Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) shares shot up 2% on Monday . The stock traded as high as $19.73 and last traded at $19.65, with a volume of 59,635 shares trading hands. The stock had previously closed at $19.27.

Several brokerages have weighed in on HOLI. Zacks Investment Research upgraded Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research note on Monday, July 18th. Deutsche Bank AG assumed coverage on Hollysys Automation Technologies in a research note on Monday, July 11th. They issued a “buy” rating and a $25.80 price target on the stock. Finally, Nomura Holdings Inc. upgraded Hollysys Automation Technologies from a “reduce” rating to a “neutral” rating and decreased their price target for the company from $16.35 to $15.53 in a research note on Tuesday, May 24th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Hollysys Automation Technologies presently has an average rating of “Hold” and an average price target of $20.78.

The firm’s 50 day moving average price is $17.80 and its 200-day moving average price is $18.50. The firm has a market cap of $1.16 billion and a PE ratio of 11.56.

Other hedge funds and institutional investors have made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its position 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 in the last quarter. California Public Employees Retirement System boosted its position 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 in the last quarter. Boston Partners boosted its position 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 in the last quarter. Finally, Schroder Investment Management Group boosted its position 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 in the last quarter.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.