Swiss National Bank Has $5.06 Million Position in Helios Technologies, Inc. (NASDAQ:HLIO)

Swiss National Bank grew its stake in shares of Helios Technologies, Inc. (NASDAQ:HLIOGet Rating) by 4.8% in the second quarter, Holdings Channel reports. The institutional investor owned 76,300 shares of the company’s stock after purchasing an additional 3,500 shares during the period. Swiss National Bank’s holdings in Helios Technologies were worth $5,055,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in HLIO. State of New Jersey Common Pension Fund D raised its position in shares of Helios Technologies by 32.4% during the first quarter. State of New Jersey Common Pension Fund D now owns 33,913 shares of the company’s stock valued at $2,722,000 after buying an additional 8,299 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of Helios Technologies during the first quarter valued at about $214,000. Advisor Group Holdings Inc. increased its stake in Helios Technologies by 15.6% in the first quarter. Advisor Group Holdings Inc. now owns 6,088 shares of the company’s stock valued at $441,000 after acquiring an additional 823 shares during the period. Ceredex Value Advisors LLC bought a new stake in Helios Technologies in the first quarter valued at about $7,632,000. Finally, Acuitas Investments LLC bought a new stake in Helios Technologies in the first quarter valued at about $281,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Helios Technologies Price Performance

Shares of Helios Technologies stock opened at $55.81 on Friday. The company has a current ratio of 2.60, a quick ratio of 1.35 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $1.82 billion, a price-to-earnings ratio of 17.39 and a beta of 1.18. Helios Technologies, Inc. has a 1-year low of $48.27 and a 1-year high of $110.23. The firm’s 50-day moving average price is $53.25 and its two-hundred day moving average price is $60.46.

Helios Technologies (NASDAQ:HLIOGet Rating) last issued its quarterly earnings data on Monday, November 7th. The company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.08). The firm had revenue of $207.20 million for the quarter, compared to the consensus estimate of $218.12 million. Helios Technologies had a return on equity of 18.86% and a net margin of 11.51%. Helios Technologies’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.07 earnings per share. On average, equities analysts predict that Helios Technologies, Inc. will post 3.99 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 20th. Stockholders of record on Wednesday, October 5th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, October 4th. This represents a $0.36 annualized dividend and a dividend yield of 0.65%. Helios Technologies’s dividend payout ratio (DPR) is currently 11.21%.

Analyst Upgrades and Downgrades

HLIO has been the topic of a number of analyst reports. Stifel Nicolaus lowered their target price on shares of Helios Technologies from $74.00 to $71.00 and set a “buy” rating on the stock in a research note on Tuesday, October 11th. Barrington Research lowered their target price on shares of Helios Technologies from $107.00 to $91.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 10th. Robert W. Baird lowered their target price on shares of Helios Technologies from $71.00 to $63.00 in a research note on Monday, November 7th. Finally, KeyCorp lowered their target price on shares of Helios Technologies from $90.00 to $71.00 and set an “overweight” rating on the stock in a research note on Friday, September 16th.

Helios Technologies Company Profile

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Helios Technologies, Inc, together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets 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; quick release coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers.

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Institutional Ownership by Quarter for Helios Technologies (NASDAQ:HLIO)

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