Barings LLC maintained its position in shares of Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,503 shares of the industrial products company’s stock at the close of the 2nd quarter. Barings LLC owned 0.09% of Hollysys Automation Technologies worth $906,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Prudential PLC increased its stake in Hollysys Automation Technologies by 0.6% in the second quarter. Prudential PLC now owns 10,792,037 shares of the industrial products company’s stock valued at $179,256,000 after purchasing an additional 68,685 shares in the last quarter. GLG Partners LP increased its stake in Hollysys Automation Technologies by 20.0% in the second quarter. GLG Partners LP now owns 403,043 shares of the industrial products company’s stock valued at $6,695,000 after purchasing an additional 67,288 shares in the last quarter. Nordea Investment Management AB increased its stake in Hollysys Automation Technologies by 35.6% in the second quarter. Nordea Investment Management AB now owns 556,475 shares of the industrial products company’s stock valued at $9,243,000 after purchasing an additional 146,200 shares in the last quarter. M&T Bank Corp increased its stake in Hollysys Automation Technologies by 26.1% in the second quarter. M&T Bank Corp now owns 67,353 shares of the industrial products company’s stock valued at $1,118,000 after purchasing an additional 13,923 shares in the last quarter. Finally, California Public Employees Retirement System increased its stake in Hollysys Automation Technologies by 5.2% in the second quarter. California Public Employees Retirement System now owns 281,300 shares of the industrial products company’s stock valued at $4,672,000 after purchasing an additional 13,900 shares in the last quarter. 68.03% of the stock is owned by hedge funds and other institutional investors.

Hollysys Automation Technologies, Ltd. (NASDAQ HOLI) opened at 21.40 on Friday. The firm has a market capitalization of $1.29 billion, a PE ratio of 18.76 and a beta of 1.48. The stock’s 50 day moving average is $20.72 and its 200-day moving average is $17.95. Hollysys Automation Technologies, Ltd. has a one year low of $15.08 and a one year high of $22.32.

Hollysys Automation Technologies (NASDAQ:HOLI) last issued its quarterly earnings results on Monday, August 14th. The industrial products company reported $0.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by ($0.15). The business had revenue of $137.96 million during the quarter, compared to the consensus estimate 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 for the quarter was down 6.6% on a year-over-year basis. On average, analysts anticipate that Hollysys Automation Technologies, Ltd. will post $1.69 EPS for the current fiscal year.

The firm also recently declared an annual dividend, which will be paid on Monday, November 6th. Investors of record on Monday, October 16th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, October 13th. This represents a dividend yield of 0.56%. Hollysys Automation Technologies’s payout ratio is 17.39%.

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Several equities research analysts have weighed in on the stock. 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 upgraded shares of Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. J P Morgan Chase & Co upgraded shares of Hollysys Automation Technologies from a “neutral” rating to an “overweight” rating and set a $22.60 price objective for the company in a report on Tuesday, August 15th. TheStreet upgraded shares of Hollysys Automation Technologies from a “c+” rating to a “b” rating in a report on Thursday, August 10th. Finally, Instinet reiterated a “reduce” rating and set a $12.31 price objective on shares of Hollysys Automation Technologies in a report on Tuesday, August 15th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $19.65.

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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