Goldman Sachs Group Inc. trimmed its position in Analogic Corporation (NASDAQ:ALOG) by 55.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,378 shares of the medical research company’s stock after selling 20,275 shares during the quarter. Goldman Sachs Group Inc. owned about 0.13% of Analogic Corporation worth $1,190,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Citadel Advisors LLC lifted its stake in shares of Analogic Corporation by 88.8% in the second quarter. Citadel Advisors LLC now owns 128,879 shares of the medical research company’s stock worth $9,363,000 after buying an additional 60,614 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Analogic Corporation in the first quarter worth $1,252,000. Geode Capital Management LLC lifted its stake in shares of Analogic Corporation by 8.4% in the first quarter. Geode Capital Management LLC now owns 104,722 shares of the medical research company’s stock worth $7,947,000 after buying an additional 8,092 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Analogic Corporation by 470.7% in the second quarter. SG Americas Securities LLC now owns 7,619 shares of the medical research company’s stock worth $554,000 after buying an additional 6,284 shares during the last quarter. Finally, Heartland Advisors Inc. acquired a new stake in shares of Analogic Corporation in the second quarter worth $11,994,000. Institutional investors and hedge funds own 99.28% of the company’s stock.

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A number of analysts have recently weighed in on the stock. Jefferies Group LLC assumed coverage on shares of Analogic Corporation in a research note on Wednesday, August 9th. They issued a “hold” rating and a $75.00 price objective for the company. Zacks Investment Research upgraded shares of Analogic Corporation from a “hold” rating to a “buy” rating and set a $93.00 price objective for the company in a research note on Tuesday, October 10th. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $85.25.

Analogic Corporation (NASDAQ ALOG) opened at $80.30 on Friday. The company has a market cap of $1,000.22, a price-to-earnings ratio of 47.80, a P/E/G ratio of 4.10 and a beta of 0.85. Analogic Corporation has a one year low of $66.00 and a one year high of $95.85.

The business also recently announced a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, September 29th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.50%. The ex-dividend date was Thursday, September 28th. Analogic Corporation’s payout ratio is currently -6.70%.

Analogic Corporation Company Profile

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.

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Institutional Ownership by Quarter for Analogic Corporation (NASDAQ:ALOG)

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