Helen of Troy Limited (NASDAQ:HELE) Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,283 shares of the company’s stock after selling 1,623 shares during the period. Rhumbline Advisers owned 0.33% of Helen of Troy worth $4,504,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pacer Advisors Inc. boosted its position in Helen of Troy by 30,278.8% during the third quarter. Pacer Advisors Inc. now owns 1,069,940 shares of the company’s stock worth $66,176,000 after acquiring an additional 1,066,418 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Helen of Troy by 116.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,716 shares of the company’s stock worth $3,570,000 after purchasing an additional 30,993 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Helen of Troy by 37.9% during the third quarter. Principal Financial Group Inc. now owns 124,834 shares of the company’s stock worth $7,721,000 after purchasing an additional 34,318 shares during the last quarter. KBC Group NV grew its position in shares of Helen of Troy by 73.1% in the fourth quarter. KBC Group NV now owns 1,352 shares of the company’s stock valued at $81,000 after purchasing an additional 571 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in Helen of Troy by 7.6% in the third quarter. JPMorgan Chase & Co. now owns 83,889 shares of the company’s stock valued at $5,189,000 after purchasing an additional 5,920 shares during the last quarter.

Helen of Troy Trading Down 1.6 %

Helen of Troy stock opened at $57.25 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a 52-week low of $48.05 and a 52-week high of $127.83. The firm has a 50-day moving average price of $60.47 and a two-hundred day moving average price of $61.83. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 1.80 and a beta of 0.91.

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on HELE. DA Davidson increased their price target on shares of Helen of Troy from $71.00 to $78.00 and gave the stock a “neutral” rating in a research note on Monday, November 25th. StockNews.com raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. Finally, UBS Group lowered their target price on shares of 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.

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.