THOMSON HORSTMANN & BRYANT INC

recently disclosed that they own 4.9% of Allied Motion Technologies, Inc. (NASDAQ:AMOT) in a Form 13G/A disclosure that was filed with the Securities and Exchange Commission on Monday, February 12th. The investor owns 467,356 shares of the stock valued at approximately $14,123,498. The disclosure is available through Edgar at this hyperlink.

A number of other institutional investors have also recently bought and sold shares of the business. Schwab Charles Investment Management Inc. acquired a new stake in shares of Allied Motion Technologies in the second quarter valued at about $218,000. Teachers Advisors LLC increased its stake in shares of Allied Motion Technologies by 19.1% in the second quarter. Teachers Advisors LLC now owns 13,107 shares of the technology company’s stock valued at $357,000 after buying an additional 2,098 shares during the period. Nationwide Fund Advisors increased its stake in shares of Allied Motion Technologies by 11.8% in the second quarter. Nationwide Fund Advisors now owns 4,778 shares of the technology company’s stock valued at $130,000 after buying an additional 505 shares during the period. New York State Common Retirement Fund increased its stake in shares of Allied Motion Technologies by 66.6% in the second quarter. New York State Common Retirement Fund now owns 9,500 shares of the technology company’s stock valued at $259,000 after buying an additional 3,799 shares during the period. Finally, Citigroup Inc. increased its stake in shares of Allied Motion Technologies by 130.8% in the second quarter. Citigroup Inc. now owns 7,449 shares of the technology company’s stock valued at $203,000 after buying an additional 4,222 shares during the period. Hedge funds and other institutional investors own 41.51% of the company’s stock.

Several brokerages have recently weighed in on AMOT. Zacks Investment Research raised Allied Motion Technologies from a “hold” rating to a “strong-buy” rating and set a $37.00 price target for the company in a research note on Thursday, November 16th. BidaskClub raised Allied Motion Technologies from a “sell” rating to a “hold” rating in a research note on Monday, February 5th. Finally, TheStreet raised Allied Motion Technologies from a “c+” rating to a “b” rating in a research note on Thursday, November 16th.

Shares of Allied Motion Technologies, Inc. (NASDAQ AMOT) traded up $0.36 during mid-day trading on Monday, hitting $30.22. The stock had a trading volume of 57,900 shares, compared to its average volume of 37,746. The firm has a market capitalization of $285.67, a PE ratio of 32.15, a price-to-earnings-growth ratio of 1.34 and a beta of 1.95. The company has a current ratio of 2.80, a quick ratio of 1.76 and a debt-to-equity ratio of 0.71. Allied Motion Technologies, Inc. has a 12 month low of $19.09 and a 12 month high of $36.20.

COPYRIGHT VIOLATION WARNING: This article was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another site, it was stolen and reposted in violation of US & international copyright & trademark law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2018/02/12/allied-motion-technologies-inc-amot-stake-held-by-thomson-horstmann-bryant-inc.html.

Allied Motion Technologies Company Profile

Allied Motion Technologies Inc designs, manufactures and sells precision and specialty motion control components and systems used in a range of industries. The Company serves various markets, including vehicle, medical, aerospace and defense, electronics and industrial. It focuses on motion control applications.

Institutional Ownership by Quarter for Allied Motion Technologies (NASDAQ:AMOT)

Receive News & Ratings for Allied Motion Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Motion Technologies and related companies with MarketBeat.com's FREE daily email newsletter.