William Blair Investment Management LLC Purchases 8,597 Shares of Helen of Troy Limited (NASDAQ:HELE)

William Blair Investment Management LLC lifted its position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 440,851 shares of the company's stock after acquiring an additional 8,597 shares during the quarter. William Blair Investment Management LLC owned approximately 1.93% of Helen of Troy worth $26,376,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HELE. Royce & Associates LP bought a new stake in Helen of Troy in the fourth quarter valued at approximately $355,000. Swiss National Bank increased its position in shares of Helen of Troy by 0.9% in the 4th quarter. Swiss National Bank now owns 45,000 shares of the company's stock valued at $2,692,000 after buying an additional 400 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Helen of Troy during the 4th quarter worth $484,000. Avantax Advisory Services Inc. bought a new position in Helen of Troy during the fourth quarter worth about $803,000. Finally, Pzena Investment Management LLC lifted its holdings in Helen of Troy by 21.4% during the fourth quarter. Pzena Investment Management LLC now owns 705,711 shares of the company's stock worth $42,223,000 after acquiring an additional 124,269 shares in the last quarter.

Helen of Troy Stock Up 1.3 %

Shares of HELE stock traded up $0.66 on Friday, hitting $52.85. 1,387,260 shares of the stock were exchanged, compared to its average volume of 482,465. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $1.21 billion, a P/E ratio of 10.66, a price-to-earnings-growth ratio of 1.80 and a beta of 0.90. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $116.13. The business has a 50-day moving average of $58.25 and a 200 day moving average of $62.01.

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Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $530.70 million for the quarter, compared to the consensus estimate of $532.91 million. During the same period last year, the company earned $2.79 earnings per share. The firm's revenue was down 3.4% compared to the same quarter last year. Equities analysts anticipate that Helen of Troy Limited will post 6.46 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. UBS Group dropped their price target on Helen of Troy from $79.00 to $69.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 7th. StockNews.com upgraded shares of Helen of Troy from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. Finally, DA Davidson upped their price target on shares of Helen of Troy from $71.00 to $78.00 and gave the company a "neutral" rating in a report on Monday, November 25th.

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.