56,270 Shares in Helen of Troy Limited (NASDAQ:HELE) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 56,270 shares of the company's stock, valued at approximately $3,367,000. Raymond James Financial Inc. owned about 0.25% of Helen of Troy as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of HELE. State Street Corp boosted its stake in shares of Helen of Troy by 3.7% during the third 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 during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Helen of Troy by 17.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company's stock worth $28,847,000 after purchasing an additional 72,076 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Helen of Troy by 104.3% during the fourth quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company's stock worth $20,893,000 after buying an additional 178,310 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Helen of Troy by 96.1% in the third quarter. Wellington Management Group LLP now owns 242,395 shares of the company's stock valued at $14,992,000 after buying an additional 118,814 shares during the last quarter. Finally, Invenomic Capital Management LP purchased a new position in shares of Helen of Troy during the third quarter valued at approximately $14,303,000.

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Analysts Set New Price Targets

Several analysts have commented on HELE shares. StockNews.com raised shares of Helen of Troy from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th. UBS Group lowered their price objective 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.

Helen of Troy Trading Down 1.0 %

Shares of HELE traded down $0.53 during mid-day trading on Monday, hitting $53.49. The company had a trading volume of 374,492 shares, compared to its average volume of 499,232. Helen of Troy Limited has a 1-year low of $48.05 and a 1-year high of $115.81. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. The business's 50-day simple moving average is $56.94 and its 200-day simple moving average is $62.05. The stock has a market cap of $1.22 billion, a PE ratio of 10.78, a P/E/G ratio of 1.80 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $530.70 million during the quarter, compared to analysts' expectations of $532.91 million. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The business's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.79 EPS. Sell-side analysts forecast that Helen of Troy Limited will post 6.46 earnings per share 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.