OxFORD Asset Management LLP Decreases Stake in Brooks Automation, Inc (BRKS)

OxFORD Asset Management LLP decreased its position in Brooks Automation, Inc (NASDAQ:BRKS) by 44.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,316 shares of the semiconductor company’s stock after selling 72,759 shares during the quarter. OxFORD Asset Management LLP owned 0.13% of Brooks Automation worth $2,657,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Arizona State Retirement System lifted its holdings in shares of Brooks Automation by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 36,293 shares of the semiconductor company’s stock worth $787,000 after purchasing an additional 100 shares during the last quarter. Amalgamated Bank lifted its holdings in shares of Brooks Automation by 3.4% in the 2nd quarter. Amalgamated Bank now owns 9,526 shares of the semiconductor company’s stock worth $207,000 after purchasing an additional 313 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in shares of Brooks Automation by 6.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,038 shares of the semiconductor company’s stock worth $131,000 after purchasing an additional 348 shares during the last quarter. Texas Permanent School Fund lifted its holdings in shares of Brooks Automation by 1.0% in the 2nd quarter. Texas Permanent School Fund now owns 50,847 shares of the semiconductor company’s stock worth $1,103,000 after purchasing an additional 513 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan lifted its holdings in shares of Brooks Automation by 4.1% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 16,410 shares of the semiconductor company’s stock worth $356,000 after purchasing an additional 640 shares during the last quarter. Institutional investors own 90.15% of the company’s stock.

In other news, insider David C. Gray sold 2,394 shares of Brooks Automation stock in a transaction on Monday, November 6th. The stock was sold at an average price of $33.80, for a total transaction of $80,917.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Stephen S. Schwartz sold 8,667 shares of Brooks Automation stock in a transaction on Monday, November 6th. The shares were sold at an average price of $33.80, for a total value of $292,944.60. The disclosure for this sale can be found here. Insiders have sold a total of 76,258 shares of company stock worth $2,226,732 in the last ninety days. 2.24% of the stock is owned by company insiders.

Several analysts recently issued reports on the company. B. Riley reissued a “buy” rating and issued a $34.00 price target on shares of Brooks Automation in a report on Monday, November 13th. Zacks Investment Research downgraded Brooks Automation from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Citigroup raised their price target on Brooks Automation from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Stifel Nicolaus lifted their target price on Brooks Automation from $32.00 to $38.00 and gave the company a “buy” rating in a research note on Wednesday, November 8th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Brooks Automation in a research note on Friday, October 6th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $31.57.

Shares of Brooks Automation, Inc (NASDAQ BRKS) opened at $24.08 on Tuesday. The firm has a market capitalization of $1,720.00, a price-to-earnings ratio of 22.18 and a beta of 0.93. Brooks Automation, Inc has a 12 month low of $16.38 and a 12 month high of $34.77.

Brooks Automation (NASDAQ:BRKS) last announced 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 firm had revenue of $181.88 million for 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%. The firm’s revenue for the quarter was up 15.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.22 EPS. sell-side analysts predict that Brooks Automation, Inc will post 1.33 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend is Thursday, November 30th. Brooks Automation’s payout ratio is currently 44.94%.

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Brooks Automation Profile

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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