Helios Technologies, Inc. (NASDAQ:HLIO) Director Diana Sacchi Sells 615 Shares of Stock

Helios Technologies, Inc. (NASDAQ:HLIO) Director Diana Sacchi sold 615 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $53.91, for a total value of $33,154.65. Following the completion of the sale, the director now owns 3,636 shares in the company, valued at $196,016.76. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Helios Technologies Trading Down 1.6 %

Shares of Helios Technologies stock opened at $52.77 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.92 and a quick ratio of 1.49. Helios Technologies, Inc. has a 1 year low of $37.50 and a 1 year high of $57.29. The firm has a market cap of $1.75 billion, a PE ratio of 46.70 and a beta of 0.84. The company has a 50 day simple moving average of $46.25 and a two-hundred day simple moving average of $46.55.

Helios Technologies (NASDAQ:HLIO) last posted its quarterly earnings data on Tuesday, November 5th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. The company had revenue of $194.50 million during the quarter, compared to the consensus estimate of $196.41 million. Helios Technologies had a net margin of 4.57% and a return on equity of 8.29%. The firm’s revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.44 EPS. Analysts expect that Helios Technologies, Inc. will post 2.15 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Friday, October 4th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend was Friday, October 4th. Helios Technologies’s payout ratio is currently 31.86%.

Hedge Funds Weigh In On Helios Technologies

Large investors have recently modified their holdings of the company. Innealta Capital LLC bought a new position in Helios Technologies during the second quarter valued at approximately $35,000. nVerses Capital LLC grew its holdings in shares of Helios Technologies by 200.0% during the 3rd quarter. nVerses Capital LLC now owns 1,200 shares of the company’s stock valued at $57,000 after purchasing an additional 800 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Helios Technologies during the 2nd quarter valued at $110,000. SG Americas Securities LLC bought a new stake in Helios Technologies in the second quarter worth $138,000. Finally, EntryPoint Capital LLC purchased a new stake in Helios Technologies during the first quarter valued at about $133,000. 94.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus decreased their target price on Helios Technologies from $64.00 to $63.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th.

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.