Amalgamated Bank Sells 331 Shares of Helios Technologies, Inc. (NASDAQ:HLIO)

Amalgamated Bank trimmed its holdings in shares of Helios Technologies, Inc. (NASDAQ:HLIOFree Report) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,651 shares of the company’s stock after selling 331 shares during the period. Amalgamated Bank’s holdings in Helios Technologies were worth $211,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Helios Technologies by 22.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,037 shares of the company’s stock worth $279,000 after buying an additional 931 shares during the last quarter. OLD National Bancorp IN raised its stake in shares of Helios Technologies by 88.5% during the third quarter. OLD National Bancorp IN now owns 6,387 shares of the company’s stock worth $354,000 after buying an additional 2,998 shares during the last quarter. Wrapmanager Inc. raised its stake in shares of Helios Technologies by 33.3% during the third quarter. Wrapmanager Inc. now owns 8,126 shares of the company’s stock worth $451,000 after buying an additional 2,030 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in shares of Helios Technologies during the third quarter worth approximately $486,000. Finally, Victory Capital Management Inc. raised its stake in shares of Helios Technologies by 34.3% during the third quarter. Victory Capital Management Inc. now owns 9,721 shares of the company’s stock worth $539,000 after buying an additional 2,485 shares during the last quarter. 94.72% of the stock is owned by institutional investors.

Helios Technologies Trading Down 0.8 %

HLIO opened at $52.79 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.83 and a quick ratio of 1.35. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 52.79 and a beta of 0.93. The firm has a 50 day simple moving average of $46.51 and a 200 day simple moving average of $43.92. Helios Technologies, Inc. has a fifty-two week low of $37.50 and a fifty-two week high of $67.31.

Helios Technologies (NASDAQ:HLIOGet Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.08. The firm had revenue of $212.00 million during the quarter, compared to analysts’ expectations of $205.61 million. Helios Technologies had a net margin of 3.93% and a return on equity of 8.37%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.72 earnings per share. On average, sell-side analysts anticipate that Helios Technologies, Inc. will post 2.55 earnings per share for the current year.

Helios Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Thursday, April 4th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date was Wednesday, April 3rd. Helios Technologies’s dividend payout ratio is currently 36.00%.

About Helios Technologies

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding HLIO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helios Technologies, Inc. (NASDAQ:HLIOFree Report).

Institutional Ownership by Quarter for Helios Technologies (NASDAQ:HLIO)

Receive News & Ratings for Helios Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helios Technologies and related companies with MarketBeat.com's FREE daily email newsletter.