Foundry Partners LLC lifted its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 6.6% during the first quarter, HoldingsChannel.com reports. The fund owned 70,426 shares of the company’s stock after buying an additional 4,364 shares during the quarter. Foundry Partners LLC’s holdings in Helen of Troy were worth $6,127,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in HELE. ArrowMark Colorado Holdings LLC raised its holdings in Helen of Troy by 47.0% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 601,577 shares of the company’s stock worth $57,962,000 after buying an additional 192,386 shares during the last quarter. Champlain Investment Partners LLC raised its holdings in Helen of Troy by 28.1% during the first quarter. Champlain Investment Partners LLC now owns 856,225 shares of the company’s stock worth $74,492,000 after buying an additional 187,780 shares during the last quarter. Cooke & Bieler LP raised its holdings in Helen of Troy by 25.6% during the first quarter. Cooke & Bieler LP now owns 713,297 shares of the company’s stock worth $62,057,000 after buying an additional 145,440 shares during the last quarter. Neumeier Poma Investment Counsel LLC acquired a new position in Helen of Troy during the first quarter worth $10,151,000. Finally, Northern Trust Corp raised its holdings in Helen of Troy by 24.4% during the first quarter. Northern Trust Corp now owns 559,100 shares of the company’s stock worth $48,642,000 after buying an additional 109,700 shares during the last quarter. Institutional investors own 94.06% of the company’s stock.
Several research firms have weighed in on HELE. ValuEngine upgraded shares of Helen of Troy from a “sell” rating to a “hold” rating in a report on Friday, June 8th. DA Davidson upped their price objective on shares of Helen of Troy to $106.00 and gave the stock a “buy” rating in a report on Wednesday, June 6th. TheStreet upgraded shares of Helen of Troy from a “c+” rating to a “b-” rating in a report on Thursday. BidaskClub downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Saturday, May 12th. Finally, Zacks Investment Research upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $102.00 price objective on the stock in a report on Thursday, May 31st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $99.75.
Helen of Troy opened at $97.95 on Monday, according to MarketBeat Ratings. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 2.80 and a beta of 0.81. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.87. Helen of Troy Limited has a 1-year low of $81.10 and a 1-year high of $102.88.
Helen of Troy (NASDAQ:HELE) last announced its earnings results on Thursday, April 26th. The company reported $1.69 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.41 by $0.28. The company had revenue of $390.84 million during the quarter, compared to the consensus estimate of $351.37 million. Helen of Troy had a net margin of 2.81% and a return on equity of 18.12%. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.55 earnings per share. equities research analysts anticipate that Helen of Troy Limited will post 6.91 earnings per share for the current year.
In other news, insider Vincent D. Carson sold 22,893 shares of the stock in a transaction dated Tuesday, May 1st. The shares were sold at an average price of $88.62, for a total value of $2,028,777.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.57% of the company’s stock.
Helen of Troy Profile
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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