valued at $136,000 after buying an additional 2,072 shares during the period. Institutional investors and hedge funds own 90.15% of the company’s stock.

In other news, CEO Stephen S. Schwartz sold 8,667 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total transaction of $292,944.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David Jarzynka sold 2,476 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $33.80, for a total value of $83,688.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 76,258 shares of company stock valued at $2,226,732. 2.24% of the stock is currently owned by corporate insiders.

Several brokerages recently issued reports on BRKS. Zacks Investment Research lowered shares of Brooks Automation from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Janney Montgomery Scott boosted their price objective on shares of Brooks Automation from $30.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, September 14th. Stifel Nicolaus boosted their price objective on shares of Brooks Automation from $32.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. Needham & Company LLC restated a “hold” rating on shares of Brooks Automation in a report on Friday, October 6th. Finally, B. Riley restated a “buy” rating and issued a $34.00 price objective on shares of Brooks Automation in a report on Monday, November 13th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Brooks Automation presently has a consensus rating of “Hold” and a consensus price target of $31.57.

Brooks Automation, Inc (NASDAQ:BRKS) opened at $23.79 on Thursday. The firm has a market capitalization of $1,663.50, a PE ratio of 21.51 and a beta of 0.93. Brooks Automation, Inc has a 52-week low of $16.38 and a 52-week high of $34.77.

Brooks Automation (NASDAQ:BRKS) last released its earnings results on Thursday, November 9th. The semiconductor company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.06. The company had revenue of $181.88 million during the quarter, compared to the consensus estimate of $174.66 million. Brooks Automation had a return on equity of 13.40% and a net margin of 9.04%. Brooks Automation’s revenue was up 15.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 EPS. research analysts predict that Brooks Automation, Inc will post 1.33 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 1st will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Thursday, November 30th. Brooks Automation’s dividend payout ratio is currently 44.44%.

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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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