Barclays PLC lessened its holdings in shares of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI – Free Report) by 3.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,311 shares of the industrial products company’s stock after selling 1,700 shares during the period. Barclays PLC owned approximately 0.09% of Hollysys Automation Technologies worth $955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in the business. Tower Research Capital LLC TRC purchased a new position in Hollysys Automation Technologies in the first quarter valued at $35,000. Quantbot Technologies LP purchased a new position in Hollysys Automation Technologies in the first quarter valued at $88,000. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Hollysys Automation Technologies by 313.3% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 12,400 shares of the industrial products company’s stock valued at $198,000 after buying an additional 9,400 shares in the last quarter. Walleye Capital LLC purchased a new position in Hollysys Automation Technologies in the second quarter valued at $213,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in Hollysys Automation Technologies by 11.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,352 shares of the industrial products company’s stock valued at $283,000 after buying an additional 1,723 shares in the last quarter. Hedge funds and other institutional investors own 64.00% of the company’s stock.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Hollysys Automation Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday.
Hollysys Automation Technologies Stock Down 1.0 %
Shares of NASDAQ HOLI opened at $22.54 on Tuesday. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 11.93 and a beta of 0.57. Hollysys Automation Technologies Ltd. has a 52-week low of $15.13 and a 52-week high of $23.08. The company’s 50-day simple moving average is $20.42 and its 200-day simple moving average is $18.35. The company has a quick ratio of 2.79, a current ratio of 3.03 and a debt-to-equity ratio of 0.02.
Hollysys Automation Technologies Company Profile
Hollysys Automation Technologies Ltd. provides automation control system 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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