Cim LLC Invests $207,000 in Brooks Automation, Inc (BRKS)

Cim LLC acquired a new stake in Brooks Automation, Inc (NASDAQ:BRKS) during the third quarter, HoldingsChannel.com reports. The firm acquired 5,895 shares of the semiconductor company’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in BRKS. Fox Run Management L.L.C. grew its position in shares of Brooks Automation by 11.8% in the 2nd quarter. Fox Run Management L.L.C. now owns 15,430 shares of the semiconductor company’s stock valued at $503,000 after buying an additional 1,626 shares during the last quarter. Aperio Group LLC grew its position in shares of Brooks Automation by 5.2% in the 3rd quarter. Aperio Group LLC now owns 35,644 shares of the semiconductor company’s stock valued at $1,249,000 after buying an additional 1,748 shares during the last quarter. Paradigm Capital Management Inc. NY grew its position in shares of Brooks Automation by 3.1% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 65,400 shares of the semiconductor company’s stock valued at $2,134,000 after buying an additional 1,950 shares during the last quarter. Psagot Investment House Ltd. purchased a new position in shares of Brooks Automation in the 2nd quarter valued at $103,000. Finally, Schwab Charles Investment Management Inc. grew its position in shares of Brooks Automation by 0.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 470,619 shares of the semiconductor company’s stock valued at $15,352,000 after buying an additional 3,346 shares during the last quarter. Institutional investors and hedge funds own 94.64% of the company’s stock.

In other Brooks Automation news, CFO Lindon G. Robertson sold 13,042 shares of the firm’s stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $39.00, for a total transaction of $508,638.00. Following the transaction, the chief financial officer now directly owns 136,642 shares of the company’s stock, valued at approximately $5,329,038. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Jason Joseph sold 1,965 shares of the firm’s stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $38.00, for a total transaction of $74,670.00. Following the transaction, the vice president now directly owns 86,868 shares in the company, valued at $3,300,984. The disclosure for this sale can be found here. Company insiders own 2.36% of the company’s stock.



Brooks Automation stock traded down $0.47 during midday trading on Monday, hitting $29.25. 349,300 shares of the company’s stock were exchanged, compared to its average volume of 757,517. Brooks Automation, Inc has a 12-month low of $21.75 and a 12-month high of $39.75. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.48 and a current ratio of 3.29. The company has a market capitalization of $2.10 billion, a P/E ratio of 23.59 and a beta of 1.05.

Brooks Automation (NASDAQ:BRKS) last issued its quarterly earnings data on Monday, August 6th. The semiconductor company reported $0.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.03. Brooks Automation had a net margin of 15.40% and a return on equity of 16.28%. The company had revenue of $223.48 million for the quarter, compared to the consensus estimate of $218.98 million. During the same period last year, the firm posted $0.36 EPS. Brooks Automation’s revenue for the quarter was up 23.0% on a year-over-year basis. As a group, equities analysts expect that Brooks Automation, Inc will post 1.55 earnings per share for the current year.

BRKS has been the topic of a number of recent analyst reports. BidaskClub raised shares of Brooks Automation from a “hold” rating to a “buy” rating in a research report on Friday, August 31st. Zacks Investment Research downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Monday, August 6th. ValuEngine downgraded shares of Brooks Automation from a “buy” rating to a “hold” rating in a research report on Wednesday, September 26th. B. Riley increased their target price on shares of Brooks Automation from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, September 4th. Finally, Citigroup increased their target price on shares of Brooks Automation from $38.00 to $41.00 and gave the company a “buy” rating in a research report on Tuesday, September 25th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $39.71.

Brooks Automation Company 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.

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

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