Gladstone Institutional Advisory LLC Increases Holdings in Helen of Troy Limited (NASDAQ:HELE)

Gladstone Institutional Advisory LLC raised its stake in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 15.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,543 shares of the company's stock after acquiring an additional 9,225 shares during the period. Gladstone Institutional Advisory LLC owned about 0.30% of Helen of Troy worth $4,041,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Pacer Advisors Inc. increased its position in Helen of Troy by 30,278.8% in the third quarter. Pacer Advisors Inc. now owns 1,069,940 shares of the company's stock worth $66,176,000 after buying an additional 1,066,418 shares during the last quarter. State Street Corp increased its position in Helen of Troy by 3.7% in the third quarter. State Street Corp now owns 894,681 shares of the company's stock worth $55,336,000 after buying an additional 31,582 shares during the last quarter. Pzena Investment Management LLC purchased a new stake in Helen of Troy in the third quarter worth $35,962,000. Charles Schwab Investment Management Inc. increased its position in Helen of Troy by 14.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 410,078 shares of the company's stock worth $25,363,000 after buying an additional 53,016 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in Helen of Troy by 96.1% in the third quarter. Wellington Management Group LLP now owns 242,395 shares of the company's stock worth $14,992,000 after buying an additional 118,814 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. StockNews.com raised Helen of Troy from a "hold" rating to a "buy" rating in a research report on Wednesday. UBS Group reduced their price target on Helen of Troy from $79.00 to $69.00 and set a "neutral" rating for the company in a research report on Tuesday, January 7th. Finally, DA Davidson lifted their price objective on Helen of Troy from $71.00 to $78.00 and gave the company a "neutral" rating in a research note on Monday, November 25th.

Helen of Troy Price Performance

HELE stock traded down $0.11 during mid-day trading on Friday, hitting $56.53. 355,969 shares of the stock were exchanged, compared to its average volume of 387,713. The stock has a market capitalization of $1.29 billion, a price-to-earnings ratio of 11.40, a PEG ratio of 1.79 and a beta of 0.91. The business has a fifty day moving average price of $62.36 and a 200 day moving average price of $61.76. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. Helen of Troy Limited has a 12 month low of $48.05 and a 12 month high of $127.83.

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, topping the consensus estimate of $2.60 by $0.07. The firm had revenue of $530.70 million for the quarter, compared to the consensus estimate of $532.91 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The company's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.79 earnings per share. On average, sell-side analysts anticipate that Helen of Troy Limited will post 6.46 EPS for the current year.

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.