Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 8,097 shares of the company's stock, valued at approximately $484,000.
A number of other large investors have also modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Helen of Troy by 116.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,716 shares of the company's stock worth $3,570,000 after buying an additional 30,993 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Helen of Troy by 5.2% during the 4th quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock worth $7,856,000 after acquiring an additional 6,471 shares in the last quarter. KBC Group NV grew its holdings 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 worth $81,000 after acquiring an additional 571 shares during the period. Illinois Municipal Retirement Fund acquired a new position in Helen of Troy during the fourth quarter worth $754,000. Finally, JPMorgan Chase & Co. boosted its position in Helen of Troy by 7.6% during the third quarter. JPMorgan Chase & Co. now owns 83,889 shares of the company's stock worth $5,189,000 after purchasing an additional 5,920 shares in the last quarter.
Wall Street Analysts Forecast Growth
HELE has been the topic of several recent research reports. StockNews.com upgraded shares of Helen of Troy from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. UBS Group dropped 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.
Read Our Latest Research Report on Helen of Troy
Helen of Troy Price Performance
Helen of Troy stock traded up $1.06 during midday trading on Wednesday, reaching $51.45. 285,996 shares of the company were exchanged, compared to its average volume of 483,150. The firm's 50-day simple moving average is $57.84 and its 200-day simple moving average is $62.10. Helen of Troy Limited has a 1 year low of $48.05 and a 1 year high of $116.13. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 10.37, a P/E/G ratio of 1.80 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92.
Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 EPS 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 the consensus estimate of $532.91 million. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The company's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.79 earnings per share. On average, analysts anticipate that Helen of Troy Limited will post 6.46 EPS for the current year.
Helen of Troy Company Profile
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Free Report)
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.
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