Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) traded up 1.9% on Wednesday . The company traded as high as $18.98 and last traded at $18.88, with a volume of 223,026 shares trading hands. The stock had previously closed at $18.53.

A number of equities research analysts have weighed in on the company. Nomura Holdings Inc. upgraded Hollysys Automation Technologies from a “reduce” rating to a “neutral” rating and lowered their price target for the company from $16.35 to $15.53 in a research report on Tuesday, May 24th. Zacks Investment Research upgraded Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research report on Monday, July 4th. Finally, Deutsche Bank AG assumed coverage on Hollysys Automation Technologies in a research report on Monday. They set a “buy” rating and a $25.80 price target on the stock. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $20.78.

The company has a market cap of $1.11 billion and a PE ratio of 11.09. The company has a 50-day moving average of $17.26 and a 200-day moving average of $18.59.

Several large investors have modified their holdings of the stock. BNP Paribas Arbitrage SA increased its stake in shares of Hollysys Automation Technologies by 0.4% in the fourth quarter. BNP Paribas Arbitrage SA now owns 66,306 shares of the company’s stock worth $1,471,000 after buying an additional 284 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of Hollysys Automation Technologies by 12.0% in the fourth quarter. Schroder Investment Management Group now owns 5,682,249 shares of the company’s stock worth $126,032,000 after buying an additional 607,732 shares during the last quarter. Connective Capital Management LLC increased its stake in shares of Hollysys Automation Technologies by 15.9% in the fourth quarter. Connective Capital Management LLC now owns 73,684 shares of the company’s stock worth $1,635,000 after buying an additional 10,126 shares during the last quarter. Todd Asset Management LLC increased its stake in shares of Hollysys Automation Technologies by 0.5% in the fourth quarter. Todd Asset Management LLC now owns 670,216 shares of the company’s stock worth $14,865,000 after buying an additional 3,392 shares during the last quarter. Finally, Boston Partners increased its stake in shares of Hollysys Automation Technologies by 10.0% in the fourth quarter. Boston Partners now owns 792,303 shares of the company’s stock worth $17,573,000 after buying an additional 71,961 shares during the last quarter.

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