Helen of Troy Limited (NASDAQ:HELE) Position Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 14.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 410,078 shares of the company’s stock after acquiring an additional 53,016 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.79% of Helen of Troy worth $25,363,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. CWM LLC boosted its holdings in shares of Helen of Troy by 374.6% in the 2nd quarter. CWM LLC now owns 280 shares of the company’s stock valued at $26,000 after buying an additional 221 shares during the period. nVerses Capital LLC acquired a new position in shares of Helen of Troy in the 2nd quarter valued at about $28,000. Signaturefd LLC acquired a new position in shares of Helen of Troy in the 3rd quarter valued at about $61,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of Helen of Troy in the 2nd quarter valued at about $270,000. Finally, Verdence Capital Advisors LLC acquired a new position in shares of Helen of Troy in the 2nd quarter valued at about $271,000.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on HELE shares. DA Davidson boosted their target price on shares of Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Canaccord Genuity Group reissued a “buy” rating and set a $84.00 target price on shares of Helen of Troy in a research note on Monday, October 7th.

Helen of Troy Trading Down 1.6 %

Helen of Troy stock opened at $72.25 on Friday. Helen of Troy Limited has a 52-week low of $48.05 and a 52-week high of $127.83. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 12.08, a PEG ratio of 1.44 and a beta of 0.88. The firm has a 50-day moving average price of $66.49 and a two-hundred day moving average price of $70.74. The company has a quick ratio of 0.85, a current ratio of 1.77 and a debt-to-equity ratio of 0.45.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Wednesday, October 9th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.16. Helen of Troy had a net margin of 7.35% and a return on equity of 9.31%. The company had revenue of $474.20 million for the quarter, compared to the consensus estimate of $458.85 million. During the same period in the previous year, the firm earned $1.45 EPS. Helen of Troy’s revenue was down 3.5% on a year-over-year basis. Sell-side analysts expect that Helen of Troy Limited will post 6.37 earnings per share for the current year.

Helen of Troy announced that its board has approved a share repurchase program on Thursday, September 5th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 39.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its shares are undervalued.

Helen of Troy Company Profile

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.