Natixis Grows Holdings in Hollysys Automation Technologies Ltd. (NASDAQ:HOLI)

Natixis raised its position in Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) by 290.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 63,589 shares of the industrial products company’s stock after buying an additional 47,284 shares during the period. Natixis’ holdings in Hollysys Automation Technologies were worth $1,627,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FourWorld Capital Management LLC purchased a new stake in shares of Hollysys Automation Technologies during the fourth quarter worth about $26,000. Blue Trust Inc. boosted its position in Hollysys Automation Technologies by 665.2% during the fourth quarter. Blue Trust Inc. now owns 1,056 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 918 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in Hollysys Automation Technologies during the fourth quarter worth about $190,000. Cantor Fitzgerald L. P. acquired a new position in Hollysys Automation Technologies during the fourth quarter worth about $232,000. Finally, Lester Murray Antman dba SimplyRich acquired a new position in Hollysys Automation Technologies during the fourth quarter worth about $259,000. Hedge funds and other institutional investors own 78.67% of the company’s stock.

Hollysys Automation Technologies Trading Up 0.0 %

NASDAQ:HOLI traded up $0.01 on Thursday, hitting $26.42. The stock had a trading volume of 3,280,577 shares, compared to its average volume of 642,661. The company has a quick ratio of 2.80, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 21.83 and a beta of 0.46. The company has a fifty day moving average price of $23.15 and a two-hundred day moving average price of $24.51. Hollysys Automation Technologies Ltd. has a 1-year low of $16.25 and a 1-year high of $27.25.

Hollysys Automation Technologies (NASDAQ:HOLI) last posted its earnings results on Thursday, May 16th. The industrial products company reported $0.07 earnings per share for the quarter. The company had revenue of $173.47 million for the quarter. Hollysys Automation Technologies had a net margin of 9.52% and a return on equity of 6.39%.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Hollysys Automation Technologies in a research report on Sunday. They set a “buy” rating on the stock.

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.