American International Group Inc. Sells 2,070 Shares of Helen of Troy Limited (NASDAQ:HELE)

American International Group Inc. reduced its position in Helen of Troy Limited (NASDAQ:HELE) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,705 shares of the company’s stock after selling 2,070 shares during the quarter. American International Group Inc. owned approximately 0.18% of Helen of Troy worth $5,280,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Teachers Retirement System of The State of Kentucky boosted its stake in shares of Helen of Troy by 3.6% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 29,731 shares of the company’s stock valued at $3,592,000 after purchasing an additional 1,026 shares during the last quarter. Capital Fund Management S.A. bought a new stake in shares of Helen of Troy in the 4th quarter valued at $8,583,000. Seven Eight Capital LP acquired a new position in shares of Helen of Troy during the 4th quarter valued at $486,000. Public Employees Retirement Association of Colorado lifted its position in shares of Helen of Troy by 1,351.6% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 89,940 shares of the company’s stock valued at $10,866,000 after acquiring an additional 83,744 shares during the period. Finally, Capital Research Global Investors lifted its position in shares of Helen of Troy by 6.9% during the 4th quarter. Capital Research Global Investors now owns 1,761,029 shares of the company’s stock valued at $212,750,000 after acquiring an additional 114,215 shares during the period.

Helen of Troy Stock Performance

HELE opened at $98.85 on Friday. The company has a current ratio of 1.87, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40. The company’s fifty day moving average price is $100.81 and its two-hundred day moving average price is $111.82. Helen of Troy Limited has a 1-year low of $87.50 and a 1-year high of $143.68. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 1.53 and a beta of 0.84.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Wednesday, April 24th. The company reported $2.11 earnings per share for the quarter, topping the consensus estimate of $2.00 by $0.11. Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The firm had revenue of $489.20 million for the quarter, compared to the consensus estimate of $477.88 million. On average, analysts expect that Helen of Troy Limited will post 8.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HELE shares. DA Davidson dropped their target price on shares of Helen of Troy from $151.00 to $139.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th. UBS Group dropped their target price on shares of Helen of Troy from $121.00 to $100.00 and set a “neutral” rating on the stock in a research report on Thursday, April 25th.

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.