Pacer Advisors Inc. Reduces Stock Position in Helen of Troy Limited (NASDAQ:HELE)

Pacer Advisors Inc. lessened its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 14.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 919,514 shares of the company's stock after selling 150,426 shares during the period. Pacer Advisors Inc. owned 4.02% of Helen of Troy worth $55,015,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio lifted its stake in shares of Helen of Troy by 30.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company's stock worth $48,000 after buying an additional 182 shares during the last quarter. GAMMA Investing LLC raised its holdings in Helen of Troy by 96.0% in the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company's stock valued at $29,000 after acquiring an additional 237 shares during the period. The Manufacturers Life Insurance Company lifted its position in Helen of Troy by 1.0% during the second quarter. The Manufacturers Life Insurance Company now owns 26,566 shares of the company's stock worth $2,464,000 after acquiring an additional 260 shares during the last quarter. KBC Group NV boosted its holdings 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 worth $81,000 after acquiring an additional 571 shares during the period. Finally, Bank of Montreal Can grew its position in shares of Helen of Troy by 7.9% in the second quarter. Bank of Montreal Can now owns 7,839 shares of the company's stock valued at $779,000 after purchasing an additional 573 shares during the last quarter.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. DA Davidson upped their price target on shares of Helen of Troy from $71.00 to $78.00 and gave the company a "neutral" rating in a research note on Monday, November 25th. Canaccord Genuity Group restated a "buy" rating and set a $84.00 target price on shares of Helen of Troy in a research note on Monday, October 7th. Finally, UBS Group decreased their price target on 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.

Helen of Troy Price Performance

Helen of Troy stock traded down $1.85 during mid-day trading on Friday, reaching $61.74. The company had a trading volume of 240,279 shares, compared to its average volume of 492,954. The business has a fifty day simple moving average of $65.56 and a 200 day simple moving average of $61.82. The company has a market cap of $1.41 billion, a P/E ratio of 12.45, a P/E/G ratio of 1.99 and a beta of 0.90. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $127.83.

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 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 for the quarter, compared to the consensus estimate of $532.91 million. During the same period last year, the company earned $2.79 EPS. The firm's revenue was down 3.4% compared to the same quarter last year. On average, equities research analysts predict 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.