Arrowstreet Capital Limited Partnership Increases Position in Helen of Troy Limited (NASDAQ:HELE)

Arrowstreet Capital Limited Partnership boosted its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 446.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 646,746 shares of the company's stock after buying an additional 528,305 shares during the period. Arrowstreet Capital Limited Partnership owned 2.83% of Helen of Troy worth $38,695,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of HELE. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of 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 purchasing an additional 30,993 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Helen of Troy by 5.2% in the 4th quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock worth $7,856,000 after purchasing an additional 6,471 shares during the period. Swiss National Bank grew its holdings in Helen of Troy by 0.9% during the 4th quarter. Swiss National Bank now owns 45,000 shares of the company's stock valued at $2,692,000 after buying an additional 400 shares in the last quarter. KBC Group NV raised its position in shares of Helen of Troy by 73.1% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $81,000 after buying an additional 571 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Helen of Troy in the fourth quarter worth $484,000.

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Helen of Troy Price Performance

Shares of NASDAQ HELE traded down $2.57 during midday trading on Monday, reaching $42.19. 715,535 shares of the stock traded hands, compared to its average volume of 506,338. The company's 50 day moving average is $55.15 and its 200 day moving average is $61.65. Helen of Troy Limited has a one year low of $41.51 and a one year high of $110.76. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. The stock has a market capitalization of $964.29 million, a PE ratio of 8.51, a P/E/G ratio of 1.80 and a beta of 0.89.

Helen of Troy (NASDAQ:HELE - Get Free Report) last released its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.60 by $0.07. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The business had revenue of $530.70 million during the quarter, compared to analyst estimates of $532.91 million. During the same quarter last year, the business earned $2.79 earnings per share. Helen of Troy's quarterly revenue was down 3.4% compared to the same quarter last year. On average, equities research analysts anticipate that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HELE. UBS Group cut their target price 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 Helen of Troy from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th.

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.