Marshall Wace North America L.P. acquired a new stake in Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 88,502 shares of the industrial products company’s stock, valued at approximately $1,505,000. Marshall Wace North America L.P. owned approximately 0.15% of Hollysys Automation Technologies at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Citadel Advisors LLC purchased a new position in Hollysys Automation Technologies in the 1st quarter valued at approximately $179,000. Financial Counselors Inc. increased its stake in Hollysys Automation Technologies by 3.5% in the 1st quarter. Financial Counselors Inc. now owns 10,959 shares of the industrial products company’s stock valued at $186,000 after purchasing an additional 368 shares in the last quarter. Eqis Capital Management Inc. purchased a new position in Hollysys Automation Technologies in the 1st quarter valued at approximately $255,000. KBC Group NV increased its stake in Hollysys Automation Technologies by 265.7% in the 1st quarter. KBC Group NV now owns 16,269 shares of the industrial products company’s stock valued at $275,000 after purchasing an additional 11,820 shares in the last quarter. Finally, Edinburgh Partners Ltd increased 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 in the last quarter. 68.02% of the stock is owned by hedge funds and other institutional investors.

Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) opened at 20.35 on Thursday. Hollysys Automation Technologies, Ltd. has a 52-week low of $15.08 and a 52-week high of $23.55. The stock has a market cap of $1.23 billion, a P/E ratio of 17.85 and a beta of 1.47. The firm’s 50-day moving average price is $19.22 and its 200 day moving average price is $17.31.

Hollysys Automation Technologies (NASDAQ:HOLI) last issued its earnings results on Monday, August 14th. The industrial products company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.52 by $0.15. The firm had revenue of $137.96 million during the quarter, compared to analyst estimates of $152.80 million. Hollysys Automation Technologies had a net margin of 15.96% and a return on equity of 9.87%. The business’s revenue was down 6.6% on a year-over-year basis. Equities analysts predict that Hollysys Automation Technologies, Ltd. will post $1.70 earnings per share for the current year.

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Several equities analysts have weighed in on the company. TheStreet raised Hollysys Automation Technologies from a “c+” rating to a “b” rating in a research report on Thursday, August 10th. ValuEngine downgraded Hollysys Automation Technologies from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research raised Hollysys Automation Technologies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 12th. BidaskClub raised Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, 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 research report on Tuesday, August 15th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $18.65.

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.

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

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