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

A number of brokerages recently commented on HOLI. Zacks Investment Research raised shares of Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a report on Monday, July 18th. Deutsche Bank AG began coverage on shares of Hollysys Automation Technologies in a report on Monday, July 11th. They issued a “buy” rating and a $25.80 price target for the company. Finally, Nomura Holdings Inc. raised shares of 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 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 company’s stock. The company has an average rating of “Hold” and an average price target of $20.78.

The stock has a 50 day moving average of $17.94 and a 200 day moving average of $18.52. The stock has a market capitalization of $1.17 billion and a price-to-earnings ratio of 11.67.

Other hedge funds and institutional investors have recently modified their holdings of the company. California Public Employees Retirement System increased 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 during the period. Boston Partners increased 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 during the period. Schroder Investment Management Group increased 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 during the period. Finally, BNP Paribas Arbitrage SA increased 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 during the period.

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