Nomura Holdings Inc. Takes Position in Helen of Troy Limited (NASDAQ:HELE)

Nomura Holdings Inc. purchased a new position in Helen of Troy Limited (NASDAQ:HELE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,900 shares of the company’s stock, valued at approximately $713,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC bought a new stake in Helen of Troy in the fourth quarter valued at $252,000. AlphaMark Advisors LLC lifted its position in Helen of Troy by 20.2% in the 4th quarter. AlphaMark Advisors LLC now owns 2,260 shares of the company’s stock valued at $273,000 after purchasing an additional 380 shares during the last quarter. Strong Tower Advisory Services boosted its stake in Helen of Troy by 8.7% during the 4th quarter. Strong Tower Advisory Services now owns 2,368 shares of the company’s stock valued at $286,000 after purchasing an additional 190 shares during the period. Pearl River Capital LLC bought a new position in Helen of Troy in the 3rd quarter worth about $315,000. Finally, Connable Office Inc. increased its stake in shares of Helen of Troy by 40.3% in the fourth quarter. Connable Office Inc. now owns 2,743 shares of the company’s stock valued at $331,000 after purchasing an additional 788 shares during the period.

Wall Street Analysts Forecast Growth

HELE has been the subject of several analyst reports. DA Davidson reduced their price objective on Helen of Troy from $151.00 to $139.00 and set a “buy” rating for the company in a research report on Thursday, April 25th. UBS Group reduced their price target on Helen of Troy from $121.00 to $100.00 and set a “neutral” rating for the company in a research report on Thursday, April 25th.

Helen of Troy Stock Performance

Shares of NASDAQ HELE opened at $99.41 on Friday. Helen of Troy Limited has a 1 year low of $87.50 and a 1 year high of $143.68. The firm has a market cap of $2.37 billion, a P/E ratio of 14.08, a PEG ratio of 1.53 and a beta of 0.84. The stock has a fifty day moving average price of $100.83 and a two-hundred day moving average price of $111.86. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.87.

Helen of Troy (NASDAQ:HELE) last announced its earnings results on Wednesday, April 24th. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.11. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The business had revenue of $489.20 million during the quarter, compared to analysts’ expectations of $477.88 million. Research analysts forecast that Helen of Troy Limited will post 8.12 EPS for the current fiscal year.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.