Bardin Hill Management Partners LP Trims Stake in Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI)

Bardin Hill Management Partners LP reduced its position in shares of Hollysys Automation Technologies, Ltd. (NASDAQ:HOLIGet Rating) by 42.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 484,932 shares of the industrial products company’s stock after selling 359,480 shares during the period. Hollysys Automation Technologies makes up 1.4% of Bardin Hill Management Partners LP’s portfolio, making the stock its 24th biggest holding. Bardin Hill Management Partners LP owned about 0.80% of Hollysys Automation Technologies worth $6,828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in Hollysys Automation Technologies by 167.2% in the fourth quarter. JPMorgan Chase & Co. now owns 2,282 shares of the industrial products company’s stock worth $32,000 after acquiring an additional 1,428 shares in the last quarter. Clear Creek Financial Management LLC bought a new position in shares of Hollysys Automation Technologies during the fourth quarter valued at about $143,000. Advisor Group Holdings Inc. raised its stake in Hollysys Automation Technologies by 17.1% in the third quarter. Advisor Group Holdings Inc. now owns 7,957 shares of the industrial products company’s stock worth $165,000 after buying an additional 1,160 shares in the last quarter. DGS Capital Management LLC bought a new position in Hollysys Automation Technologies in the fourth quarter worth about $176,000. Finally, Camelot Portfolios LLC bought a new position in Hollysys Automation Technologies in the fourth quarter worth about $268,000. Hedge funds and other institutional investors own 72.07% of the company’s stock.

A number of equities analysts recently issued reports on HOLI shares. Zacks Investment Research raised shares of Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research note on Monday, March 14th. StockNews.com cut shares of Hollysys Automation Technologies from a “buy” rating to a “hold” rating in a report on Saturday, March 26th.

HOLI traded down $0.06 during trading on Tuesday, hitting $14.82. The company’s stock had a trading volume of 187,012 shares, compared to its average volume of 451,616. Hollysys Automation Technologies, Ltd. has a one year low of $11.05 and a one year high of $21.24. The firm has a market cap of $909.46 million, a PE ratio of 10.12 and a beta of 0.81. The business’s 50 day simple moving average is $15.91 and its 200-day simple moving average is $14.87.

Hollysys Automation Technologies (NASDAQ:HOLIGet Rating) last announced its quarterly earnings data on Friday, April 29th. The industrial products company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.33). The firm had revenue of $155.71 million for the quarter.

The company also recently disclosed an annual dividend, which was paid on Monday, April 25th. Stockholders of record on Monday, April 4th were given a dividend of $0.32 per share. This represents a dividend yield of 2.51%. This is an increase from Hollysys Automation Technologies’s previous annual dividend of $0.20. The ex-dividend date was Friday, April 1st.

About Hollysys Automation Technologies (Get Rating)

Hollysys Automation Technologies Ltd. provides automation solutions in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising simulation training system, HolliAS asset management system, advanced process control, and manufacturing execution system, as well as HOLLiAS MACS-N DCS, a proprietary nuclear power non-safety automation and control system.

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

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