Hollysys Automation Technologies Ltd. (NASDAQ:holi) announced an annual dividend on Monday, September 26th. Stockholders of record on Wednesday, October 26th will be paid a dividend of 0.20 per share on Friday, November 11th. The ex-dividend date of this dividend is Monday, October 24th.

Shares of Hollysys Automation Technologies (NASDAQ:HOLI) opened at 20.61 on Wednesday. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 10.49 and a beta of 2.06. Hollysys Automation Technologies has a one year low of $15.00 and a one year high of $23.55. The stock has a 50 day moving average price of $21.79 and a 200-day moving average price of $19.58.

Several large investors have recently added to or reduced their stakes in HOLI. Toronto Dominion Bank purchased a new stake in Hollysys Automation Technologies during the second quarter valued at about $1,131,000. Pictet Asset Management Ltd. raised its stake in Hollysys Automation Technologies by 88.0% in the second quarter. Pictet Asset Management Ltd. now owns 1,134,022 shares of the company’s stock valued at $19,267,000 after buying an additional 530,953 shares during the period. Ativo Capital Management LLC purchased a new stake in Hollysys Automation Technologies during the second quarter valued at about $562,000. Vident Investment Advisory LLC raised its stake in Hollysys Automation Technologies by 11.0% in the second quarter. Vident Investment Advisory LLC now owns 96,060 shares of the company’s stock valued at $1,669,000 after buying an additional 9,538 shares during the period. Finally, Rational Advisors LLC purchased a new stake in Hollysys Automation Technologies during the second quarter valued at about $118,000. Hedge funds and other institutional investors own 51.78% of the company’s stock.

HOLI has been the subject of a number of recent research reports. Deutsche Bank AG initiated coverage on shares of Hollysys Automation Technologies in a research note on Monday, July 11th. They issued a “buy” rating and a $25.80 price objective for the company. Zacks Investment Research raised shares of Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research note on Monday, July 18th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $21.78.

About Hollysys Automation Technologies

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