Helen of Troy Limited (NASDAQ:HELE) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lessened its position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 74.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,431 shares of the company's stock after selling 10,203 shares during the quarter. Mutual of America Capital Management LLC's holdings in Helen of Troy were worth $212,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. CWM LLC increased its position in shares of Helen of Troy by 374.6% during the second quarter. CWM LLC now owns 280 shares of the company's stock valued at $26,000 after acquiring an additional 221 shares during the last quarter. nVerses Capital LLC acquired a new stake in Helen of Troy in the 2nd quarter valued at approximately $28,000. Signaturefd LLC purchased a new stake in Helen of Troy in the third quarter valued at approximately $61,000. Quadrature Capital Ltd purchased a new stake in Helen of Troy in the first quarter valued at approximately $263,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in Helen of Troy during the second quarter worth $270,000.

Helen of Troy Stock Up 1.1 %

Shares of NASDAQ:HELE traded up $0.82 during trading on Friday, hitting $73.33. The company's stock had a trading volume of 226,970 shares, compared to its average volume of 444,829. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $127.83. The business has a 50 day moving average price of $65.63 and a two-hundred day moving average price of $71.73. 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 capitalization of $1.68 billion, a PE ratio of 12.26, a P/E/G ratio of 1.42 and a beta of 0.85.

Helen of Troy (NASDAQ:HELE - Get Free Report) last released its earnings results on Wednesday, October 9th. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.05 by $0.16. The firm had revenue of $474.20 million during the quarter, compared to analysts' expectations of $458.85 million. Helen of Troy had a return on equity of 9.31% and a net margin of 7.35%. Helen of Troy's revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.45 EPS. As a group, research analysts expect that Helen of Troy Limited will post 6.37 EPS for the current fiscal year.

Helen of Troy declared that its board has approved a stock repurchase program on Thursday, September 5th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to reacquire up to 39.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. 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. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $84.00 target price on shares of Helen of Troy in a research report on Monday, October 7th.

About Helen of Troy

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.