BNP Paribas Financial Markets Has $180,000 Stake in Helios Technologies, Inc. (NASDAQ:HLIO)

BNP Paribas Financial Markets lessened its stake in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 69.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,022 shares of the company's stock after selling 9,089 shares during the period. BNP Paribas Financial Markets' holdings in Helios Technologies were worth $180,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Signaturefd LLC increased its holdings in shares of Helios Technologies by 71.8% in the 4th quarter. Signaturefd LLC now owns 687 shares of the company's stock valued at $31,000 after acquiring an additional 287 shares during the last quarter. Aquatic Capital Management LLC raised its stake in shares of Helios Technologies by 148.8% during the 4th quarter. Aquatic Capital Management LLC now owns 3,732 shares of the company's stock worth $167,000 after buying an additional 2,232 shares during the last quarter. Dark Forest Capital Management LP acquired a new position in shares of Helios Technologies during the 4th quarter worth approximately $214,000. US Bancorp DE increased its position in Helios Technologies by 321.2% during the 4th quarter. US Bancorp DE now owns 6,705 shares of the company's stock worth $299,000 after purchasing an additional 5,113 shares in the last quarter. Finally, Empower Advisory Group LLC lifted its stake in shares of Helios Technologies by 10.0% during the fourth quarter. Empower Advisory Group LLC now owns 6,765 shares of the company's stock valued at $302,000 after buying an additional 615 shares during the period. 94.72% of the stock is owned by institutional investors and hedge funds.

Helios Technologies Price Performance

NASDAQ HLIO traded up $0.81 on Tuesday, reaching $29.65. The company's stock had a trading volume of 55,864 shares, compared to its average volume of 259,592. The business has a 50-day moving average price of $29.20 and a 200 day moving average price of $38.87. Helios Technologies, Inc. has a 52 week low of $24.76 and a 52 week high of $57.29. The firm has a market cap of $988.29 million, a PE ratio of 26.24 and a beta of 1.22. The company has a current ratio of 3.03, a quick ratio of 1.54 and a debt-to-equity ratio of 0.52.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.08. Helios Technologies had a net margin of 4.57% and a return on equity of 8.22%. The firm's revenue was down 7.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 EPS. Sell-side analysts expect that Helios Technologies, Inc. will post 2.06 EPS for the current year.

Helios Technologies announced that its board has authorized a share repurchase plan on Monday, February 24th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 7.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its stock is undervalued.

Helios Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Friday, April 4th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend was Friday, April 4th. Helios Technologies's dividend payout ratio is currently 32.43%.

Wall Street Analysts Forecast Growth

HLIO has been the topic of a number of research analyst reports. Stifel Nicolaus lifted their target price on Helios Technologies from $35.00 to $39.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Robert W. Baird dropped their target price on shares of Helios Technologies from $65.00 to $49.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th.

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.