State of Alaska Department of Revenue increased its stake in shares of Analogic Corporation (NASDAQ:ALOG) by 78.9% during the second quarter, according to its most recent filing with the SEC. The fund owned 2,469 shares of the medical research company’s stock after buying an additional 1,089 shares during the period. State of Alaska Department of Revenue’s holdings in Analogic Corporation were worth $179,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its position in Analogic Corporation by 104.9% in the first quarter. Bank of New York Mellon Corp now owns 368,958 shares of the medical research company’s stock worth $28,004,000 after buying an additional 188,891 shares during the last quarter. US Bancorp DE boosted its position in Analogic Corporation by 59.0% in the first quarter. US Bancorp DE now owns 1,635 shares of the medical research company’s stock worth $124,000 after buying an additional 607 shares during the last quarter. First Trust Advisors LP boosted its position in Analogic Corporation by 194.6% in the first quarter. First Trust Advisors LP now owns 10,162 shares of the medical research company’s stock worth $771,000 after buying an additional 6,713 shares during the last quarter. Stoneridge Investment Partners LLC boosted its position in Analogic Corporation by 148.8% in the first quarter. Stoneridge Investment Partners LLC now owns 20,933 shares of the medical research company’s stock worth $1,589,000 after buying an additional 12,521 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its position in Analogic Corporation by 7.1% in the first quarter. Great West Life Assurance Co. Can now owns 17,446 shares of the medical research company’s stock worth $1,324,000 after buying an additional 1,160 shares during the last quarter.

Analogic Corporation (NASDAQ ALOG) traded up 1.27% during trading on Tuesday, hitting $71.50. The company’s stock had a trading volume of 10,698 shares. The firm has a 50 day moving average of $70.44 and a 200 day moving average of $73.94. Analogic Corporation has a 12 month low of $66.00 and a 12 month high of $95.85. The firm’s market cap is $891.61 million.

Analogic Corporation (NASDAQ:ALOG) last posted its earnings results on Tuesday, June 6th. The medical research company reported $0.79 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.05. Analogic Corporation had a positive return on equity of 6.75% and a negative net margin of 7.97%. The firm had revenue of $122.16 million for the quarter, compared to analysts’ expectations of $121.35 million. During the same period in the previous year, the firm earned $0.80 earnings per share. The business’s revenue was down 4.5% compared to the same quarter last year. Equities research analysts predict that Analogic Corporation will post $2.62 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This article was first posted by Daily Political and is the sole property of of Daily Political. If you are reading this article on another domain, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this article can be read at https://www.dailypolitical.com/2017/08/08/state-of-alaska-department-of-revenue-has-179000-position-in-analogic-corporation-nasdaqalog.html.

About Analogic Corporation

Analogic Corporation designs, manufactures and commercializes guidance, diagnostic imaging and threat detection technologies. The Company operates through three segments: Medical Imaging, Ultrasound, and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT), magnetic resonance imaging (MRI) and high-resolution digital mammography.

Want to see what other hedge funds are holding ALOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Analogic Corporation (NASDAQ:ALOG).

Institutional Ownership by Quarter for Analogic Corporation (NASDAQ:ALOG)

Receive News & Ratings for Analogic Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analogic Corporation and related companies with MarketBeat.com's FREE daily email newsletter.