Ativo Capital Management LLC maintained its stake in Allied Motion Technologies, Inc. (NASDAQ:AMOT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,457 shares of the technology company’s stock at the close of the second quarter. Ativo Capital Management LLC owned about 0.42% of Allied Motion Technologies worth $1,074,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Nationwide Fund Advisors increased its holdings in shares of Allied Motion Technologies by 11.8% in the 2nd quarter. Nationwide Fund Advisors now owns 4,778 shares of the technology company’s stock valued at $130,000 after acquiring an additional 505 shares during the period. Strs Ohio increased its holdings in shares of Allied Motion Technologies by 5.9% in the 2nd quarter. Strs Ohio now owns 7,200 shares of the technology company’s stock valued at $195,000 after acquiring an additional 400 shares during the period. Schwab Charles Investment Management Inc. purchased a new position in shares of Allied Motion Technologies in the 2nd quarter valued at $218,000. Pitcairn Co. purchased a new position in shares of Allied Motion Technologies in the 2nd quarter valued at $231,000. Finally, New York State Common Retirement Fund increased its holdings in shares of Allied Motion Technologies by 66.6% in the 2nd quarter. New York State Common Retirement Fund now owns 9,500 shares of the technology company’s stock valued at $259,000 after acquiring an additional 3,799 shares during the period. Institutional investors and hedge funds own 41.53% of the company’s stock.

Shares of Allied Motion Technologies, Inc. (NASDAQ:AMOT) opened at 25.68 on Friday. Allied Motion Technologies, Inc. has a 52-week low of $15.54 and a 52-week high of $30.31. The firm has a market cap of $242.73 million, a PE ratio of 27.67 and a beta of 1.92. The stock has a 50 day moving average price of $25.14 and a 200-day moving average price of $24.88.

Allied Motion Technologies (NASDAQ:AMOT) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.07). The business had revenue of $60.34 million during the quarter, compared to analysts’ expectations of $62.17 million. Allied Motion Technologies had a net margin of 3.41% and a return on equity of 10.65%. On average, equities analysts anticipate that Allied Motion Technologies, Inc. will post $1.00 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Thursday, August 17th were issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend was Tuesday, August 15th. Allied Motion Technologies’s dividend payout ratio (DPR) is presently 11.36%.

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A number of research analysts have recently issued reports on the company. Zacks Investment Research downgraded Allied Motion Technologies from a “hold” rating to a “strong sell” rating in a report on Friday, August 18th. TheStreet cut Allied Motion Technologies from a “b” rating to a “c+” rating in a research report on Tuesday, August 8th. Finally, BidaskClub raised Allied Motion Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th.

Allied Motion Technologies Profile

Allied Motion Technologies Inc designs, manufactures and sells precision and specialty motion control components and systems used in a range of industries. The Company serves various markets, including vehicle, medical, aerospace and defense, electronics and industrial. It focuses on motion control applications.

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Institutional Ownership by Quarter for Allied Motion Technologies (NASDAQ:AMOT)

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