Bank of New York Mellon Corp Buys 178,310 Shares of Helen of Troy Limited (NASDAQ:HELE)

Bank of New York Mellon Corp increased its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 104.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 349,205 shares of the company's stock after purchasing an additional 178,310 shares during the quarter. Bank of New York Mellon Corp owned 1.53% of Helen of Troy worth $20,893,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Public Employees Retirement System of Ohio grew its position in shares of Helen of Troy by 30.3% in the third 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 in the last quarter. GAMMA Investing LLC lifted its stake in Helen of Troy by 96.0% during the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company's stock worth $29,000 after purchasing an additional 237 shares in the last quarter. KBC Group NV raised its stake in shares of Helen of Troy by 73.1% in the fourth 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. First Hawaiian Bank raised its stake in shares of Helen of Troy by 7.2% in the fourth quarter. First Hawaiian Bank now owns 10,032 shares of the company's stock valued at $600,000 after acquiring an additional 671 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Helen of Troy in the fourth quarter valued at $44,000.

Helen of Troy Trading Up 3.3 %

Helen of Troy stock traded up $1.70 during midday trading on Friday, reaching $52.45. The stock had a trading volume of 390,566 shares, compared to its average volume of 474,770. The firm's fifty day simple moving average is $59.30 and its two-hundred day simple moving average is $62.13. Helen of Troy Limited has a twelve month low of $48.05 and a twelve month high of $119.21. 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 firm has a market cap of $1.20 billion, a price-to-earnings ratio of 10.57, a PEG ratio of 1.80 and a beta of 0.90.

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Helen of Troy (NASDAQ:HELE - Get Free Report) last released its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, beating 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 net margin of 6.05% and a return on equity of 9.13%. Helen of Troy's revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.79 EPS. Equities analysts anticipate that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. DA Davidson raised their price objective on Helen of Troy from $71.00 to $78.00 and gave the stock a "neutral" rating in a report on Monday, November 25th. StockNews.com raised shares of Helen of Troy from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th. Finally, UBS Group reduced 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 report on Tuesday, January 7th.

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.