Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) saw an uptick in trading volume on Wednesday . 332,926 shares changed 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.

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

The firm has a 50-day moving average price of $17.73 and a 200 day moving average price of $18.52. The firm has a market capitalization of $1.14 billion and a PE ratio of 11.31.

Other hedge funds have made changes to their positions in the company. BNP Paribas Arbitrage SA boosted 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 period. Schroder Investment Management Group boosted 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 period. Boston Partners boosted 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 period. Finally, California Public Employees Retirement System boosted its stake in shares of 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 worth $7,956,000 after buying an additional 27,500 shares during the period.

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