12,210 Shares in Helios Technologies, Inc. (NASDAQ:HLIO) Bought by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. bought a new stake in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,210 shares of the company's stock, valued at approximately $583,000.

Several other hedge funds have also bought and sold shares of the stock. Isthmus Partners LLC grew its position in Helios Technologies by 1.1% in the second quarter. Isthmus Partners LLC now owns 63,669 shares of the company's stock worth $30,000 after acquiring an additional 670 shares in the last quarter. Innealta Capital LLC purchased a new stake in shares of Helios Technologies in the 2nd quarter valued at $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 purchased a new position in Helios Technologies in the 2nd quarter worth $110,000. Finally, EntryPoint Capital LLC bought a new stake in Helios Technologies in the first quarter worth $133,000. 94.72% of the stock is currently owned by institutional investors.

Helios Technologies Trading Up 0.7 %

Shares of Helios Technologies stock traded up $0.37 on Monday, hitting $50.23. The stock had a trading volume of 239,385 shares, compared to its average volume of 206,725. The stock's 50-day simple moving average is $47.16 and its two-hundred day simple moving average is $46.76. Helios Technologies, Inc. has a one year low of $37.50 and a one year high of $57.29. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 44.45 and a beta of 0.84.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.05. The firm had revenue of $194.50 million for the quarter, compared to analysts' expectations of $196.41 million. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The company's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.44 earnings per share. As a group, sell-side analysts predict that Helios Technologies, Inc. will post 2.14 EPS for the current year.

Helios Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 21st. Investors of record on Friday, October 4th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date was Friday, October 4th. Helios Technologies's payout ratio is 31.86%.

Insider Activity at Helios Technologies

In other news, Director Diana Sacchi sold 615 shares of Helios Technologies stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $53.91, for a total transaction of $33,154.65. Following the sale, the director now owns 3,636 shares of the company's stock, valued at approximately $196,016.76. The trade was a 14.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.70% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, Stifel Nicolaus decreased their price objective on Helios Technologies from $64.00 to $63.00 and set a "buy" rating on the stock in a report on Wednesday, October 16th.

Helios Technologies 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.