48,737 Shares in Helios Technologies, Inc. (NASDAQ:HLIO) Bought by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 48,737 shares of the company's stock, valued at approximately $2,325,000. B. Metzler seel. Sohn & Co. Holding AG owned approximately 0.15% of Helios Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Helios Technologies by 0.8% in the first quarter. Vanguard Group Inc. now owns 3,243,814 shares of the company's stock worth $144,966,000 after acquiring an additional 24,975 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Helios Technologies by 30.8% in the third quarter. Thrivent Financial for Lutherans now owns 1,820,140 shares of the company's stock worth $86,821,000 after buying an additional 428,110 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Helios Technologies by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,284,429 shares of the company's stock worth $61,333,000 after buying an additional 54,205 shares during the period. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Helios Technologies in the second quarter worth about $42,900,000. Finally, Bank of New York Mellon Corp raised its stake in Helios Technologies by 24.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 463,657 shares of the company's stock valued at $22,140,000 after purchasing an additional 90,806 shares during the period. Hedge funds and other institutional investors own 94.72% of the company's stock.

Helios Technologies Stock Up 1.5 %

Shares of NASDAQ HLIO traded up $0.77 during mid-day trading on Friday, reaching $53.08. 101,083 shares of the company were exchanged, compared to its average volume of 205,840. The firm has a 50-day moving average of $47.98 and a 200 day moving average of $46.86. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52. Helios Technologies, Inc. has a 1 year low of $37.50 and a 1 year high of $57.29. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 46.97 and a beta of 0.84.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last posted its earnings results on Tuesday, November 5th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.54 by $0.05. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%. The firm had revenue of $194.50 million for the quarter, compared to analyst estimates of $196.41 million. During the same period last year, the company earned $0.44 earnings per share. Helios Technologies's revenue for the quarter was down 3.4% compared to the same quarter last year. On average, research analysts expect that Helios Technologies, Inc. will post 2.14 earnings per share for the current year.

Helios Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, October 21st. Stockholders of record on Friday, October 4th were paid 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 was Friday, October 4th. Helios Technologies's dividend payout ratio (DPR) is 31.86%.

Insider Activity

In related news, Director Diana Sacchi sold 615 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $53.91, for a total transaction 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 represents a 14.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.70% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus reduced their price objective 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.