Barclays PLC Raises Stock Position in Helios Technologies, Inc. (NASDAQ:HLIO)

Barclays PLC lifted its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 230.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,451 shares of the company’s stock after buying an additional 40,048 shares during the period. Barclays PLC’s holdings in Helios Technologies were worth $2,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. State Street Corp grew its position in Helios Technologies by 0.6% in the third quarter. State Street Corp now owns 773,777 shares of the company’s stock worth $36,909,000 after acquiring an additional 4,699 shares during the period. Stifel Financial Corp lifted its stake in shares of Helios Technologies by 46.5% in the 3rd quarter. Stifel Financial Corp now owns 50,547 shares of the company’s stock valued at $2,411,000 after purchasing an additional 16,041 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Helios Technologies by 60.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 53,959 shares of the company’s stock worth $2,574,000 after purchasing an additional 20,250 shares during the period. BNP Paribas Financial Markets increased its position in shares of Helios Technologies by 20.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 13,111 shares of the company’s stock worth $625,000 after purchasing an additional 2,190 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in Helios Technologies in the 3rd quarter valued at about $494,000. Hedge funds and other institutional investors own 94.72% of the company’s stock.

Helios Technologies Stock Up 0.7 %

Shares of NASDAQ HLIO opened at $45.94 on Wednesday. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52. The business’s 50 day moving average is $50.33 and its two-hundred day moving average is $46.99. Helios Technologies, Inc. has a 52-week low of $39.08 and a 52-week high of $57.29. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 40.66 and a beta of 0.85.

Helios Technologies (NASDAQ:HLIO) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.05. The firm had revenue of $194.50 million for the quarter, compared to the consensus estimate of $196.41 million. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.44 EPS. Research analysts predict that Helios Technologies, Inc. will post 2.14 EPS for the current year.

Helios Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 20th. Investors of record on Friday, January 3rd will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Friday, January 3rd. Helios Technologies’s dividend payout ratio (DPR) is currently 31.86%.

Analyst Ratings Changes

Separately, Stifel Nicolaus lowered their target price on shares of Helios Technologies from $64.00 to $63.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th.

Insider Buying and Selling

In related news, Director Diana Sacchi sold 615 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $53.91, for a total transaction of $33,154.65. Following the completion of the transaction, the director now directly owns 3,636 shares of the company’s stock, valued at $196,016.76. The trade was a 14.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.70% of the stock is owned by insiders.

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.