Helios Technologies, Inc. (NASDAQ:HLIO) Shares Bought by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. lifted its position in shares of Helios Technologies, Inc. (NASDAQ:HLIO) by 5,804.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 720,925 shares of the company’s stock after acquiring an additional 708,715 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in Helios Technologies were worth $32,182,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of HLIO. Thrivent Financial for Lutherans grew its position in Helios Technologies by 30.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,820,140 shares of the company’s stock worth $86,821,000 after purchasing an additional 428,110 shares during the last quarter. Diamond Hill Capital Management Inc. acquired a new position in Helios Technologies during the 3rd quarter worth $13,633,000. Conestoga Capital Advisors LLC grew its stake in shares of Helios Technologies by 15.5% in the fourth quarter. Conestoga Capital Advisors LLC now owns 1,986,528 shares of the company’s stock worth $88,679,000 after purchasing an additional 266,127 shares in the last quarter. Sara Bay Financial increased its holdings in shares of Helios Technologies by 25.5% during the fourth quarter. Sara Bay Financial now owns 1,217,467 shares of the company’s stock valued at $54,080,000 after purchasing an additional 247,088 shares during the period. Finally, Royce & Associates LP raised its stake in shares of Helios Technologies by 34.1% during the third quarter. Royce & Associates LP now owns 388,659 shares of the company’s stock valued at $18,539,000 after purchasing an additional 98,900 shares in the last quarter. Institutional investors and hedge funds own 94.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus dropped their price target on shares of Helios Technologies from $63.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, January 24th.

Helios Technologies Price Performance

NASDAQ:HLIO opened at $42.42 on Friday. The company has a quick ratio of 1.54, a current ratio of 3.03 and a debt-to-equity ratio of 0.52. The business’s 50-day moving average price is $46.50 and its 200 day moving average price is $46.42. Helios Technologies, Inc. has a 52-week low of $39.08 and a 52-week high of $57.29. The firm has a market cap of $1.41 billion, a P/E ratio of 20.28 and a beta of 0.87.

Helios Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 20th. Shareholders of record on Friday, January 3rd were given a $0.09 dividend. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $0.36 annualized dividend and a yield of 0.85%. Helios Technologies’s dividend payout ratio (DPR) is 31.86%.

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.