Evernest Financial Advisors LLC Invests $775,000 in Helen of Troy Limited (NASDAQ:HELE)

Evernest Financial Advisors LLC acquired a new stake in Helen of Troy Limited (NASDAQ:HELE - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,531 shares of the company's stock, valued at approximately $775,000. Evernest Financial Advisors LLC owned about 0.05% of Helen of Troy as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Net Worth Advisory Group bought a new stake in Helen of Troy in the third quarter valued at about $413,000. Exchange Traded Concepts LLC bought a new stake in Helen of Troy in the third quarter valued at about $315,000. Inspire Investing LLC increased its holdings in Helen of Troy by 75.5% in the third quarter. Inspire Investing LLC now owns 6,649 shares of the company's stock valued at $411,000 after buying an additional 2,861 shares during the last quarter. Handelsbanken Fonder AB grew its holdings in shares of Helen of Troy by 48.5% during the third quarter. Handelsbanken Fonder AB now owns 7,351 shares of the company's stock valued at $455,000 after purchasing an additional 2,400 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Helen of Troy by 158.3% during the 3rd quarter. SG Americas Securities LLC now owns 5,198 shares of the company's stock worth $321,000 after purchasing an additional 3,186 shares during the period.

Helen of Troy Stock Performance

HELE traded down $0.87 during trading hours on Tuesday, hitting $64.56. The company's stock had a trading volume of 325,846 shares, compared to its average volume of 451,813. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $127.83. The company has a current ratio of 1.77, a quick ratio of 0.99 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $1.47 billion, a PE ratio of 10.06, a PEG ratio of 1.45 and a beta of 0.86. The company has a 50-day simple moving average of $58.49 and a 200 day simple moving average of $77.94.

Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its earnings results on Wednesday, October 9th. The company reported $1.21 EPS 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 firm had revenue of $474.20 million for the quarter, compared to analysts' expectations of $458.85 million. During the same period last year, the firm earned $1.45 EPS. The firm's revenue was down 3.5% compared to the same quarter last year. As a group, sell-side analysts expect that Helen of Troy Limited will post 6.33 EPS for the current year.

Helen of Troy declared that its Board of Directors has initiated a share repurchase plan on Thursday, September 5th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to purchase up to 39.8% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. StockNews.com cut Helen of Troy from a "buy" rating to a "hold" rating in a research report on Wednesday, July 10th. Canaccord Genuity Group reiterated a "buy" rating and set a $84.00 price target on shares of Helen of Troy in a research report on Monday, October 7th. UBS Group dropped their price target on Helen of Troy from $100.00 to $72.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 10th. Finally, DA Davidson increased their price target on Helen of Troy from $67.00 to $71.00 and gave the stock a "neutral" rating in a research report on Thursday, October 10th.

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.