KLP Kapitalforvaltning AS Takes Position in Helen of Troy Limited (NASDAQ:HELE)

KLP Kapitalforvaltning AS acquired a new position in Helen of Troy Limited (NASDAQ:HELE) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,300 shares of the company’s stock, valued at approximately $317,000.

Other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets lifted its stake in Helen of Troy by 49.5% during the third quarter. BNP Paribas Financial Markets now owns 7,405 shares of the company’s stock valued at $458,000 after purchasing an additional 2,453 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position 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 valued at $3,570,000 after acquiring an additional 30,993 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Helen of Troy by 1,693.4% during the 3rd quarter. Janus Henderson Group PLC now owns 201,942 shares of the company’s stock worth $12,490,000 after acquiring an additional 190,682 shares in the last quarter. Jacobs Levy Equity Management Inc. acquired a new position in shares of Helen of Troy in the 3rd quarter worth $1,062,000. Finally, State Street Corp raised its position in shares of Helen of Troy by 3.7% during 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 period.

Wall Street Analyst Weigh In

A number of analysts have commented on HELE shares. UBS Group reduced their price objective 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. StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th.

Helen of Troy Stock Performance

Shares of HELE opened at $44.76 on Friday. Helen of Troy Limited has a 52 week low of $41.95 and a 52 week high of $110.76. 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 company has a market capitalization of $1.02 billion, a PE ratio of 9.02, a PEG ratio of 1.80 and a beta of 0.89. The company’s 50 day moving average price is $55.64 and its 200 day moving average price is $61.75.

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