Nisa Investment Advisors LLC Decreases Stake in Helios Technologies, Inc. (NASDAQ:HLIO)

Nisa Investment Advisors LLC lowered its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 11.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 10,433 shares of the company’s stock after selling 1,309 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Helios Technologies were worth $473,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of HLIO. Advisor Group Holdings Inc. grew its holdings in shares of Helios Technologies by 15.6% during the 1st quarter. Advisor Group Holdings Inc. now owns 6,088 shares of the company’s stock worth $441,000 after purchasing an additional 823 shares during the period. Raymond James & Associates boosted its holdings in Helios Technologies by 9.5% in the 1st quarter. Raymond James & Associates now owns 52,400 shares of the company’s stock worth $4,205,000 after acquiring an additional 4,529 shares during the period. US Bancorp DE boosted its holdings in Helios Technologies by 32.5% in the 1st quarter. US Bancorp DE now owns 5,397 shares of the company’s stock worth $434,000 after acquiring an additional 1,325 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Helios Technologies by 31.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,375 shares of the company’s stock worth $512,000 after acquiring an additional 1,519 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Helios Technologies in the 1st quarter worth approximately $1,124,000. Hedge funds and other institutional investors own 94.72% of the company’s stock.

Helios Technologies Stock Up 0.7 %

NASDAQ HLIO opened at $46.09 on Thursday. The stock has a market cap of $1.53 billion, a PE ratio of 19.47 and a beta of 0.96. Helios Technologies, Inc. has a fifty-two week low of $37.50 and a fifty-two week high of $67.31. The business has a 50 day moving average price of $43.98 and a two-hundred day moving average price of $44.61. The company has a quick ratio of 1.25, a current ratio of 2.74 and a debt-to-equity ratio of 0.58.

Helios Technologies (NASDAQ:HLIO) last released its quarterly earnings results on Monday, February 26th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.13. The firm had revenue of $193.40 million during the quarter, compared to analysts’ expectations of $183.87 million. Helios Technologies had a return on equity of 9.19% and a net margin of 4.49%. Helios Technologies’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.78 EPS. As a group, sell-side analysts predict that Helios Technologies, Inc. will post 2.44 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Thursday, April 4th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Wednesday, April 3rd. Helios Technologies’s dividend payout ratio is presently 31.58%.

Helios Technologies Company 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.