Shares of Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) saw unusually-strong trading volume on Wednesday . Approximately 332,926 shares traded hands during trading, a decline of 2% from the previous session’s volume of 340,102 shares.The stock last traded at $19.68 and had previously closed at $19.80.

Several research analysts have issued reports on HOLI shares. Deutsche Bank AG started coverage on shares of Hollysys Automation Technologies in a report on Monday, July 11th. They set a “buy” rating and a $25.80 target price on the stock. Zacks Investment Research upgraded shares of Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a report on Monday. Finally, Nomura Holdings Inc. upgraded shares of Hollysys Automation Technologies from a “reduce” rating to a “neutral” rating and dropped their target price for the stock from $16.35 to $15.53 in a report on Tuesday, May 24th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $20.78.

The stock has a market cap of $1.13 billion and a price-to-earnings ratio of 11.26. The firm’s 50 day moving average price is $17.66 and its 200-day moving average price is $18.52.

Several large investors have recently bought and sold shares of HOLI. BNP Paribas Arbitrage SA increased its stake in Hollysys Automation Technologies by 0.4% in the fourth quarter. BNP Paribas Arbitrage SA now owns 66,306 shares of the company’s stock valued at $1,471,000 after buying an additional 284 shares during the last quarter. Schroder Investment Management Group increased its stake in 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 valued at $126,032,000 after buying an additional 607,732 shares during the last quarter. Connective Capital Management LLC increased its stake in Hollysys Automation Technologies by 15.9% in the fourth quarter. Connective Capital Management LLC now owns 73,684 shares of the company’s stock valued at $1,635,000 after buying an additional 10,126 shares during the last quarter. Boston Partners increased its stake in Hollysys Automation Technologies by 10.0% in the fourth quarter. Boston Partners now owns 792,303 shares of the company’s stock valued at $17,573,000 after buying an additional 71,961 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in Hollysys Automation Technologies by 8.3% in the fourth quarter. California Public Employees Retirement System now owns 358,700 shares of the company’s stock valued at $7,956,000 after buying an additional 27,500 shares during the last quarter.

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