Helen of Troy Limited (NASDAQ:HELE) Shares Bought by Systematic Financial Management LP

Systematic Financial Management LP raised its stake in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 17.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 226,879 shares of the company's stock after purchasing an additional 33,010 shares during the period. Systematic Financial Management LP owned 0.99% of Helen of Troy worth $14,032,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cooke & Bieler LP grew its holdings in shares of Helen of Troy by 1.9% during the 2nd quarter. Cooke & Bieler LP now owns 1,913,566 shares of the company's stock worth $177,464,000 after purchasing an additional 36,095 shares during the period. Dimensional Fund Advisors LP grew its stake in Helen of Troy by 9.8% during the second quarter. Dimensional Fund Advisors LP now owns 1,153,414 shares of the company's stock worth $106,970,000 after buying an additional 102,767 shares during the period. Pacer Advisors Inc. increased its position in shares of Helen of Troy by 30,278.8% in the third quarter. Pacer Advisors Inc. now owns 1,069,940 shares of the company's stock worth $66,176,000 after acquiring an additional 1,066,418 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 worth $61,789,000 after acquiring an additional 17,741 shares in the last quarter. Finally, Pzena Investment Management LLC purchased a new position in shares of Helen of Troy in the 3rd quarter valued at $35,962,000.

Helen of Troy Stock Up 0.6 %

Shares of HELE stock traded up $0.45 on Friday, hitting $72.70. The stock had a trading volume of 256,010 shares, compared to its average volume of 442,347. Helen of Troy Limited has a 52-week low of $48.05 and a 52-week high of $127.83. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 12.38, a P/E/G ratio of 1.44 and a beta of 0.88. 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 stock's 50 day moving average is $66.75 and its 200-day moving average is $70.75.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its earnings results on Wednesday, October 9th. The company reported $1.21 earnings per share 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 company had revenue of $474.20 million during the quarter, compared to the consensus estimate of $458.85 million. During the same period last year, the firm earned $1.45 earnings per share. The company's revenue was down 3.5% on a year-over-year basis. As a group, research analysts expect that Helen of Troy Limited will post 6.37 earnings per share for the current year.

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. DA Davidson increased their price target on Helen of Troy from $71.00 to $78.00 and gave the company a "neutral" rating in a report 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.

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.