Allspring Global Investments Holdings LLC Reduces Holdings in Helen of Troy Limited (NASDAQ:HELE)

Allspring Global Investments Holdings LLC cut its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 47.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,699 shares of the company’s stock after selling 43,422 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.21% of Helen of Troy worth $2,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Gladstone Institutional Advisory LLC lifted its holdings in Helen of Troy by 15.8% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 67,543 shares of the company’s stock worth $4,041,000 after buying an additional 9,225 shares during the period. Empowered Funds LLC purchased a new stake in Helen of Troy in the 4th quarter worth approximately $150,000. KBC Group NV lifted its holdings in Helen of Troy by 73.1% in the 4th quarter. KBC Group NV now owns 1,352 shares of the company’s stock worth $81,000 after buying an additional 571 shares during the period. FNY Investment Advisers LLC purchased a new stake in Helen of Troy in the 4th quarter worth approximately $44,000. Finally, First Hawaiian Bank lifted its holdings in Helen of Troy by 7.2% in the 4th quarter. First Hawaiian Bank now owns 10,032 shares of the company’s stock worth $600,000 after buying an additional 671 shares during the period.

Helen of Troy Trading Up 1.1 %

HELE opened at $58.79 on Friday. The stock has a market cap of $1.34 billion, a PE ratio of 11.85, a PEG ratio of 1.76 and a beta of 0.91. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. The business has a 50 day moving average of $61.03 and a 200-day moving average of $61.74. Helen of Troy Limited has a 52 week low of $48.05 and a 52 week high of $127.83.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.60 by $0.07. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The company had revenue of $530.70 million during the quarter, compared to analyst estimates of $532.91 million. During the same quarter last year, the company earned $2.79 EPS. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. Equities research analysts predict that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

HELE has been the subject of several research analyst reports. DA Davidson increased their price objective on Helen of Troy from $71.00 to $78.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. UBS Group lowered their target price on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, StockNews.com upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th.

Helen of Troy 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.