Analogic Co. (ALOG) Shares Sold by SG Americas Securities LLC
SG Americas Securities LLC reduced its stake in Analogic Co. (NASDAQ:ALOG) by 67.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,546 shares of the medical research company’s stock after selling 5,391 shares during the period. SG Americas Securities LLC’s holdings in Analogic were worth $213,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of ALOG. State Board of Administration of Florida Retirement System purchased a new stake in Analogic in the 3rd quarter valued at about $224,000. Piedmont Investment Advisors LLC purchased a new stake in Analogic in the 3rd quarter valued at about $227,000. Crossmark Global Holdings Inc. purchased a new stake in Analogic in the 3rd quarter valued at about $250,000. Voya Investment Management LLC raised its holdings in Analogic by 9.5% in the 2nd quarter. Voya Investment Management LLC now owns 6,087 shares of the medical research company’s stock valued at $442,000 after buying an additional 529 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its holdings in Analogic by 38.5% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 6,300 shares of the medical research company’s stock valued at $528,000 after buying an additional 1,750 shares during the period. Hedge funds and other institutional investors own 93.90% of the company’s stock.
Shares of Analogic Co. (NASDAQ:ALOG) opened at $85.05 on Friday. The stock has a market cap of $1,061.85, a PE ratio of -14.87, a price-to-earnings-growth ratio of 4.25 and a beta of 0.77. Analogic Co. has a one year low of $66.00 and a one year high of $89.50.
Several brokerages recently issued reports on ALOG. BidaskClub lowered shares of Analogic from a “sell” rating to a “strong sell” rating in a report on Saturday, January 6th. Zacks Investment Research upgraded shares of Analogic from a “hold” rating to a “buy” rating and set a $97.00 price objective on the stock in a report on Friday, December 8th. Finally, Jefferies Group reiterated a “hold” rating and set a $80.00 price target on shares of Analogic in a research note on Friday, December 8th.
COPYRIGHT VIOLATION WARNING: “Analogic Co. (ALOG) Shares Sold by SG Americas Securities LLC” was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be viewed at https://www.watchlistnews.com/analogic-co-alog-shares-sold-by-sg-americas-securities-llc/1906579.html.
Analogic Corporation designs, manufactures and commercializes guidance, diagnostic imaging and threat detection technologies. The Company operates through three segments: Medical Imaging, Ultrasound, and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT), magnetic resonance imaging (MRI) and high-resolution digital mammography.
Want to see what other hedge funds are holding ALOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Analogic Co. (NASDAQ:ALOG).
Receive News & Ratings for Analogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analogic and related companies with MarketBeat.com's FREE daily email newsletter.