GHP Investment Advisors Inc. lifted its stake in Helios Technologies, Inc. (NASDAQ:HLIO – Free Report) by 8.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,271 shares of the company’s stock after buying an additional 3,066 shares during the quarter. GHP Investment Advisors Inc. owned approximately 0.12% of Helios Technologies worth $1,875,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Isthmus Partners LLC grew its position in Helios Technologies by 1.1% during the second quarter. Isthmus Partners LLC now owns 63,669 shares of the company’s stock valued at $30,000 after buying an additional 670 shares during the period. Innealta Capital LLC acquired a new position in Helios Technologies in the 2nd quarter worth about $35,000. EntryPoint Capital LLC purchased a new position in Helios Technologies during the first quarter worth approximately $133,000. SG Americas Securities LLC acquired a new stake in Helios Technologies in the second quarter valued at approximately $138,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Helios Technologies by 703.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,315 shares of the company’s stock valued at $196,000 after buying an additional 3,778 shares in the last quarter. 94.72% of the stock is currently owned by hedge funds and other institutional investors.
Helios Technologies Stock Performance
Helios Technologies stock opened at $41.10 on Friday. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 41.10 and a beta of 0.83. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.92 and a quick ratio of 1.49. The firm has a 50 day simple moving average of $43.56 and a 200-day simple moving average of $45.68. Helios Technologies, Inc. has a 1-year low of $37.50 and a 1-year high of $57.30.
Analyst Ratings Changes
Separately, KeyCorp cut shares of Helios Technologies from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, July 9th.
Read Our Latest Stock Analysis on HLIO
About Helios Technologies
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.
Featured Articles
- Five stocks we like better than Helios Technologies
- CD Calculator: Certificate of Deposit Calculator
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
- What is the Nikkei 225 index?
- Kroger Stock is a Win-Win for Buy-and-Hold Investors
- What Are Dividend Challengers?
- MarketBeat Week in Review – 9/9 – 9/13
Want to see what other hedge funds are holding HLIO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helios Technologies, Inc. (NASDAQ:HLIO – Free Report).
Receive News & Ratings for Helios Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helios Technologies and related companies with MarketBeat.com's FREE daily email newsletter.