The Producers Life Insurance coverage Firm Has $238,000 Inventory Place in Allied Movement Applied sciences Inc. (NASDAQ:AMOT)

The Producers Life Insurance coverage Firm lowered its stake in Allied Movement Applied sciences Inc. (NASDAQ:AMOT – Get Ranking) by 7.0% through the third quarter, in line with the corporate in its most up-to-date submitting with the Securities & Trade Fee. The agency owned 7,602 shares of the expertise firm’s inventory after promoting 574 shares through the quarter. The Producers Life Insurance coverage Firm’s holdings in Allied Movement Applied sciences had been price $238,000 on the finish of the newest reporting interval.

A number of different hedge funds additionally not too long ago purchased and offered shares of AMOT. Marshall Wace LLP acquired a brand new place in shares of Allied Movement Applied sciences within the 1st quarter valued at $29,000. Authorized & Normal Group Plc raised its stake in Allied Movement Applied sciences by 41.1% through the 2nd quarter. Authorized & Normal Group Plc now owns 1,168 shares of the expertise firm’s inventory price $40,000 after shopping for an extra 340 shares through the interval. Citigroup Inc. raised its stake in Allied Movement Applied sciences by 119.3% through the third quarter. Citigroup Inc. now owns 1,327 shares of the expertise firm’s inventory price $42,000 after shopping for an extra 722 shares through the interval. Koshinski Asset Administration Inc. acquired a brand new stake in Allied Movement Applied sciences through the third quarter price $50,000. Lastly, Metropolitan Life Insurance coverage Co NY raised its stake in Allied Movement Applied sciences by 179,950.0% through the 2nd quarter. Metropolitan Life Insurance coverage Co NY now owns 3,601 shares of the expertise firm’s inventory price $124,000 after shopping for an extra 3,599 shares through the interval. 59.87% of the inventory is at the moment owned by institutional buyers.

A number of analysts have issued studies on AMOT shares. Zacks Funding Analysis raised Allied Movement Applied sciences from a “maintain” ranking to a “strong-buy” ranking and set a $48.00 value goal on the inventory in a analysis notice on Tuesday, January 4th. StockNews.com raised Allied Movement Applied sciences from a “purchase” ranking to a “strong-buy” ranking in a analysis notice on Saturday, February fifth.

AMOT opened at $34.82 on Tuesday. The agency has a market cap of $512.38 million, a P/E ratio of 19.94, a price-to-earnings-growth ratio of 1.66 and a beta of 1.68. The agency has a 50-day transferring common value of $36.73. The corporate has a debt-to-equity ratio of 0.67, a present ratio of two.52 and a fast ratio of 1.37. Allied Movement Applied sciences Inc. has a 1 12 months low of $29.32 and a 1 12 months excessive of $44.70.

About Allied Movement Applied sciences (Get Ranking)

Allied Movement Applied sciences, Inc engages within the provision of precision and specialty managed movement parts and methods utilized in a broad vary of industries. Its goal markets embrace automobile, medical, aerospace and protection, and industrial. It presents brushless motors, brushless motor drives, brushed DC motors, gear motors, and blowers.

Additional Studying

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

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