Swiss National Bank Boosts Stake in Helen of Troy Limited (NASDAQ:HELE)

Swiss National Bank increased its position in Helen of Troy Limited (NASDAQ:HELE) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 45,000 shares of the company’s stock after purchasing an additional 400 shares during the quarter. Swiss National Bank owned approximately 0.20% of Helen of Troy worth $2,692,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans lifted its holdings in shares of Helen of Troy by 211.4% during the third quarter. Thrivent Financial for Lutherans now owns 17,915 shares of the company’s stock valued at $1,108,000 after purchasing an additional 12,162 shares during the last quarter. Intech Investment Management LLC increased its position in Helen of Troy by 88.6% during the 3rd quarter. Intech Investment Management LLC now owns 10,099 shares of the company’s stock valued at $625,000 after buying an additional 4,743 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Helen of Troy by 14.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 410,078 shares of the company’s stock valued at $25,363,000 after buying an additional 53,016 shares during the last quarter. Quantbot Technologies LP boosted its holdings in Helen of Troy by 176.2% in the third quarter. Quantbot Technologies LP now owns 9,162 shares of the company’s stock worth $567,000 after acquiring an additional 5,845 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Helen of Troy by 49.5% in the third quarter. BNP Paribas Financial Markets now owns 7,405 shares of the company’s stock worth $458,000 after acquiring an additional 2,453 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. UBS Group dropped their price target on shares of Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. StockNews.com raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th.

Helen of Troy Stock Up 5.1 %

Helen of Troy stock opened at $54.06 on Friday. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 1.80 and a beta of 0.90. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a 12 month low of $48.05 and a 12 month high of $116.13. The stock has a fifty day simple moving average of $57.37 and a two-hundred day simple moving average of $61.97.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.60 by $0.07. The business 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%. Helen of Troy’s 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. Equities analysts predict that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.

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.