Helen of Troy Limited (NASDAQ:HELE) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 116.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,716 shares of the company's stock after acquiring an additional 30,993 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.25% of Helen of Troy worth $3,570,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Pacer Advisors Inc. boosted its position in shares of Helen of Troy by 30,278.8% in the 3rd quarter. Pacer Advisors Inc. now owns 1,069,940 shares of the company's stock worth $66,176,000 after purchasing an additional 1,066,418 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Helen of Troy by 37.9% during the third quarter. Principal Financial Group Inc. now owns 124,834 shares of the company's stock valued at $7,721,000 after acquiring an additional 34,318 shares in the last quarter. Earnest Partners LLC boosted its stake in Helen of Troy by 2.7% in the 2nd quarter. Earnest Partners LLC now owns 666,256 shares of the company's stock worth $61,789,000 after purchasing an additional 17,741 shares in the last quarter. Algert Global LLC purchased a new stake in Helen of Troy during the 2nd quarter worth approximately $829,000. Finally, Marshall Wace LLP increased its stake in Helen of Troy by 1,178.7% during the 2nd quarter. Marshall Wace LLP now owns 51,302 shares of the company's stock valued at $4,758,000 after purchasing an additional 47,290 shares in the last quarter.

Wall Street Analyst Weigh In

HELE has been the topic of a number of research analyst reports. Canaccord Genuity Group reissued a "buy" rating and set a $84.00 price objective on shares of Helen of Troy in a report on Monday, October 7th. DA Davidson boosted their price target on Helen of Troy from $71.00 to $78.00 and gave the company a "neutral" rating in a research note on Monday, November 25th.

Helen of Troy Stock Performance

NASDAQ HELE traded down $0.77 on Friday, reaching $68.42. 360,467 shares of the company's stock traded hands, compared to its average volume of 440,606. 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 debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 1.77. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 11.46, a P/E/G ratio of 1.38 and a beta of 0.88. The stock has a 50 day moving average price of $67.75 and a 200-day moving average price of $69.57.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data on Wednesday, October 9th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.16. The business had revenue of $474.20 million during the quarter, compared to analysts' expectations of $458.85 million. Helen of Troy had a return on equity of 9.31% and a net margin of 7.35%. The company's revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.45 EPS. Equities research analysts predict that Helen of Troy Limited will post 6.37 EPS for the current fiscal year.

Helen of Troy announced that its board has approved a share buyback plan on Thursday, September 5th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 39.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its shares are undervalued.

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.