Capstone Investment Advisors LLC Purchases Shares of 8,875 Helios Technologies, Inc. (NASDAQ:HLIO)

Capstone Investment Advisors LLC acquired a new position in shares of Helios Technologies, Inc. (NASDAQ:HLIOFree Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,875 shares of the company’s stock, valued at approximately $397,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HLIO. Glenmede Trust Co. NA grew its holdings in Helios Technologies by 28.4% during the 3rd quarter. Glenmede Trust Co. NA now owns 9,885 shares of the company’s stock worth $548,000 after acquiring an additional 2,185 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in Helios Technologies by 27.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 95,694 shares of the company’s stock worth $5,309,000 after purchasing an additional 20,485 shares in the last quarter. OLD National Bancorp IN lifted its stake in Helios Technologies by 88.5% in the third quarter. OLD National Bancorp IN now owns 6,387 shares of the company’s stock valued at $354,000 after buying an additional 2,998 shares during the period. Comerica Bank boosted its holdings in shares of Helios Technologies by 12.8% during the 3rd quarter. Comerica Bank now owns 151,248 shares of the company’s stock worth $8,391,000 after buying an additional 17,180 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in shares of Helios Technologies by 117.7% during the 3rd quarter. Wellington Management Group LLP now owns 1,118,943 shares of the company’s stock worth $62,079,000 after buying an additional 605,077 shares during the period. 94.72% of the stock is owned by institutional investors and hedge funds.

Helios Technologies Stock Down 0.4 %

Helios Technologies stock opened at $46.36 on Tuesday. The company has a quick ratio of 1.35, a current ratio of 2.83 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $1.54 billion, a PE ratio of 21.55 and a beta of 0.85. The firm’s fifty day moving average is $48.86 and its 200 day moving average is $45.50. Helios Technologies, Inc. has a 12-month low of $37.50 and a 12-month high of $67.31.

Helios Technologies (NASDAQ:HLIOGet Free Report) last issued its earnings results on Wednesday, May 8th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.45 by $0.08. Helios Technologies had a return on equity of 8.37% and a net margin of 3.93%. The company had revenue of $212.00 million during the quarter, compared to the consensus estimate of $205.61 million. During the same period last year, the business posted $0.72 EPS. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. As a group, sell-side analysts predict that Helios Technologies, Inc. will post 2.55 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Friday, July 5th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Friday, July 5th. Helios Technologies’s payout ratio is 36.00%.

About Helios Technologies

(Free Report)

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.

See Also

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

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