Allied Motion Technologies, Inc. (AMOT) Holdings Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its holdings in Allied Motion Technologies, Inc. (NASDAQ:AMOT) by 3.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 446,555 shares of the technology company’s stock after buying an additional 16,251 shares during the quarter. Dimensional Fund Advisors LP owned approximately 4.71% of Allied Motion Technologies worth $21,381,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Rhumbline Advisers grew its holdings in Allied Motion Technologies by 20.7% in the 2nd quarter. Rhumbline Advisers now owns 6,813 shares of the technology company’s stock valued at $326,000 after buying an additional 1,168 shares during the period. First Trust Advisors LP grew its holdings in Allied Motion Technologies by 18.4% in the 2nd quarter. First Trust Advisors LP now owns 7,952 shares of the technology company’s stock valued at $381,000 after buying an additional 1,234 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in Allied Motion Technologies by 16.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 13,933 shares of the technology company’s stock valued at $668,000 after buying an additional 1,959 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Allied Motion Technologies by 32.0% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 9,026 shares of the technology company’s stock valued at $432,000 after buying an additional 2,189 shares during the period. Finally, Ramsey Quantitative Systems grew its holdings in Allied Motion Technologies by 101.5% in the 2nd quarter. Ramsey Quantitative Systems now owns 4,957 shares of the technology company’s stock valued at $237,000 after buying an additional 2,497 shares during the period. Institutional investors own 47.64% of the company’s stock.

Several research firms have commented on AMOT. BidaskClub cut Allied Motion Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, July 17th. Zacks Investment Research cut Allied Motion Technologies from a “hold” rating to a “sell” rating in a report on Friday, August 10th.

AMOT opened at $44.80 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.67 and a quick ratio of 1.59. The stock has a market capitalization of $515.73 million, a price-to-earnings ratio of 36.72, a price-to-earnings-growth ratio of 4.66 and a beta of 2.13. Allied Motion Technologies, Inc. has a 12 month low of $26.25 and a 12 month high of $55.47.

Allied Motion Technologies (NASDAQ:AMOT) last released its quarterly earnings data on Thursday, August 2nd. The technology company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.07. The business had revenue of $79.98 million for the quarter. Allied Motion Technologies had a return on equity of 16.27% and a net margin of 4.04%. As a group, sell-side analysts forecast that Allied Motion Technologies, Inc. will post 1.67 EPS for the current fiscal year.

Allied Motion Technologies Company Profile

Allied Motion Technologies, Inc designs, manufactures, and sells precision and specialty motion control components and systems that are used in a range of industries worldwide. It provides automotive brushless (BL) DC motors, power steering solutions, and special purpose motors; fractional horsepower permanent magnet DC and BLDC motors serving a range of original equipment applications; and high performance BLDC motors, including servo motors, frameless motors, torque motors, slot less motors, high resolution encoders, and motor/encoder assemblies.

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

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