Voloridge Investment Management LLC increased its stake in Helen of Troy Limited (NASDAQ:HELE) by 29.9% during the third quarter, according to its most recent filing with the SEC. The fund owned 21,345 shares of the company’s stock after buying an additional 4,909 shares during the quarter. Voloridge Investment Management LLC owned 0.08% of Helen of Troy worth $3,365,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC raised its position in Helen of Troy by 0.5% in the second quarter. Fisher Asset Management LLC now owns 631,843 shares of the company’s stock worth $82,512,000 after acquiring an additional 3,420 shares during the period. Wells Fargo & Company MN raised its stake in Helen of Troy by 15.1% in the 2nd quarter. Wells Fargo & Company MN now owns 582,967 shares of the company’s stock valued at $76,130,000 after acquiring an additional 76,483 shares during the period. Northern Trust Corp boosted its position in Helen of Troy by 0.7% during the second quarter. Northern Trust Corp now owns 566,625 shares of the company’s stock worth $73,996,000 after purchasing an additional 4,183 shares during the period. Neumeier Poma Investment Counsel LLC boosted its position in Helen of Troy by 1.0% during the second quarter. Neumeier Poma Investment Counsel LLC now owns 313,808 shares of the company’s stock worth $40,980,000 after purchasing an additional 2,985 shares during the period. Finally, Voya Investment Management LLC boosted its position in Helen of Troy by 88.7% during the third quarter. Voya Investment Management LLC now owns 299,816 shares of the company’s stock worth $47,269,000 after purchasing an additional 140,963 shares during the period. Institutional investors own 93.70% of the company’s stock.
Shares of NASDAQ HELE opened at $162.21 on Tuesday. The company has a current ratio of 2.24, a quick ratio of 1.07 and a debt-to-equity ratio of 0.31. The business has a 50-day moving average of $156.00 and a 200-day moving average of $147.64. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 2.72 and a beta of 0.54. Helen of Troy Limited has a 12 month low of $108.31 and a 12 month high of $169.25.
Helen of Troy (NASDAQ:HELE) last announced its earnings results on Tuesday, October 8th. The company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.96 by $0.28. Helen of Troy had a net margin of 10.80% and a return on equity of 18.80%. The business had revenue of $414.00 million for the quarter, compared to the consensus estimate of $390.55 million. During the same period last year, the firm posted $1.98 earnings per share. Helen of Troy’s quarterly revenue was up 5.2% on a year-over-year basis. On average, analysts predict that Helen of Troy Limited will post 7.8 earnings per share for the current year.
HELE has been the topic of several research reports. BidaskClub raised shares of Helen of Troy from a “sell” rating to a “hold” rating in a research report on Tuesday. DA Davidson upped their price target on shares of Helen of Troy from $172.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, October 7th. They noted that the move was a valuation call. Bank of America boosted their price target on shares of Helen of Troy from $170.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Finally, ValuEngine cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $179.50.
About Helen of Troy
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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