Investment analysts at StockNews.com began coverage on shares of Orion Energy Systems (NASDAQ:OESX – Get Free Report) in a report released on Friday. The brokerage set a “hold” rating on the electronics maker’s stock.
Separately, HC Wainwright reissued a “buy” rating and set a $3.00 target price on shares of Orion Energy Systems in a research note on Friday, June 7th.
View Our Latest Research Report on Orion Energy Systems
Orion Energy Systems Trading Up 2.5 %
Institutional Trading of Orion Energy Systems
Several institutional investors have recently modified their holdings of the company. US Bancorp DE boosted its position in shares of Orion Energy Systems by 111.5% in the fourth quarter. US Bancorp DE now owns 952,274 shares of the electronics maker’s stock worth $825,000 after buying an additional 502,023 shares during the period. Grace & White Inc. NY boosted its holdings in shares of Orion Energy Systems by 154.0% during the fourth quarter. Grace & White Inc. NY now owns 2,630,829 shares of the electronics maker’s stock worth $2,280,000 after purchasing an additional 1,594,972 shares during the period. Finally, North Star Investment Management Corp. grew its position in Orion Energy Systems by 33.2% during the fourth quarter. North Star Investment Management Corp. now owns 3,813,702 shares of the electronics maker’s stock valued at $3,305,000 after purchasing an additional 951,240 shares in the last quarter. Institutional investors and hedge funds own 52.59% of the company’s stock.
Orion Energy Systems Company Profile
Orion Energy Systems, Inc researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, exterior area lighting, and industrial applications in North America. The company operates through three segments: Orion Services Group, Orion Distribution Services, and Orion U.S.
Further Reading
- Five stocks we like better than Orion Energy Systems
- Pros And Cons Of Monthly Dividend Stocks
- BlackBerry Stock: Strong Earnings, Profitability Challenges Ahead
- What Are Dividend Challengers?
- Progress Software Stock Back in the Green After Beating Forecasts
- 3 Warren Buffett Stocks to Buy Now
- Goldman Sachs Raises Stock Target for Affirm: Key Insights
Receive News & Ratings for Orion Energy Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orion Energy Systems and related companies with MarketBeat.com's FREE daily email newsletter.