State of New Jersey Common Pension Fund D Boosts Stock Position in Helios Technologies, Inc. (NASDAQ:HLIO)

State of New Jersey Common Pension Fund D grew its position in Helios Technologies, Inc. (NASDAQ:HLIO - Free Report) by 51.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,374 shares of the company's stock after acquiring an additional 22,179 shares during the period. State of New Jersey Common Pension Fund D owned about 0.20% of Helios Technologies worth $2,965,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. OLD National Bancorp IN increased its holdings in shares of Helios Technologies by 13.7% during the 4th quarter. OLD National Bancorp IN now owns 7,264 shares of the company's stock worth $329,000 after acquiring an additional 877 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Helios Technologies by 95.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,869 shares of the company's stock worth $448,000 after buying an additional 4,832 shares during the last quarter. Conestoga Capital Advisors LLC grew its stake in Helios Technologies by 3.3% in the 4th quarter. Conestoga Capital Advisors LLC now owns 2,007,758 shares of the company's stock valued at $91,052,000 after buying an additional 64,712 shares during the last quarter. Ceredex Value Advisors LLC raised its holdings in Helios Technologies by 29.0% in the 4th quarter. Ceredex Value Advisors LLC now owns 288,119 shares of the company's stock valued at $13,066,000 after acquiring an additional 64,819 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Helios Technologies by 6.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,187 shares of the company's stock worth $689,000 after acquiring an additional 938 shares during the last quarter. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Helios Technologies Stock Performance

Shares of Helios Technologies stock traded up $0.79 on Monday, hitting $46.36. The stock had a trading volume of 170,673 shares, compared to its average volume of 208,234. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 40.67 and a beta of 0.96. The company has a quick ratio of 1.25, a current ratio of 2.74 and a debt-to-equity ratio of 0.58. Helios Technologies, Inc. has a twelve month low of $37.50 and a twelve month high of $67.31. The business's 50 day moving average is $44.44 and its two-hundred day moving average is $44.09.

Helios Technologies (NASDAQ:HLIO - Get Free Report) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.13. The firm had revenue of $193.40 million for the quarter, compared to analyst estimates of $183.87 million. Helios Technologies had a return on equity of 9.19% and a net margin of 4.49%. The company's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.78 EPS. Analysts forecast that Helios Technologies, Inc. will post 2.42 EPS for the current year.

Helios Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Thursday, April 4th were paid a $0.09 dividend. The ex-dividend date was Wednesday, April 3rd. This represents a $0.36 dividend on an annualized basis and a yield of 0.78%. Helios Technologies's dividend payout ratio (DPR) is 31.58%.

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.