Bank of New York Mellon Corp Has $20.89 Million Position in Helen of Troy Limited (NASDAQ:HELE)

Bank of New York Mellon Corp lifted its holdings in Helen of Troy Limited (NASDAQ:HELE) by 104.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 349,205 shares of the company’s stock after purchasing an additional 178,310 shares during the quarter. Bank of New York Mellon Corp owned about 1.53% of Helen of Troy worth $20,893,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Pacer Advisors Inc. boosted its holdings in shares of Helen of Troy by 30,278.8% in the third quarter. Pacer Advisors Inc. now owns 1,069,940 shares of the company’s stock valued at $66,176,000 after buying an additional 1,066,418 shares during the period. Pzena Investment Management LLC bought a new stake in Helen of Troy in the 3rd quarter valued at $35,962,000. Invenomic Capital Management LP acquired a new position in Helen of Troy in the 3rd quarter worth $14,303,000. Hotchkis & Wiley Capital Management LLC bought a new position in Helen of Troy during the 3rd quarter worth about $13,800,000. Finally, Clearline Capital LP acquired a new stake in shares of Helen of Troy in the 3rd quarter valued at about $12,725,000.

Helen of Troy Price Performance

NASDAQ:HELE opened at $55.26 on Tuesday. Helen of Troy Limited has a 52-week low of $48.05 and a 52-week high of $124.83. The company has a market cap of $1.26 billion, a P/E ratio of 11.14, a P/E/G ratio of 1.80 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92. The stock’s 50-day simple moving average is $59.60 and its 200 day simple moving average is $62.20.

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HELE. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. DA Davidson raised 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. Finally, UBS Group lowered their price objective on shares of Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th.

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.