Royce & Associates LP trimmed its position in shares of Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) by 20.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 202,482 shares of the industrial products company’s stock after selling 53,400 shares during the quarter. Royce & Associates LP owned 0.34% of Hollysys Automation Technologies worth $3,363,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HOLI. Jupiter Asset Management Ltd. boosted its stake in shares of Hollysys Automation Technologies by 9.0% during the first quarter. Jupiter Asset Management Ltd. now owns 1,233,028 shares of the industrial products company’s stock valued at $20,875,000 after purchasing an additional 101,567 shares during the period. Russell Investments Group Ltd. purchased a new stake in shares of Hollysys Automation Technologies during the first quarter valued at $1,311,000. Oxford Asset Management purchased a new stake in shares of Hollysys Automation Technologies during the first quarter valued at $482,000. First Trust Advisors LP boosted its stake in shares of Hollysys Automation Technologies by 29.8% during the first quarter. First Trust Advisors LP now owns 73,477 shares of the industrial products company’s stock valued at $1,244,000 after purchasing an additional 16,883 shares during the period. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of Hollysys Automation Technologies during the second quarter valued at $3,565,000. 68.02% of the stock is owned by institutional investors.

Shares of Hollysys Automation Technologies, Ltd. (HOLI) opened at 19.94 on Monday. The company has a 50 day moving average price of $19.36 and a 200 day moving average price of $17.35. Hollysys Automation Technologies, Ltd. has a 12-month low of $15.08 and a 12-month high of $23.55. The company has a market capitalization of $1.20 billion, a P/E ratio of 17.49 and a beta of 1.47.

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

A number of analysts have recently issued reports on HOLI shares. TheStreet raised shares of Hollysys Automation Technologies from a “c+” rating to a “b” rating in a research note on Thursday, August 10th. ValuEngine lowered shares of Hollysys Automation Technologies from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research raised shares of Hollysys Automation Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 12th. BidaskClub raised shares of Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, J P Morgan Chase & Co raised shares of Hollysys Automation Technologies from a “neutral” rating to an “overweight” rating and set a $22.60 target price for the company in a research note on Tuesday, August 15th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Hollysys Automation Technologies currently has an average rating of “Hold” and an average price target of $18.65.

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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.

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

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