GSA Capital Partners LLP Buys Shares of 16,991 Helios Technologies, Inc. (NASDAQ:HLIO)

GSA Capital Partners LLP bought a new stake in Helios Technologies, Inc. (NASDAQ:HLIO) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 16,991 shares of the company’s stock, valued at approximately $545,000. GSA Capital Partners LLP owned 0.05% of Helios Technologies as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HLIO. KBC Group NV acquired a new position in Helios Technologies in the first quarter valued at approximately $26,000. GAMMA Investing LLC boosted its stake in Helios Technologies by 2,361.9% in the first quarter. GAMMA Investing LLC now owns 4,653 shares of the company’s stock valued at $145,000 after acquiring an additional 4,464 shares during the period. Aquatic Capital Management LLC boosted its stake in Helios Technologies by 148.8% in the fourth quarter. Aquatic Capital Management LLC now owns 3,732 shares of the company’s stock valued at $167,000 after acquiring an additional 2,232 shares during the period. Dark Forest Capital Management LP acquired a new position in Helios Technologies in the fourth quarter valued at approximately $214,000. Finally, Procyon Advisors LLC boosted its position in shares of Helios Technologies by 8.4% during the first quarter. Procyon Advisors LLC now owns 10,267 shares of the company’s stock worth $329,000 after buying an additional 799 shares during the period. 94.72% of the stock is currently owned by institutional investors and hedge funds.

Helios Technologies Stock Performance

Shares of NASDAQ HLIO opened at $36.84 on Tuesday. Helios Technologies, Inc. has a 12-month low of $24.76 and a 12-month high of $57.29. The company has a market cap of $1.23 billion, a PE ratio of 32.60 and a beta of 1.28. The stock has a 50 day simple moving average of $34.14 and a 200-day simple moving average of $34.48. 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) last issued its quarterly earnings results on Monday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.09. Helios Technologies had a return on equity of 8.22% and a net margin of 4.57%. The company’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the company posted $0.64 earnings per share. On average, equities research analysts forecast that Helios Technologies, Inc. will post 2.06 EPS for the current year.

Helios Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, July 7th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, July 7th. Helios Technologies’s dividend payout ratio (DPR) is presently 32.43%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HLIO. Stifel Nicolaus boosted their price objective on Helios Technologies from $39.00 to $43.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. KeyCorp upgraded Helios Technologies from a “sector weight” rating to an “overweight” rating and set a $40.00 price objective for the company in a research report on Thursday, June 26th. Finally, Robert W. Baird reduced their price objective on Helios Technologies from $65.00 to $49.00 and set an “outperform” rating for the company 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.