Todd Asset Management LLC trimmed its position in Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) by 0.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 541,873 shares of the industrial products company’s stock after selling 2,502 shares during the quarter. Todd Asset Management LLC owned 0.90% of Hollysys Automation Technologies worth $11,710,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of HOLI. Malaga Cove Capital LLC lifted its stake in Hollysys Automation Technologies by 1.6% in the second quarter. Malaga Cove Capital LLC now owns 62,898 shares of the industrial products company’s stock valued at $1,025,000 after buying an additional 979 shares during the period. Parametric Portfolio Associates LLC raised its position in shares of Hollysys Automation Technologies by 4.2% during the first quarter. Parametric Portfolio Associates LLC now owns 34,169 shares of the industrial products company’s stock worth $578,000 after purchasing an additional 1,362 shares during the period. Ameriprise Financial Inc. raised its position in Hollysys Automation Technologies by 5.0% in the 1st quarter. Ameriprise Financial Inc. now owns 35,029 shares of the industrial products company’s stock valued at $593,000 after buying an additional 1,657 shares during the last quarter. Dupont Capital Management Corp boosted its stake in shares of Hollysys Automation Technologies by 15.6% during the 2nd quarter. Dupont Capital Management Corp now owns 22,006 shares of the industrial products company’s stock worth $366,000 after acquiring an additional 2,972 shares during the period. Finally, Edinburgh Partners Ltd boosted its stake in Hollysys Automation Technologies by 22.0% in the 2nd quarter. Edinburgh Partners Ltd now owns 18,300 shares of the industrial products company’s stock valued at $304,000 after purchasing an additional 3,300 shares during the period. Institutional investors and hedge funds own 67.74% of the company’s stock.

A number of equities research analysts recently weighed in on HOLI shares. TheStreet upgraded Hollysys Automation Technologies from a “c+” rating to a “b” rating in a research report on Thursday, August 10th. Instinet reissued a “reduce” rating and set a $12.31 price objective on shares of Hollysys Automation Technologies in a report on Tuesday, August 15th. J P Morgan Chase & Co raised Hollysys Automation Technologies from a “neutral” rating to an “overweight” rating and set a $22.60 price target for the company in a report on Tuesday, August 15th. BidaskClub upgraded Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Zacks Investment Research upgraded Hollysys Automation Technologies from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. Hollysys Automation Technologies presently has an average rating of “Hold” and a consensus target price of $19.65.

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Shares of Hollysys Automation Technologies, Ltd. (HOLI) traded up $2.49 on Wednesday, hitting $25.96. The stock had a trading volume of 924,100 shares, compared to its average volume of 389,515. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.71 and a current ratio of 2.86. Hollysys Automation Technologies, Ltd. has a 12-month low of $15.08 and a 12-month high of $27.19. The company has a market cap of $1,416.23, a PE ratio of 20.95 and a beta of 1.54.

Hollysys Automation Technologies (NASDAQ:HOLI) last issued its earnings results on Monday, November 13th. The industrial products company reported $0.36 earnings per share for the quarter, topping 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 9.85%. The company had revenue of $115.50 million during the quarter. During the same period in the prior year, the company posted $0.37 EPS. The company’s quarterly revenue was up 11.6% on a year-over-year basis. sell-side analysts forecast that Hollysys Automation Technologies, Ltd. will post 1.82 EPS for the current fiscal year.

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

Hollysys Automation Technologies Company 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.

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

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