16,523 Shares in Hollysys Automation Technologies, Ltd. (HOLI) Purchased by Invictus RG

Invictus RG purchased a new stake in shares of Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 16,523 shares of the industrial products company’s stock, valued at approximately $357,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Prudential PLC boosted its holdings in shares of Hollysys Automation Technologies by 0.6% in the second quarter. Prudential PLC now owns 10,792,037 shares of the industrial products company’s stock worth $179,256,000 after buying an additional 68,685 shares during the last quarter. Davis Selected Advisers boosted its holdings in shares of Hollysys Automation Technologies by 168.7% in the second quarter. Davis Selected Advisers now owns 3,391,934 shares of the industrial products company’s stock worth $56,340,000 after buying an additional 2,129,546 shares during the last quarter. Schroder Investment Management Group boosted its holdings in shares of Hollysys Automation Technologies by 5.5% in the second quarter. Schroder Investment Management Group now owns 3,241,090 shares of the industrial products company’s stock worth $53,218,000 after buying an additional 169,621 shares during the last quarter. Pictet Asset Management Ltd. boosted its holdings in shares of Hollysys Automation Technologies by 1.3% in the second quarter. Pictet Asset Management Ltd. now owns 2,974,389 shares of the industrial products company’s stock worth $47,560,000 after buying an additional 39,221 shares during the last quarter. Finally, Hermes Investment Management Ltd. boosted its holdings in shares of Hollysys Automation Technologies by 2.3% in the third quarter. Hermes Investment Management Ltd. now owns 2,179,577 shares of the industrial products company’s stock worth $47,101,000 after buying an additional 49,456 shares during the last quarter. 70.72% of the stock is currently owned by hedge funds and other institutional investors.

Hollysys Automation Technologies, Ltd. (HOLI) opened at $23.65 on Wednesday. The company has a current ratio of 2.82, a quick ratio of 2.67 and a debt-to-equity ratio of 0.03. Hollysys Automation Technologies, Ltd. has a 1-year low of $15.08 and a 1-year high of $27.19. The firm has a market cap of $1,465.11, a P/E ratio of 21.68 and a beta of 1.58.

Hollysys Automation Technologies (NASDAQ:HOLI) last issued its quarterly earnings results on Monday, November 13th. The industrial products company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.04. Hollysys Automation Technologies had a net margin of 15.46% and a return on equity of 9.65%. The business had revenue of $115.50 million for the quarter. During the same period in the prior year, the firm earned $0.37 EPS. Hollysys Automation Technologies’s revenue for the quarter was up 11.6% compared to the same quarter last year. equities research analysts forecast that Hollysys Automation Technologies, Ltd. will post 1.82 EPS for the current fiscal year.

The company also recently declared an annual dividend, which was paid on Monday, November 6th. Shareholders of record on Monday, October 16th were issued a dividend of $0.12 per share. This represents a yield of 0.56%. The ex-dividend date of this dividend was Friday, October 13th. Hollysys Automation Technologies’s dividend payout ratio is currently 10.53%.

A number of equities analysts recently issued reports on the stock. Instinet reissued a “reduce” rating and issued a $12.31 price objective on shares of Hollysys Automation Technologies in a report on Tuesday, August 15th. J P Morgan Chase & Co raised shares of Hollysys Automation Technologies from a “neutral” rating to an “overweight” rating and set a $22.60 price objective on the stock in a report on Tuesday, August 15th. TheStreet raised shares of Hollysys Automation Technologies from a “c+” rating to a “b” rating in a report on Thursday, August 10th. Zacks Investment Research downgraded shares of Hollysys Automation Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. Finally, Deutsche Bank reaffirmed a “buy” rating and set a $25.00 price target (up previously from $23.00) on shares of Hollysys Automation Technologies in a report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $21.52.

COPYRIGHT VIOLATION NOTICE: “16,523 Shares in Hollysys Automation Technologies, Ltd. (HOLI) Purchased by Invictus RG” was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://stocknewstimes.com/2017/12/06/16523-shares-in-hollysys-automation-technologies-ltd-holi-purchased-by-invictus-rg.html.

Hollysys Automation Technologies Profile

Hollysys Automation Technologies Ltd. is a provider of automation and control technologies, and products. The Company’s segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E), and Miscellaneous. Its technologies are applied through its industrial automation solution suite, including the Distributed Control Systems, Programmable Logic Controller, Real-time Management Information System, HolliAS Asset Management System, Operator Training System, Batch Application Package, Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center, Automatic Train Protection, Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products.

Want to see what other hedge funds are holding HOLI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI).

Institutional Ownership by Quarter for Hollysys Automation Technologies (NASDAQ:HOLI)

Receive News & Ratings for Hollysys Automation Technologies Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hollysys Automation Technologies Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply