Susquehanna International Group LLP Buys 12,889 Shares of Helios Technologies, Inc. (NASDAQ:HLIO)

Susquehanna International Group LLP boosted its stake in shares of Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 49.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,204 shares of the company's stock after purchasing an additional 12,889 shares during the period. Susquehanna International Group LLP owned about 0.12% of Helios Technologies worth $1,750,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Signaturefd LLC lifted its stake in shares of Helios Technologies by 71.8% during the 4th quarter. Signaturefd LLC now owns 687 shares of the company's stock valued at $31,000 after buying an additional 287 shares in the last quarter. US Bancorp DE raised its holdings in Helios Technologies by 321.2% during the fourth quarter. US Bancorp DE now owns 6,705 shares of the company's stock valued at $299,000 after acquiring an additional 5,113 shares during the period. Empower Advisory Group LLC lifted its position in shares of Helios Technologies by 10.0% in the fourth quarter. Empower Advisory Group LLC now owns 6,765 shares of the company's stock valued at $302,000 after acquiring an additional 615 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Helios Technologies in the fourth quarter valued at about $315,000. Finally, KLP Kapitalforvaltning AS bought a new position in shares of Helios Technologies in the fourth quarter worth about $330,000. Institutional investors own 94.72% of the company's stock.

Helios Technologies Price Performance

Shares of HLIO traded down $0.38 during midday trading on Wednesday, hitting $33.34. 326,840 shares of the company traded hands, compared to its average volume of 213,056. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 29.50 and a beta of 1.22. The firm has a 50 day moving average of $30.32 and a 200-day moving average of $40.75. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 3.03. Helios Technologies, Inc. has a 52 week low of $24.76 and a 52 week high of $57.29.

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

Helios Technologies announced that its Board of Directors has initiated a stock repurchase plan on Monday, February 24th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 7.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Helios Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Friday, April 4th were paid a $0.09 dividend. The ex-dividend date was Friday, April 4th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.08%. Helios Technologies's payout ratio is currently 32.43%.

Analyst Upgrades and Downgrades

HLIO has been the topic of several recent 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 research note on Thursday, May 8th. Robert W. Baird reduced their price objective on shares of Helios Technologies from $65.00 to $49.00 and set an "outperform" rating on the stock in a research report on Thursday, May 8th.

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.