Principal Financial Group Inc. Increases Position in Helen of Troy Limited (NASDAQ:HELE)

Principal Financial Group Inc. boosted its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 5.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,305 shares of the company's stock after buying an additional 6,471 shares during the period. Principal Financial Group Inc. owned approximately 0.57% of Helen of Troy worth $7,856,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of HELE. Pacer Advisors Inc. grew its position 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 valued at $66,176,000 after purchasing an additional 1,066,418 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Helen of Troy by 116.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,716 shares of the company's stock valued at $3,570,000 after purchasing an additional 30,993 shares in the last quarter. KBC Group NV lifted its holdings in shares of Helen of Troy by 73.1% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company's stock worth $81,000 after acquiring an additional 571 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Helen of Troy by 7.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 83,889 shares of the company's stock worth $5,189,000 after acquiring an additional 5,920 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Helen of Troy by 5.8% during the 4th quarter. Nordea Investment Management AB now owns 48,961 shares of the company's stock worth $2,923,000 after acquiring an additional 2,675 shares during the last quarter.

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Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HELE shares. DA Davidson lifted their price objective 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. StockNews.com raised shares of Helen of Troy from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. Finally, UBS Group dropped their price objective on shares of Helen of Troy from $79.00 to $69.00 and set a "neutral" rating for the company in a report on Tuesday, January 7th.

Helen of Troy Trading Up 3.4 %

Helen of Troy stock traded up $1.81 during mid-day trading on Wednesday, hitting $55.09. The company's stock had a trading volume of 489,285 shares, compared to its average volume of 468,925. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 11.11, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91. The business has a 50 day moving average price of $59.99 and a 200-day moving average price of $62.07. Helen of Troy Limited has a 12 month low of $48.05 and a 12 month high of $125.54.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.60 by $0.07. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The firm had revenue of $530.70 million during the quarter, compared to the consensus estimate of $532.91 million. During the same period in the prior year, the firm posted $2.79 earnings per share. The company's quarterly revenue was down 3.4% compared to the same quarter last year. As a group, analysts forecast that Helen of Troy Limited will post 6.46 EPS for the current 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.