Helen of Troy Limited (NASDAQ:HELE) Stake Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its stake in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 14.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 410,078 shares of the company's stock after purchasing an additional 53,016 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.79% of Helen of Troy worth $25,363,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. CWM LLC increased its position in Helen of Troy by 374.6% during the second quarter. CWM LLC now owns 280 shares of the company's stock worth $26,000 after buying an additional 221 shares in the last quarter. nVerses Capital LLC bought a new stake in Helen of Troy during the second quarter valued at $28,000. Signaturefd LLC acquired a new stake in Helen of Troy during the third quarter worth about $61,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Helen of Troy during the second quarter valued at approximately $270,000. Finally, Verdence Capital Advisors LLC acquired a new stake in Helen of Troy in the second quarter worth $271,000.

Analyst Ratings Changes

Several brokerages recently weighed in on HELE. Canaccord Genuity Group reiterated a "buy" rating and issued a $84.00 price objective on shares of Helen of Troy in a research report on Monday, October 7th. DA Davidson lifted their price target on Helen of Troy from $71.00 to $78.00 and gave the company a "neutral" rating in a report on Monday, November 25th.

Helen of Troy Price Performance

Shares of HELE stock traded up $0.45 during midday trading on Friday, reaching $72.70. 256,010 shares of the company were exchanged, compared to its average volume of 441,986. Helen of Troy Limited has a 12 month low of $48.05 and a 12 month high of $127.83. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 1.77. The company has a market cap of $1.66 billion, a P/E ratio of 12.38, a PEG ratio of 1.44 and a beta of 0.88. The company's 50 day moving average price is $66.75 and its two-hundred day moving average price is $70.75.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings data on Wednesday, October 9th. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.16. Helen of Troy had a return on equity of 9.31% and a net margin of 7.35%. The business had revenue of $474.20 million during the quarter, compared to analyst estimates of $458.85 million. During the same quarter in the prior year, the firm posted $1.45 earnings per share. The company's revenue was down 3.5% on a year-over-year basis. On average, sell-side analysts expect that Helen of Troy Limited will post 6.37 earnings per share for the current year.

Helen of Troy declared that its board has initiated a stock buyback plan on Thursday, September 5th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 39.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

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.