Helios Technologies, Inc. (NASDAQ:HLIO) Stock Position Increased by Advantage Alpha Capital Partners LP

Advantage Alpha Capital Partners LP boosted its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 7.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,636 shares of the company’s stock after buying an additional 3,000 shares during the quarter. Advantage Alpha Capital Partners LP owned 0.14% of Helios Technologies worth $2,177,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HLIO. Truvestments Capital LLC acquired a new stake in Helios Technologies in the 3rd quarter valued at about $179,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Helios Technologies by 11.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 364,984 shares of the company’s stock worth $17,410,000 after purchasing an additional 38,307 shares in the last quarter. Intech Investment Management LLC acquired a new stake in Helios Technologies during the third quarter valued at approximately $224,000. King Luther Capital Management Corp boosted its holdings in Helios Technologies by 1.0% during the third quarter. King Luther Capital Management Corp now owns 70,442 shares of the company’s stock worth $3,360,000 after buying an additional 704 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Helios Technologies in the third quarter worth approximately $2,325,000. Institutional investors own 94.72% of the company’s stock.

Analyst Ratings Changes

Separately, Stifel Nicolaus cut their price objective on Helios Technologies from $64.00 to $63.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th.

Helios Technologies Trading Up 1.7 %

NASDAQ:HLIO opened at $53.98 on Tuesday. The stock has a fifty day simple moving average of $48.46 and a 200 day simple moving average of $46.90. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 47.77 and a beta of 0.84. Helios Technologies, Inc. has a 1-year low of $37.50 and a 1-year high of $57.29. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52.

Helios Technologies (NASDAQ:HLIO) last announced its earnings results on Tuesday, November 5th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.54 by $0.05. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The company had revenue of $194.50 million during the quarter, compared to analysts’ expectations of $196.41 million. During the same period last year, the company posted $0.44 earnings per share. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. Sell-side analysts forecast that Helios Technologies, Inc. will post 2.14 earnings per share for the current year.

Helios Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Friday, October 4th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.67%. The ex-dividend date was Friday, October 4th. Helios Technologies’s dividend payout ratio (DPR) is currently 31.86%.

Insider Activity

In related news, Director Diana Sacchi sold 615 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $53.91, for a total transaction of $33,154.65. Following the completion of the sale, the director now directly owns 3,636 shares in the company, valued at approximately $196,016.76. This trade represents a 14.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company’s stock.

Helios Technologies Profile

Helios Technologies, Inc, together with its subsidiaries, provides engineered motion control and electronic control technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; hydraulic quick release coupling solutions for the agriculture, construction equipment, and industrial markets; motion control technology and fluid conveyance technology; cartridge valve technology; engineered solutions for machine users, manufacturers, or designers.