JPMorgan Chase & Co. Has $5.19 Million Position in Helen of Troy Limited (NASDAQ:HELE)

JPMorgan Chase & Co. raised its position in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 7.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,889 shares of the company's stock after purchasing an additional 5,920 shares during the quarter. JPMorgan Chase & Co. owned 0.37% of Helen of Troy worth $5,189,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HELE. Dimensional Fund Advisors LP grew its position in Helen of Troy by 9.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,153,414 shares of the company's stock valued at $106,970,000 after purchasing an additional 102,767 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Helen of Troy by 30,278.8% during the 3rd 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 grew its holdings in shares of Helen of Troy by 3.7% in the 3rd quarter. State Street Corp now owns 894,681 shares of the company's stock valued at $55,336,000 after acquiring an additional 31,582 shares in the last quarter. Earnest Partners LLC increased its position in shares of Helen of Troy by 2.7% in the second quarter. Earnest Partners LLC now owns 666,256 shares of the company's stock valued at $61,789,000 after acquiring an additional 17,741 shares during the last quarter. Finally, Pzena Investment Management LLC bought a new stake in Helen of Troy during the third quarter worth about $35,962,000.

Analysts Set New Price Targets

Several research firms have weighed in on HELE. Canaccord Genuity Group reaffirmed a "buy" rating and set a $84.00 price target on shares of Helen of Troy in a research report on Monday, October 7th. DA Davidson boosted their target price on shares of Helen of Troy from $71.00 to $78.00 and gave the stock a "neutral" rating in a report on Monday, November 25th. Finally, UBS Group cut their price target on shares of Helen of Troy from $79.00 to $69.00 and set a "neutral" rating for the company in a research note on Tuesday, January 7th.

Helen of Troy Stock Performance

Shares of HELE traded down $1.46 during mid-day trading on Friday, reaching $64.44. The company's stock had a trading volume of 391,770 shares, compared to its average volume of 628,243. The company has a current ratio of 1.92, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a 1-year low of $48.05 and a 1-year high of $127.83. The business has a 50-day simple moving average of $65.77 and a two-hundred day simple moving average of $62.66. The stock has a market cap of $1.47 billion, a P/E ratio of 12.99, a PEG ratio of 1.95 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.60 by $0.07. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The business had revenue of $530.70 million during the quarter, compared to the consensus estimate of $532.91 million. During the same quarter last year, the firm posted $2.79 EPS. The company's quarterly revenue was down 3.4% on a year-over-year basis. As a group, equities research analysts anticipate that Helen of Troy Limited will post 6.45 earnings per share for the current fiscal year.

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.