Could Bruker Corporation (NASDAQ:BRKR) See a Reversal After More Sellers Came In?

May 18, 2018 - By Richard Conner

Bruker Corporation (NASDAQ:BRKR) Logo

Investors sentiment increased to 1.16 in 2017 Q4. Its up 0.25, from 0.91 in 2017Q3. It is positive, as 11 investors sold Bruker Corporation shares while 75 reduced holdings. 45 funds opened positions while 55 raised stakes. 97.01 million shares or 2.08% less from 99.08 million shares in 2017Q3 were reported.
Putnam Limited holds 0.01% or 81,029 shares in its portfolio. Leuthold Group Ltd Liability Co holds 0.38% of its portfolio in Bruker Corporation (NASDAQ:BRKR) for 109,487 shares. State Of Alaska Department Of Revenue holds 7,800 shares. Moreover, Fifth Third Bank & Trust has 0% invested in Bruker Corporation (NASDAQ:BRKR) for 540 shares. 64,900 were accumulated by Quantitative Investment Management Limited Liability Company. Sensato Investors Llc stated it has 2.27% of its portfolio in Bruker Corporation (NASDAQ:BRKR). Atlantic Grp Incorporated Llc has invested 0% of its portfolio in Bruker Corporation (NASDAQ:BRKR). Howe And Rusling holds 0% or 23 shares. Employees Retirement Sys Of Texas reported 60,000 shares. Goldman Sachs Gp holds 0.01% in Bruker Corporation (NASDAQ:BRKR) or 697,258 shares. Pub Employees Retirement Of Ohio holds 57,117 shares. Moreover, Brinker Inc has 0.03% invested in Bruker Corporation (NASDAQ:BRKR) for 24,896 shares. Engineers Gate Manager L P invested 0.15% of its portfolio in Bruker Corporation (NASDAQ:BRKR). Bluecrest Mgmt Limited reported 19,977 shares. Fisher Asset Mngmt Llc owns 148,000 shares.

The stock of Bruker Corporation (NASDAQ:BRKR) registered an increase of 6% in short interest. BRKR’s total short interest was 3.16M shares in May as published by FINRA. Its up 6% from 2.98 million shares, reported previously. With 602,300 shares average volume, it will take short sellers 5 days to cover their BRKR’s short positions. The short interest to Bruker Corporation’s float is 3.15%.

The stock increased 0.56% or $0.17 during the last trading session, reaching $30.67. About 22,935 shares traded. Bruker Corporation (NASDAQ:BRKR) has risen 29.39% since May 18, 2017 and is uptrending. It has outperformed by 17.84% the S&P500.

Bruker Corporation develops, manufactures, and distributes scientific instruments, and analytical and diagnostic solutions worldwide. The company has market cap of $4.79 billion. The firm operates through two divisions, Bruker Scientific Instruments, and Bruker Energy & Supercon Technologies. It has a 62.59 P/E ratio. It offers life science tools based on magnetic resonance technology; life science mass spectrometry and ion mobility spectrometry systems; infrared spectroscopy and radiological/nuclear detectors for chemical, biological, radiological, nuclear and explosive detection in emergency response, homeland security, and defense applications; and analytical and process analysis instruments and solutions.

Bruker Corporation (NASDAQ:BRKR) Ratings Coverage

Among 6 analysts covering Bruker (NASDAQ:BRKR), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Bruker had 8 analyst reports since December 14, 2017 according to SRatingsIntel. Leerink Swann maintained Bruker Corporation (NASDAQ:BRKR) on Friday, February 9 with “Market Perform” rating. Bank of America maintained Bruker Corporation (NASDAQ:BRKR) on Friday, May 4 with “Neutral” rating. The firm has “Equal-Weight” rating given on Friday, February 9 by Morgan Stanley. As per Wednesday, December 20, the company rating was maintained by Cowen & Co. The firm earned “Equal-Weight” rating on Thursday, December 14 by Morgan Stanley. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, April 11.

More news for Bruker Corporation (NASDAQ:BRKR) were recently published by: Seekingalpha.com, which released: “Bruker (BRKR) Q1 2018 Results – Earnings Call Transcript” on May 04, 2018. Nasdaq.com‘s article titled: “Report: Developing Opportunities within Canada Goose, Viking Therapeutics, Vector Group, Bruker, Air Transport …” and published on April 19, 2018 is yet another important article.

Bruker Corporation (NASDAQ:BRKR) Institutional Positions Chart

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