7,048 Shares in Helios Technologies, Inc. (NASDAQ:HLIO) Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC acquired a new stake in Helios Technologies, Inc. (NASDAQ:HLIO) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 7,048 shares of the company’s stock, valued at approximately $315,000.

A number of other institutional investors have also recently modified their holdings of the stock. Thrivent Financial for Lutherans lifted its position in shares of Helios Technologies by 30.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,820,140 shares of the company’s stock worth $86,821,000 after buying an additional 428,110 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Helios Technologies by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,284,429 shares of the company’s stock worth $61,333,000 after acquiring an additional 54,205 shares in the last quarter. Sara Bay Financial boosted its stake in shares of Helios Technologies by 25.5% in the 4th quarter. Sara Bay Financial now owns 1,217,467 shares of the company’s stock valued at $54,080,000 after purchasing an additional 247,088 shares in the last quarter. State Street Corp boosted its stake in shares of Helios Technologies by 0.6% in the 3rd quarter. State Street Corp now owns 773,777 shares of the company’s stock valued at $36,909,000 after purchasing an additional 4,699 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Helios Technologies by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 752,544 shares of the company’s stock valued at $35,904,000 after purchasing an additional 7,871 shares during the last quarter. 94.72% of the stock is currently owned by institutional investors.

Insider Activity

In other Helios Technologies news, Director Diana Sacchi sold 615 shares of the business’s stock in a transaction 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 owns 3,636 shares in the company, valued at approximately $196,016.76. The trade was a 14.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.70% of the company’s stock.

Analyst Upgrades and Downgrades

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

Helios Technologies Stock Performance

NASDAQ HLIO opened at $44.92 on Friday. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of 39.75 and a beta of 0.88. 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, Inc. has a twelve month low of $39.08 and a twelve month high of $57.29. The stock has a fifty day simple moving average of $48.39 and a 200 day simple moving average of $46.52.

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

Helios Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 20th. Shareholders of record on Friday, January 3rd were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend was Friday, January 3rd. Helios Technologies’s dividend payout ratio (DPR) is currently 31.86%.

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.