Systematic Financial Management LP increased its stake in Helen of Troy Limited (NASDAQ:HELE) by 12.7% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 117,113 shares of the company’s stock after acquiring an additional 13,238 shares during the period. Systematic Financial Management LP owned about 0.44% of Helen of Troy worth $10,189,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in the stock. Meadow Creek Investment Management LLC grew its position in Helen of Troy by 25.2% in the fourth quarter. Meadow Creek Investment Management LLC now owns 2,838 shares of the company’s stock worth $273,000 after acquiring an additional 572 shares in the last quarter. ING Groep NV grew its position in Helen of Troy by 23.4% in the fourth quarter. ING Groep NV now owns 4,114 shares of the company’s stock worth $396,000 after acquiring an additional 780 shares in the last quarter. James Investment Research Inc. lifted its stake in Helen of Troy by 2.7% in the fourth quarter. James Investment Research Inc. now owns 36,025 shares of the company’s stock worth $3,471,000 after purchasing an additional 940 shares during the last quarter. Eagle Asset Management Inc. lifted its stake in Helen of Troy by 1.3% in the fourth quarter. Eagle Asset Management Inc. now owns 76,324 shares of the company’s stock worth $7,248,000 after purchasing an additional 945 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in Helen of Troy by 19.4% in the first quarter. SG Americas Securities LLC now owns 6,463 shares of the company’s stock worth $562,000 after purchasing an additional 1,048 shares during the last quarter. Institutional investors own 94.06% of the company’s stock.
Several analysts have weighed in on HELE shares. BidaskClub raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Friday, May 4th. DA Davidson started coverage on shares of Helen of Troy in a research note on Wednesday, March 28th. They issued a “buy” rating and a $100.00 price target for the company. Zacks Investment Research raised shares of Helen of Troy from a “hold” rating to a “buy” rating and set a $108.00 price target for the company in a research note on Tuesday, January 23rd. Finally, ValuEngine downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. Helen of Troy presently has an average rating of “Hold” and a consensus target price of $100.25.
Helen of Troy opened at $91.10 on Wednesday, Marketbeat.com reports. The company has a quick ratio of 1.02, a current ratio of 1.87 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 13.50, a price-to-earnings-growth ratio of 2.62 and a beta of 0.84. Helen of Troy Limited has a twelve month low of $81.10 and a twelve month high of $102.88.
Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings results on Thursday, April 26th. The company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.28. The business 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 period in the previous year, the firm posted $1.55 earnings per share. equities analysts anticipate that Helen of Troy Limited will post 6.91 EPS for the current fiscal year.
In other news, insider Vincent D. Carson sold 22,893 shares of the company’s stock in a transaction dated Tuesday, May 1st. The shares were sold at an average price of $88.62, for a total transaction of $2,028,777.66. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 four segments: Housewares, Health & Home, Nutritional Supplements, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization and bathroom accessories; 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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