Empowered Funds LLC Invests $150,000 in Helen of Troy Limited (NASDAQ:HELE)

Empowered Funds LLC acquired a new stake in Helen of Troy Limited (NASDAQ:HELE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,502 shares of the company’s stock, valued at approximately $150,000.

Other institutional investors have also made changes to their positions in the company. GAMMA Investing LLC raised its stake in shares of Helen of Troy by 96.0% in the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after acquiring an additional 237 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Helen of Troy in the 4th quarter valued at approximately $44,000. Public Employees Retirement System of Ohio raised its stake in shares of 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 valued at $48,000 after acquiring an additional 182 shares in the last quarter. Signaturefd LLC bought a new position in shares of Helen of Troy in the 3rd quarter valued at approximately $61,000. Finally, KBC Group NV raised its stake in shares of Helen of Troy by 73.1% in the 4th quarter. KBC Group NV now owns 1,352 shares of the company’s stock valued at $81,000 after acquiring an additional 571 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on HELE shares. DA Davidson raised their price objective on Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. Finally, UBS Group lowered 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.

Helen of Troy Stock Performance

HELE opened at $58.79 on Friday. The firm has a market capitalization of $1.34 billion, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91. The stock’s 50 day moving average price is $61.03 and its two-hundred day moving average price is $61.78. The company has a quick ratio of 1.05, a current ratio of 1.92 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 $127.83.

Helen of Troy (NASDAQ:HELE) last released its earnings results 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 for the quarter, compared to analyst estimates of $532.91 million. During the same quarter last year, the firm posted $2.79 EPS. The company’s revenue was down 3.4% on a year-over-year basis. On average, equities analysts forecast that Helen of Troy Limited will post 6.46 earnings per share 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.