B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Helios Technologies, Inc. (NASDAQ:HLIO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 38,982 shares of the company’s stock, valued at approximately $2,061,000. B. Metzler seel. Sohn & Co. Holding AG owned 0.12% of Helios Technologies as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the business. Sei Investments Co. raised its holdings in shares of Helios Technologies by 27.4% in the 4th quarter. Sei Investments Co. now owns 55,026 shares of the company’s stock valued at $2,932,000 after buying an additional 11,846 shares during the period. GW&K Investment Management LLC raised its holdings in shares of Helios Technologies by 10.7% in the 4th quarter. GW&K Investment Management LLC now owns 739,907 shares of the company’s stock valued at $39,429,000 after buying an additional 71,297 shares during the period. Clearbridge Investments LLC purchased a new stake in shares of Helios Technologies in the 4th quarter valued at $368,000. Bank of New York Mellon Corp raised its holdings in shares of Helios Technologies by 5.1% in the 4th quarter. Bank of New York Mellon Corp now owns 157,113 shares of the company’s stock valued at $8,373,000 after buying an additional 7,566 shares during the period. Finally, ArrowMark Colorado Holdings LLC purchased a new stake in shares of Helios Technologies in the 3rd quarter valued at $4,823,000. Institutional investors own 87.28% of the company’s stock.
Several equities research analysts recently issued reports on HLIO shares. Zacks Investment Research upgraded Helios Technologies from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a report on Thursday, March 4th. Robert W. Baird boosted their price objective on Helios Technologies from $72.00 to $82.00 and gave the company an “outperform” rating in a report on Monday, March 8th. Finally, Morgan Stanley boosted their price objective on Helios Technologies from $50.00 to $76.00 and gave the company an “equal weight” rating in a report on Tuesday, March 9th.
In related news, CFO Tricia L. Fulton sold 600 shares of the business’s stock in a transaction on Thursday, February 4th. The stock was sold at an average price of $60.00, for a total transaction of $36,000.00. Following the completion of the transaction, the chief financial officer now directly owns 48,024 shares of the company’s stock, valued at approximately $2,881,440. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.10% of the company’s stock.
HLIO opened at $68.84 on Thursday. Helios Technologies, Inc. has a 12 month low of $29.03 and a 12 month high of $76.00. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 99.77 and a beta of 1.21. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.36 and a quick ratio of 1.46. The business has a fifty day moving average price of $70.01 and a 200 day moving average price of $54.70.
Helios Technologies (NASDAQ:HLIO) last released its earnings results on Sunday, February 28th. The company reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.19. Helios Technologies had a return on equity of 12.24% and a net margin of 4.52%. The firm had revenue of $151.60 million during the quarter, compared to analysts’ expectations of $140.52 million. During the same period in the previous year, the firm posted $0.54 EPS. Helios Technologies’s revenue for the quarter was up 20.4% on a year-over-year basis. On average, research analysts anticipate that Helios Technologies, Inc. will post 2.05 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 20th. Investors of record on Monday, April 5th will be paid a dividend of $0.09 per share. The ex-dividend date is Thursday, April 1st. This represents a $0.36 annualized dividend and a yield of 0.52%. Helios Technologies’s payout ratio is 14.81%.
Helios Technologies Profile
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 hydraulic 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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