American Century Companies Inc. Takes $678,000 Position in Brooks Automation, Inc (NASDAQ:BRKS)

Share on StockTwits

American Century Companies Inc. acquired a new stake in shares of Brooks Automation, Inc (NASDAQ:BRKS) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,019 shares of the semiconductor company’s stock, valued at approximately $678,000.

Several other hedge funds and other institutional investors also recently modified their holdings of BRKS. Schwab Charles Investment Management Inc. lifted its holdings in shares of Brooks Automation by 1.4% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 432,093 shares of the semiconductor company’s stock valued at $10,306,000 after acquiring an additional 5,933 shares during the period. Strs Ohio raised its holdings in shares of Brooks Automation by 12.3% in the fourth quarter. Strs Ohio now owns 44,800 shares of the semiconductor company’s stock valued at $1,068,000 after buying an additional 4,900 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Brooks Automation by 441.6% in the fourth quarter. Jennison Associates LLC now owns 392,147 shares of the semiconductor company’s stock valued at $9,353,000 after buying an additional 319,747 shares during the last quarter. Boston Partners raised its holdings in shares of Brooks Automation by 5.9% in the fourth quarter. Boston Partners now owns 2,016,375 shares of the semiconductor company’s stock valued at $48,091,000 after buying an additional 112,101 shares during the last quarter. Finally, US Bancorp DE raised its holdings in shares of Brooks Automation by 49.4% in the fourth quarter. US Bancorp DE now owns 38,766 shares of the semiconductor company’s stock valued at $925,000 after buying an additional 12,814 shares during the last quarter. 94.69% of the stock is owned by institutional investors.

In other news, insider David Pietrantoni sold 3,428 shares of the company’s stock in a transaction that occurred on Friday, April 13th. The stock was sold at an average price of $27.50, for a total transaction of $94,270.00. Following the sale, the insider now owns 56,714 shares in the company, valued at approximately $1,559,635. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Lindon G. Robertson sold 9,676 shares of the company’s stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $34.00, for a total value of $328,984.00. Following the sale, the chief financial officer now owns 149,177 shares in the company, valued at approximately $5,072,018. The disclosure for this sale can be found here. Insiders sold a total of 191,640 shares of company stock worth $5,999,732 in the last 90 days. Company insiders own 2.36% of the company’s stock.

Shares of Brooks Automation traded down $0.76, hitting $33.68, on Friday, according to Marketbeat.com. The company’s stock had a trading volume of 52,100 shares, compared to its average volume of 776,678. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.54 and a current ratio of 3.34. Brooks Automation, Inc has a fifty-two week low of $21.61 and a fifty-two week high of $36.45. The firm has a market capitalization of $2.47 billion, a PE ratio of 26.98 and a beta of 1.06.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Tuesday, May 1st. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.04. The business had revenue of $207.26 million during the quarter, compared to analyst estimates of $199.44 million. Brooks Automation had a return on equity of 15.97% and a net margin of 15.55%. Brooks Automation’s quarterly revenue was up 22.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.28 EPS. equities research analysts predict that Brooks Automation, Inc will post 1.53 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 22nd. Shareholders of record on Friday, June 1st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, May 31st. Brooks Automation’s payout ratio is 32.26%.

A number of research analysts recently issued reports on BRKS shares. ValuEngine cut Brooks Automation from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. BidaskClub cut Brooks Automation from a “strong-buy” rating to a “buy” rating in a report on Friday, June 8th. Zacks Investment Research raised Brooks Automation from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Thursday, May 3rd. B. Riley boosted their price objective on Brooks Automation from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, May 2nd. Finally, Citigroup dropped their price objective on Brooks Automation from $35.00 to $31.00 and set a “buy” rating for the company in a report on Wednesday, May 2nd. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $34.00.

Brooks Automation Profile

Brooks Automation, Inc provides automation and cryogenic solutions for various applications and markets. It operates in 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)

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2018 BBNS.