Inspire Investing LLC lifted its stake in shares of Helios Technologies, Inc. (NASDAQ:HLIO – Free Report) by 19.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,688 shares of the company’s stock after purchasing an additional 1,733 shares during the period. Inspire Investing LLC’s holdings in Helios Technologies were worth $343,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in HLIO. Ameriprise Financial Inc. raised its stake in shares of Helios Technologies by 16.8% during the 4th quarter. Ameriprise Financial Inc. now owns 157,551 shares of the company’s stock worth $7,033,000 after purchasing an additional 22,680 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of Helios Technologies by 51.6% during the 4th quarter. Deutsche Bank AG now owns 31,174 shares of the company’s stock worth $1,392,000 after acquiring an additional 10,616 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Helios Technologies by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,909 shares of the company’s stock worth $844,000 after acquiring an additional 649 shares during the last quarter. ProShare Advisors LLC increased its holdings in shares of Helios Technologies by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 9,364 shares of the company’s stock worth $418,000 after acquiring an additional 3,081 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Helios Technologies by 0.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 61,895 shares of the company’s stock worth $2,763,000 after acquiring an additional 543 shares during the last quarter. Institutional investors own 94.72% of the company’s stock.
Helios Technologies Stock Down 0.0%
Shares of NASDAQ HLIO opened at $54.37 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03. Helios Technologies, Inc. has a 52 week low of $24.76 and a 52 week high of $57.29. The stock has a market capitalization of $1.80 billion, a P/E ratio of 48.11 and a beta of 1.30. The stock’s fifty day moving average is $46.59 and its 200 day moving average is $36.78.
Analyst Ratings Changes
HLIO has been the topic of a number of recent analyst reports. KeyCorp boosted their target price on Helios Technologies from $45.00 to $61.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Stifel Nicolaus boosted their target price on Helios Technologies from $39.00 to $43.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Helios Technologies presently has a consensus rating of “Buy” and an average price target of $51.00.
Get Our Latest Stock Analysis on HLIO
About Helios Technologies
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.
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