Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) is set to announce its Q117 earnings results on Monday, November 14th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $141.76 million for the quarter.

Earnings History for Hollysys Automation Technologies (NASDAQ:HOLI)

Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) opened at 19.54 on Friday. The company’s 50-day moving average is $21.19 and its 200 day moving average is $19.56. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 9.94 and a beta of 1.59. Hollysys Automation Technologies Ltd. has a one year low of $15.00 and a one year high of $23.55.

The company also recently declared an annual dividend, which will be paid on Friday, November 11th. Stockholders of record on Wednesday, October 26th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Monday, October 24th. Hollysys Automation Technologies’s dividend payout ratio (DPR) is 10.20%.

Several institutional investors have recently modified their holdings of the company. Pictet Asset Management Ltd. raised its position in shares of 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 in the last quarter. Morgan Stanley raised its position in shares of Hollysys Automation Technologies by 335.8% in the third quarter. Morgan Stanley now owns 177,656 shares of the company’s stock valued at $3,939,000 after buying an additional 136,892 shares in the last quarter. BlackRock Group LTD raised its position in shares of Hollysys Automation Technologies by 34.3% in the second quarter. BlackRock Group LTD now owns 385,935 shares of the company’s stock valued at $6,704,000 after buying an additional 98,579 shares in the last quarter. Toronto Dominion Bank bought a new position in shares of Hollysys Automation Technologies during the second quarter valued at approximately $1,131,000. Finally, Ativo Capital Management LLC bought a new position in shares of Hollysys Automation Technologies during the second quarter valued at approximately $562,000. Hedge funds and other institutional investors own 51.75% of the company’s stock.

Separately, Zacks Investment Research cut shares of Hollysys Automation Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 17th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $21.78.

About Hollysys Automation Technologies

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.

5 Day Chart for NASDAQ:HOLI

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