Teachers Retirement System of The State of Kentucky Continues to Hold Position in Analogic Corporation (ALOG)

Teachers Retirement System of The State of Kentucky continued to hold its stake in shares of Analogic Corporation (NASDAQ:ALOG) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,100 shares of the medical research company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Analogic Corporation were worth $311,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. State of Alaska Department of Revenue raised its stake in shares of Analogic Corporation by 3.0% in the first quarter. State of Alaska Department of Revenue now owns 1,380 shares of the medical research company’s stock worth $104,000 after buying an additional 40 shares during the period. AQR Capital Management LLC raised its stake 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 raised its stake in 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 valued at $216,000 after buying an additional 70 shares during the period. Louisiana State Employees Retirement System raised its stake in 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 valued at $387,000 after buying an additional 100 shares during the period. Finally, Legal & General Group Plc raised its stake in Analogic Corporation by 0.6% in the first quarter. Legal & General Group Plc now owns 22,053 shares of the medical research company’s stock valued at $1,674,000 after buying an additional 133 shares during the period.

Shares of Analogic Corporation (NASDAQ ALOG) opened at 69.50 on Friday. Analogic Corporation has a 1-year low of $66.00 and a 1-year high of $95.85. The company’s 50-day moving average is $70.79 and its 200 day moving average is $73.32. The firm’s market cap is $866.67 million.

Analogic Corporation (NASDAQ:ALOG) last announced its earnings results on Tuesday, June 6th. The medical research company reported $0.79 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.05. Analogic Corporation had a negative net margin of 7.97% and a positive return on equity of 6.75%. The company had revenue of $122.16 million during the quarter, compared to the consensus estimate of $121.35 million. During the same period in the previous year, the firm posted $0.80 earnings per share. The company’s revenue was down 4.5% on a year-over-year basis. On average, equities research analysts expect that Analogic Corporation will post $2.60 EPS for the current fiscal year.

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

Analogic Corporation Company Profile

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.

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

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