Raymond James Financial Inc. Takes $3.37 Million Position in Helen of Troy Limited (NASDAQ:HELE)

Raymond James Financial Inc. purchased a new position in Helen of Troy Limited (NASDAQ:HELE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 56,270 shares of the company’s stock, valued at approximately $3,367,000. Raymond James Financial Inc. owned 0.25% of Helen of Troy as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its holdings in shares of Helen of Troy by 96.0% during the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after purchasing an additional 237 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Helen of Troy in the 4th quarter worth $44,000. Public Employees Retirement System of Ohio increased its holdings in Helen of Troy by 30.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after acquiring an additional 182 shares in the last quarter. KBC Group NV lifted its stake in shares of Helen of Troy by 73.1% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company’s stock valued at $81,000 after buying an additional 571 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of Helen of Troy during the fourth quarter worth about $150,000.

Wall Street Analysts Forecast Growth

HELE has been the subject of a number of research reports. 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 report on Tuesday, January 7th. StockNews.com raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th.

Helen of Troy Price Performance

Helen of Troy stock opened at $54.06 on Friday. Helen of Troy Limited has a 1 year low of $48.05 and a 1 year high of $116.13. The company’s fifty day moving average price is $57.37 and its 200 day moving average price is $61.97. 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 has a market capitalization of $1.24 billion, a P/E ratio of 10.90, a P/E/G ratio of 1.80 and a beta of 0.90.

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, beating the consensus estimate of $2.60 by $0.07. The business had revenue of $530.70 million during the quarter, compared to analysts’ expectations of $532.91 million. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.79 EPS. As a group, equities research analysts anticipate that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

About Helen of Troy

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.