Helen of Troy Limited (HELE) Holdings Lifted by Prudential Financial Inc.

Prudential Financial Inc. boosted its stake in Helen of Troy Limited (NASDAQ:HELE) by 7.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 129,331 shares of the company’s stock after acquiring an additional 8,720 shares during the period. Prudential Financial Inc. owned about 0.47% of Helen of Troy worth $12,532,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Flinton Capital Management LLC increased its stake in Helen of Troy by 66.0% in the second quarter. Flinton Capital Management LLC now owns 1,408 shares of the company’s stock valued at $133,000 after purchasing an additional 560 shares during the period. Riverhead Capital Management LLC increased its stake in Helen of Troy by 85.0% in the second quarter. Riverhead Capital Management LLC now owns 1,665 shares of the company’s stock valued at $157,000 after purchasing an additional 765 shares during the period. Citigroup Inc. increased its stake in Helen of Troy by 18.3% in the second quarter. Citigroup Inc. now owns 1,735 shares of the company’s stock valued at $163,000 after purchasing an additional 268 shares during the period. Victory Capital Management Inc. increased its stake in Helen of Troy by 17.7% in the second quarter. Victory Capital Management Inc. now owns 1,966 shares of the company’s stock valued at $185,000 after purchasing an additional 295 shares during the period. Finally, LS Investment Advisors LLC increased its stake in Helen of Troy by 17.7% in the second quarter. LS Investment Advisors LLC now owns 2,134 shares of the company’s stock valued at $201,000 after purchasing an additional 321 shares during the period. 91.76% of the stock is owned by hedge funds and other institutional investors.

Shares of Helen of Troy Limited (NASDAQ HELE) traded up $0.50 during trading on Thursday, hitting $90.60. 170,989 shares of the stock were exchanged, compared to its average volume of 154,000. Helen of Troy Limited has a twelve month low of $80.00 and a twelve month high of $102.88. The company has a current ratio of 1.89, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $2,404.91, a price-to-earnings ratio of 13.09, a price-to-earnings-growth ratio of 12.27 and a beta of 0.91.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Thursday, October 5th. The company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.29. Helen of Troy had a net margin of 6.93% and a return on equity of 18.28%. The business had revenue of $378.46 million for the quarter, compared to analyst estimates of $377.08 million. During the same period in the previous year, the business posted $1.31 earnings per share. The business’s revenue was up 2.8% compared to the same quarter last year. equities analysts forecast that Helen of Troy Limited will post 6.42 EPS for the current fiscal year.

In other Helen of Troy news, Director Timothy F. Meeker sold 2,500 shares of the company’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $94.00, for a total transaction of $235,000.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.57% of the company’s stock.

HELE has been the topic of a number of recent research reports. CL King initiated coverage on shares of Helen of Troy in a research note on Tuesday, September 12th. They issued a “buy” rating and a $104.00 price objective on the stock. ValuEngine upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. KeyCorp restated a “hold” rating on shares of Helen of Troy in a research note on Friday, October 6th. BidaskClub lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Saturday, August 26th. Finally, Zacks Investment Research lowered shares of Helen of Troy from a “hold” rating to a “sell” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. Helen of Troy currently has a consensus rating of “Hold” and an average target price of $99.40.

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About Helen of Troy

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.

Institutional Ownership by Quarter for Helen of Troy (NASDAQ:HELE)

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