Victory Capital Management Inc. Sells 1,208 Shares of Helen of Troy Limited (NASDAQ:HELE)

Victory Capital Management Inc. cut its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 16.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,223 shares of the company’s stock after selling 1,208 shares during the quarter. Victory Capital Management Inc.’s holdings in Helen of Troy were worth $372,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of HELE. State Street Corp increased its holdings in shares of Helen of Troy by 3.7% in the third quarter. State Street Corp now owns 894,681 shares of the company’s stock worth $55,336,000 after purchasing an additional 31,582 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Helen of Troy by 17.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company’s stock worth $28,847,000 after purchasing an additional 72,076 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Helen of Troy by 104.3% in the fourth quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company’s stock worth $20,893,000 after purchasing an additional 178,310 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Helen of Troy by 96.1% in the third quarter. Wellington Management Group LLP now owns 242,395 shares of the company’s stock worth $14,992,000 after purchasing an additional 118,814 shares during the last quarter. Finally, Invenomic Capital Management LP bought a new stake in shares of Helen of Troy in the third quarter worth about $14,303,000.

Analyst Ratings Changes

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

Helen of Troy Trading Up 1.3 %

HELE opened at $52.85 on Friday. The firm has a market cap of $1.21 billion, a P/E ratio of 10.66, a P/E/G ratio of 1.80 and a beta of 0.90. Helen of Troy Limited has a 12 month low of $48.05 and a 12 month high of $116.13. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The stock has a 50-day moving average of $58.25 and a 200 day moving average of $62.07.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, topping the consensus estimate of $2.60 by $0.07. The company had revenue of $530.70 million during 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 firm’s revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the business posted $2.79 earnings per share. As a group, research analysts forecast that Helen of Troy Limited will post 6.46 EPS for the current year.

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.