Swiss National Bank Acquires 1,500 Shares of Helios Technologies, Inc. (NASDAQ:HLIO)

Swiss National Bank lifted its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO – Get Rating) by 1.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 78,500 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. Swiss National Bank’s holdings in Helios Technologies were worth $4,274,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Arizona State Retirement System grew its position in Helios Technologies by 4.0% during the 4th quarter. Arizona State Retirement System now owns 9,183 shares of the company’s stock worth $500,000 after acquiring an additional 355 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Helios Technologies by 48.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 13,713 shares of the company’s stock worth $747,000 after acquiring an additional 4,503 shares during the last quarter. TD Asset Management Inc grew its position in shares of Helios Technologies by 14.7% in the 4th quarter. TD Asset Management Inc now owns 40,618 shares of the company’s stock worth $2,211,000 after buying an additional 5,200 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of Helios Technologies by 9.1% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,177 shares of the company’s stock worth $1,371,000 after buying an additional 2,108 shares during the last quarter. Finally, Wrapmanager Inc. bought a new stake in shares of Helios Technologies in the 4th quarter worth approximately $200,000. 90.75% of the stock is owned by hedge funds and other institutional investors.

Helios Technologies Stock Up 0.5 %

Helios Technologies stock opened at $52.96 on Friday. The stock has a market cap of $1.73 billion, a PE ratio of 21.10 and a beta of 1.12. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.35 and a current ratio of 2.67. Helios Technologies, Inc. has a one year low of $48.27 and a one year high of $73.64. The stock has a fifty day moving average of $61.01 and a 200 day moving average of $60.29.

Helios Technologies (NASDAQ:HLIO – Get Rating) last posted its quarterly earnings data on Monday, May 8th. The company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.04). The firm had revenue of $213.20 million for the quarter, compared to analysts’ expectations of $206.20 million. Helios Technologies had a net margin of 9.53% and a return on equity of 15.00%. The firm’s revenue was down 11.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.18 EPS. As a group, sell-side analysts predict that Helios Technologies, Inc. will post 3.68 EPS for the current year.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 20th. Shareholders of record on Wednesday, April 5th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.68%. The ex-dividend date was Tuesday, April 4th. Helios Technologies’s dividend payout ratio is presently 14.34%.

Analyst Upgrades and Downgrades

HLIO has been the topic of a number of recent analyst reports. Stifel Nicolaus cut their price objective on Helios Technologies from $77.00 to $71.00 in a research report on Wednesday, May 10th. CJS Securities initiated coverage on Helios Technologies in a research report on Friday, March 31st. They set an “outperform” rating and a $78.00 price target on the stock. Robert W. Baird dropped their price target on Helios Technologies from $82.00 to $73.00 in a research report on Tuesday, May 9th. Finally, KeyCorp lifted their price target on Helios Technologies from $71.00 to $74.00 and gave the company an “overweight” rating in a research report on Tuesday, February 28th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $77.40.

About Helios Technologies

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Helios Technologies, Inc engages in the development and manufacture of motion control and electronic controls technology. It operates through the Hydraulics and Electronics segments. The Hydraulics segment provides screw-in hydraulic cartridge valves, manifolds, and integrated fluid power packages and subsystems used in hydraulic systems.