Connor Clark & Lunn Investment Management Ltd. Invests $484,000 in Helen of Troy Limited (NASDAQ:HELE)

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Helen of Troy Limited (NASDAQ:HELE - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 8,097 shares of the company's stock, valued at approximately $484,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in HELE. Public Employees Retirement System of Ohio raised its holdings 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 purchasing an additional 182 shares during the period. GAMMA Investing LLC lifted its holdings in Helen of Troy by 96.0% during the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company's stock valued at $29,000 after purchasing an additional 237 shares during the last quarter. Amundi boosted its position in Helen of Troy by 40.9% during the fourth quarter. Amundi now owns 1,651 shares of the company's stock worth $97,000 after purchasing an additional 479 shares during the period. Anchor Capital Advisors LLC increased its holdings in shares of Helen of Troy by 4.8% in the fourth quarter. Anchor Capital Advisors LLC now owns 11,209 shares of the company's stock valued at $671,000 after purchasing an additional 511 shares during the last quarter. Finally, KBC Group NV lifted its position in Helen of Troy by 73.1% during the fourth 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 last quarter.

Analysts Set New Price Targets

HELE has been the topic of a number of analyst 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. DA Davidson increased their target price on shares of Helen of Troy from $71.00 to $78.00 and gave the stock a "neutral" rating in a report on Monday, November 25th. Finally, UBS Group decreased their target price 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.

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Helen of Troy Stock Down 3.8 %

NASDAQ:HELE traded down $2.01 during trading hours on Tuesday, reaching $50.99. The company had a trading volume of 35,596 shares, compared to its average volume of 483,372. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 10.31, a P/E/G ratio of 1.80 and a beta of 0.90. The business's 50-day simple moving average is $58.09 and its two-hundred day simple moving average is $62.13. 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 twelve month low of $48.05 and a twelve month high of $116.13.

Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its quarterly 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 for the quarter, compared to the consensus estimate of $532.91 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The firm's revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.79 EPS. On average, equities analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current 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.