Martingale Asset Management L P lifted its stake in Analogic Corporation (NASDAQ:ALOG) by 4.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,335 shares of the medical research company’s stock after buying an additional 2,301 shares during the period. Martingale Asset Management L P owned approximately 0.42% of Analogic Corporation worth $3,803,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC boosted its position in shares of Analogic Corporation by 0.3% in the first quarter. AQR Capital Management LLC now owns 21,608 shares of the medical research company’s stock worth $1,640,000 after buying an additional 55 shares during the period. Municipal Employees Retirement System of Michigan boosted its position in shares of Analogic Corporation by 2.5% in the first quarter. Municipal Employees Retirement System of Michigan now owns 2,850 shares of the medical research company’s stock worth $216,000 after buying an additional 70 shares during the period. Texas Permanent School Fund boosted its position in shares of Analogic Corporation by 1.1% in the second quarter. Texas Permanent School Fund now owns 9,118 shares of the medical research company’s stock worth $662,000 after buying an additional 99 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Analogic Corporation by 2.0% in the first quarter. Louisiana State Employees Retirement System now owns 5,100 shares of the medical research company’s stock worth $387,000 after buying an additional 100 shares during the period. Finally, Arizona State Retirement System boosted its position in shares of Analogic Corporation by 1.5% in the second quarter. Arizona State Retirement System now owns 6,561 shares of the medical research company’s stock worth $477,000 after buying an additional 100 shares during the period. 98.91% of the stock is owned by institutional investors.

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Shares of Analogic Corporation (NASDAQ ALOG) opened at 77.20 on Friday. Analogic Corporation has a 12 month low of $66.00 and a 12 month high of $95.85. The stock’s market cap is $962.68 million. The stock has a 50 day moving average price of $71.57 and a 200 day moving average price of $72.38.

Separately, Jefferies Group LLC initiated coverage on Analogic Corporation in a research report on Wednesday, August 9th. They issued a “hold” rating and a $75.00 target price for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Analogic Corporation currently has a consensus rating of “Hold” and an average price target of $87.00.

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.

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

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