Chris Davis Adjusts Position in Hollysys Automation Technologies Ltd

GuruFocus.com02-12

Recent Transaction Overview On December 31, 2023, Davis Advisors, under the leadership of portfolio manager Chris Davis (Trades, Portfolio), made a notable adjustment to its investment in Hollysys ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2410846044?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/mLxivEcIsUMBu4gpDMFh0g--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/63409cc1dd905ab4287024b8133fd4e3","is_english":true,"pubTime":"2024-02-12 20:06","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2410846044","market":"us","top_or_hot":-1,"title":"Chris Davis Adjusts Position in Hollysys Automation Technologies Ltd","media":"GuruFocus.com","content":"<div>\n<p>Recent Transaction Overview\nOn December 31, 2023, Davis Advisors, under the leadership of portfolio manager Chris Davis (Trades, Portfolio), made a notable adjustment to its investment in Hollysys ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chris-davis-adjusts-position-hollysys-120600770.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chris Davis Adjusts Position in Hollysys Automation Technologies Ltd</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChris Davis Adjusts Position in Hollysys Automation Technologies Ltd\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-12 20:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chris-davis-adjusts-position-hollysys-120600770.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Recent Transaction Overview\nOn December 31, 2023, Davis Advisors, under the leadership of portfolio manager Chris Davis (Trades, Portfolio), made a notable adjustment to its investment in Hollysys ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chris-davis-adjusts-position-hollysys-120600770.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4534","symbol_name":"瑞士信贷持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/chris-davis-adjusts-position-hollysys-120600770.html","article_id":"2410846044","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/mLxivEcIsUMBu4gpDMFh0g--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/63409cc1dd905ab4287024b8133fd4e3"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2410846044","pubTimestamp":1707739560,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"On December 31, 2023, Davis Advisors, under the leadership of portfolio manager Chris Davis , made a notable adjustment to its investment in Hollysys Automation Technologies Ltd . The firm reduced its holdings by 119,874 shares, which resulted in a -2.23% change in the trade share. This transaction had a minor impact of -0.02% on the portfolio, with the trade executed at a price of $26.35 per share. Following the trade, Davis Advisors holds a total of 5,248,240 shares in Hollysys, representing an 8.50% ownership stake in the company and accounting for 0.87% of the firm's portfolio.The recent transaction by Chris Davis  has slightly decreased the firm's exposure to Hollysys Automation Technologies Ltd. The trade's impact on the portfolio was minimal, yet it reflects a strategic decision by the firm to adjust its position in the company. With a trade position of 0.87% in the portfolio and a significant 8.50% stake in Hollysys, Davis Advisors remains a major investor in the company.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4534":"瑞士信贷持仓","META":"Meta Platforms","QID":"纳指两倍做空ETF","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BRK.A":"伯克希尔","TQQQ":"纳指三倍做多ETF","BK4220":"综合零售","PSQ":"纳指反向ETF","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","QLD":"纳指两倍做多ETF","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0690374961.EUR":"FUNDSMITH EQUITY \"R\" (EUR) INC","QQQ":"纳指100ETF","LU0690374615.EUR":"FUNDSMITH EQUITY \"R\" (EUR) ACC","SQQQ":"纳指三倍做空ETF","HOLI":"和利时自动化","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","BK4548":"巴美列捷福持仓","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc",".IXIC":"NASDAQ Composite","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","GB00B4LPDJ14.GBP":"FUNDSMITH EQUITY \"R\" (GBP) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4554":"元宇宙及AR概念","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4532":"文艺复兴科技持仓","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","AMZN":"亚马逊"},"translate_title":"克里斯戴维斯调整在和利时自动化技术有限公司的职位","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1,"BRK.A":1,"META":1,"HOLI":1,"TQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,".IXIC":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Recent Transaction Overview\nOn December 31, 2023, Davis Advisors, under the leadership of portfolio manager Chris Davis (Trades, Portfolio), made a notable adjustment to its investment in Hollysys Automation Technologies Ltd (NASDAQ:HOLI). The firm reduced its holdings by 119,874 shares, which resulted in a -2.23% change in the trade share. This transaction had a minor impact of -0.02% on the portfolio, with the trade executed at a price of $26.35 per share. Following the trade, Davis Advisors holds a total of 5,248,240 shares in Hollysys, representing an 8.50% ownership stake in the company and accounting for 0.87% of the firm's portfolio.\nProfile of Chris Davis (Trades, Portfolio) and Davis Advisors\n\nWarning! GuruFocus has detected 5 Warning Signs with HOLI.\n\nDavis Advisors is a prominent investment management firm overseeing assets worth over $60 billion. Chris Davis (Trades, Portfolio), at the helm of the Davis Financial Fund, is known for a long-term investment approach, favoring durable and well-managed businesses available at value prices. The firm's strategy is particularly focused on financial services companies, with a typical holding period ranging from four to seven years. Among the top holdings are industry giants such as Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), and Berkshire Hathaway Inc (NYSE:BRK.A). Davis Advisors has a significant equity portfolio valued at $15.95 billion, with a strong inclination towards the Financial Services and Communication Services sectors.\nHollysys Automation Technologies Ltd at a Glance\nHollysys Automation Technologies Ltd, based in China, specializes in automation and control technologies. The company, which went public on March 10, 2005, operates through segments including Industrial Automation, Mechanical and Electrical Solutions, and Rail Transportation Automation. Hollysys has established a strong presence in the Chinese market, where it generates the majority of its sales. With a market capitalization of $1.6 billion and a current stock price of $25.71, Hollysys is a key player in the industrial products sector.\nImpact of the Trade on Davis's Portfolio\nThe recent transaction by Chris Davis (Trades, Portfolio) has slightly decreased the firm's exposure to Hollysys Automation Technologies Ltd. The trade's impact on the portfolio was minimal, yet it reflects a strategic decision by the firm to adjust its position in the company. With a trade position of 0.87% in the portfolio and a significant 8.50% stake in Hollysys, Davis Advisors remains a major investor in the company.\nHollysys' Financial and Market Performance\nHollysys Automation Technologies Ltd is currently deemed Modestly Overvalued with a GF Value of $20.37 and a price to GF Value ratio of 1.26. The stock has experienced a -2.43% price change since the transaction and a -1.72% change year-to-date. Despite these fluctuations, the company has seen a substantial 394.42% price increase since its IPO. Hollysys holds a GF Score of 73/100, indicating a likelihood of average performance in the future.\nComparative Stock Valuation\nWhen comparing the trade price of $26.35 to the current stock price and GF Value, it appears that Davis Advisors capitalized on a higher valuation at the time of the trade. The stock's current status as Modestly Overvalued suggests that the firm's decision to reduce its position was aligned with its value investment philosophy.\nProspects and Performance Metrics\nHollysys Automation Technologies Ltd exhibits a strong Financial Strength with a rank of 9/10 and a Profitability Rank of 7/10. The company's Growth Rank stands at 5/10, while the GF Value Rank and Momentum Rank are both at 3/10. Hollysys' robust interest coverage ratio of 105.35 and an Altman Z score of 3.86 further underscore its financial health.\nIndustry Context and Largest Guru Stake\nIn the broader industrial products sector, Hollysys Automation Technologies Ltd maintains a competitive position. Davis Selected Advisers, another investment firm, holds the largest guru stake in Hollysys, although the exact share percentage is not disclosed. This stake by a prominent investment firm underscores the potential that industry experts see in Hollysys within its sector.\nTransaction Analysis and Conclusion\nThe reduction in Hollysys shares by Chris Davis (Trades, Portfolio)'s firm is a strategic move that aligns with the firm's investment philosophy and market valuation assessments. While the transaction had a minor impact on the overall portfolio, it reflects the firm's active management and commitment to value investing. As Hollysys continues to navigate the industrial products market, Davis Advisors' adjusted position will be closely watched by investors seeking insights into the company's future potential.\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2410846044"}