Fox Run Management L.L.C. Purchases New Stake in Helen of Troy Limited (NASDAQ:HELE)

Fox Run Management L.L.C. acquired a new stake in Helen of Troy Limited (NASDAQ:HELE - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,423 shares of the company's stock, valued at approximately $863,000. Fox Run Management L.L.C. owned 0.06% of Helen of Troy as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Invenomic Capital Management LP purchased a new stake in Helen of Troy in the 3rd quarter valued at about $14,303,000. Hotchkis & Wiley Capital Management LLC acquired a new stake in shares of Helen of Troy in the third quarter worth approximately $13,800,000. Clearline Capital LP purchased a new stake in Helen of Troy in the third quarter valued at approximately $12,725,000. Janus Henderson Group PLC grew its stake in shares of Helen of Troy by 1,693.4% during the 3rd quarter. Janus Henderson Group PLC now owns 201,942 shares of the company's stock valued at $12,490,000 after buying an additional 190,682 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Helen of Troy by 104.3% during the fourth quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company's stock worth $20,893,000 after acquiring an additional 178,310 shares during the last quarter.

Helen of Troy Stock Down 0.1 %

Helen of Troy stock traded down $0.04 during midday trading on Friday, hitting $54.02. 341,494 shares of the company were exchanged, compared to its average volume of 499,730. The company has a market cap of $1.23 billion, a PE ratio of 10.89, a price-to-earnings-growth ratio of 1.80 and a beta of 0.90. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $115.81. The company's fifty day moving average price is $57.16 and its 200-day moving average price is $61.96. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05.

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Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its 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. 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 for the quarter, compared to analysts' expectations of $532.91 million. During the same period in the previous year, the company posted $2.79 earnings per share. The business's revenue for the quarter was down 3.4% compared to the same quarter last year. On average, research analysts predict that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HELE. StockNews.com raised shares of Helen of Troy from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. 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.