Jane Street Group LLC Has $1.13 Million Position in Helios Technologies, Inc. (NASDAQ:HLIO)

Jane Street Group LLC trimmed its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 48.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,605 shares of the company's stock after selling 21,914 shares during the quarter. Jane Street Group LLC owned approximately 0.07% of Helios Technologies worth $1,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Isthmus Partners LLC lifted its stake in Helios Technologies by 1.1% in the second quarter. Isthmus Partners LLC now owns 63,669 shares of the company's stock valued at $30,000 after acquiring an additional 670 shares during the last quarter. nVerses Capital LLC lifted its stake in shares of Helios Technologies by 200.0% in 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 acquired a new stake in shares of Helios Technologies in the 2nd quarter valued at $110,000. Truvestments Capital LLC bought a new stake in Helios Technologies in the third quarter worth $179,000. Finally, Stephens Inc. AR acquired a new position in Helios Technologies during the third quarter worth $205,000. Institutional investors own 94.72% of the company's stock.

Helios Technologies Stock Performance

Shares of NASDAQ:HLIO traded down $0.56 during trading on Monday, reaching $44.42. The stock had a trading volume of 155,513 shares, compared to its average volume of 200,133. The stock has a fifty day simple moving average of $50.00 and a two-hundred day simple moving average of $46.89. 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 52 week low of $39.08 and a 52 week high of $57.29. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 39.31 and a beta of 0.85.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last announced 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. The firm had revenue of $194.50 million for 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 8.22%. The business's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 EPS. As a group, analysts anticipate that Helios Technologies, Inc. will post 2.14 earnings per share for the current fiscal year.

Helios Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 20th. Stockholders of record on Friday, January 3rd will be given a $0.09 dividend. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $0.36 annualized dividend and a dividend yield of 0.81%. Helios Technologies's dividend payout ratio is 31.86%.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, Director Diana Sacchi sold 615 shares of the company's 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 completion of the transaction, the director now owns 3,636 shares of the company's stock, valued at approximately $196,016.76. This represents a 14.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.70% of the stock is owned by company insiders.

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.