PNC Financial Services Group Inc. Sells 180 Shares of Analogic Corporation (NASDAQ:ALOG)

PNC Financial Services Group Inc. decreased its position in Analogic Corporation (NASDAQ:ALOG) by 5.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,348 shares of the medical research company’s stock after selling 180 shares during the period. PNC Financial Services Group Inc.’s holdings in Analogic Corporation were worth $255,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. State of Alaska Department of Revenue raised its position in 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 in the last quarter. Municipal Employees Retirement System of Michigan raised its position 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 worth $216,000 after buying an additional 70 shares in the last quarter. Louisiana State Employees Retirement System raised its position 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 worth $387,000 after buying an additional 100 shares in the last quarter. Mason Street Advisors LLC raised its position in Analogic Corporation by 7.1% in the first quarter. Mason Street Advisors LLC now owns 2,913 shares of the medical research company’s stock worth $221,000 after buying an additional 192 shares in the last quarter. Finally, Independent Portfolio Consultants Inc. raised its position in Analogic Corporation by 6.1% in the first quarter. Independent Portfolio Consultants Inc. now owns 9,805 shares of the medical research company’s stock worth $744,000 after buying an additional 565 shares in the last quarter.

Analogic Corporation (ALOG) opened at 72.00 on Tuesday. The company’s 50-day moving average is $70.94 and its 200-day moving average is $75.90. Analogic Corporation has a 52-week low of $66.00 and a 52-week high of $95.85. The company’s market capitalization is $897.84 million.

Analogic Corporation (NASDAQ:ALOG) last released its quarterly earnings data on Tuesday, June 6th. The medical research company reported $0.79 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.05. The business had revenue of $122.16 million for the quarter, compared to the consensus estimate of $121.35 million. Analogic Corporation had a negative net margin of 7.97% and a positive return on equity of 6.75%. The company’s revenue was down 4.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 earnings per share. On average, analysts expect that Analogic Corporation will post $2.92 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Friday, June 16th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.56%. The ex-dividend date was Wednesday, June 14th. Analogic Corporation’s dividend payout ratio (DPR) is presently -12.16%.

TRADEMARK VIOLATION NOTICE: This report was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this report on another site, it was copied illegally and republished in violation of United States and international copyright legislation. The legal version of this report can be viewed at https://sportsperspectives.com/2017/07/18/pnc-financial-services-group-inc-sells-180-shares-of-analogic-corporation-nasdaqalog.html.

About Analogic Corporation

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)

Receive News & Ratings for Analogic Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analogic Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply