Healthcare of Ontario Pension Plan Trust Fund Buys Shares of 28,700 Helen of Troy Limited (NASDAQ:HELE)

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 28,700 shares of the company's stock, valued at approximately $1,775,000. Healthcare of Ontario Pension Plan Trust Fund owned about 0.13% of Helen of Troy as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. CWM LLC grew its stake in shares of Helen of Troy by 374.6% in the 2nd quarter. CWM LLC now owns 280 shares of the company's stock worth $26,000 after buying an additional 221 shares in the last quarter. nVerses Capital LLC purchased a new position in Helen of Troy in the second quarter worth about $28,000. Signaturefd LLC bought a new stake in Helen of Troy during the third quarter worth approximately $61,000. Mercer Global Advisors Inc. ADV purchased a new stake in Helen of Troy during the second quarter valued at approximately $270,000. Finally, Verdence Capital Advisors LLC bought a new stake in shares of Helen of Troy in the 2nd quarter valued at approximately $271,000.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Canaccord Genuity Group reissued a "buy" rating and set a $84.00 target price on shares of Helen of Troy in a research report on Monday, October 7th. DA Davidson boosted their price objective on shares of Helen of Troy from $71.00 to $78.00 and gave the company a "neutral" rating in a research report on Monday, November 25th.

Helen of Troy Trading Up 0.6 %

Shares of NASDAQ:HELE traded up $0.46 on Monday, hitting $73.79. 414,183 shares of the company's stock were exchanged, compared to its average volume of 444,696. The business's 50 day simple moving average is $65.63 and its two-hundred day simple moving average is $71.21. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.77 and a quick ratio of 0.85. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 12.26, a price-to-earnings-growth ratio of 1.44 and a beta of 0.85. 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 - Get Free Report) last announced its quarterly earnings data on Wednesday, October 9th. The company reported $1.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.05 by $0.16. The company had revenue of $474.20 million during the quarter, compared to analyst estimates of $458.85 million. Helen of Troy had a net margin of 7.35% and a return on equity of 9.31%. The firm's revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter last year, the business posted $1.45 EPS. Analysts anticipate that Helen of Troy Limited will post 6.37 EPS for the current fiscal year.

Helen of Troy announced that its Board of Directors has authorized a share buyback plan on Thursday, September 5th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to purchase up to 39.8% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its stock is undervalued.

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.