OLD National Bancorp IN Has $329,000 Stock Holdings in Helios Technologies, Inc. (NASDAQ:HLIO)

OLD National Bancorp IN raised its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 13.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,264 shares of the company’s stock after buying an additional 877 shares during the period. OLD National Bancorp IN’s holdings in Helios Technologies were worth $329,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Wellington Management Group LLP boosted its stake in Helios Technologies by 117.7% in the third quarter. Wellington Management Group LLP now owns 1,118,943 shares of the company’s stock valued at $62,079,000 after acquiring an additional 605,077 shares during the last quarter. Tributary Capital Management LLC bought a new position in Helios Technologies in the fourth quarter valued at approximately $7,950,000. Vanguard Group Inc. boosted its stake in Helios Technologies by 0.7% in the third quarter. Vanguard Group Inc. now owns 3,130,183 shares of the company’s stock valued at $173,663,000 after acquiring an additional 21,983 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Helios Technologies by 22.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,037 shares of the company’s stock valued at $279,000 after acquiring an additional 931 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Helios Technologies by 2.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 270,198 shares of the company’s stock worth $14,991,000 after purchasing an additional 6,148 shares in the last quarter. 94.72% of the stock is owned by institutional investors.

Helios Technologies Trading Down 2.3 %

Shares of NASDAQ HLIO opened at $44.70 on Friday. The company’s fifty day moving average is $44.41 and its 200-day moving average is $44.31. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 19.47 and a beta of 0.96. Helios Technologies, Inc. has a twelve month low of $37.50 and a twelve month high of $67.31. 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 (NASDAQ:HLIO) last announced its quarterly earnings results on Monday, February 26th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.13. The company had revenue of $193.40 million for the quarter, compared to analysts’ expectations of $183.87 million. Helios Technologies had a net margin of 4.49% and a return on equity of 9.19%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the firm posted $0.78 earnings per share. Equities research analysts predict that Helios Technologies, Inc. will post 2.42 EPS for the current year.

Helios Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, April 4th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, April 3rd. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.81%. Helios Technologies’s dividend payout ratio is 31.58%.

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.