Raymond James Financial Inc. Acquires Shares of 56,270 Helen of Troy Limited (NASDAQ:HELE)

Raymond James Financial Inc. bought a new position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 56,270 shares of the company's stock, valued at approximately $3,367,000. Raymond James Financial Inc. owned approximately 0.25% of Helen of Troy as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in HELE. Arrowstreet Capital Limited Partnership boosted its position in Helen of Troy by 446.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock worth $38,695,000 after acquiring an additional 528,305 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Helen of Troy by 104.3% in the 4th quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company's stock valued at $20,893,000 after buying an additional 178,310 shares in the last quarter. Pzena Investment Management LLC increased its stake in shares of Helen of Troy by 21.4% in the 4th 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 during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Helen of Troy by 142.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 123,912 shares of the company's stock worth $7,414,000 after acquiring an additional 72,870 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Helen of Troy by 17.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company's stock valued at $28,847,000 after acquiring an additional 72,076 shares during the last quarter.

Helen of Troy Trading Down 0.4 %

NASDAQ HELE traded down $0.12 during trading on Friday, hitting $27.59. The stock had a trading volume of 125,588 shares, compared to its average volume of 533,521. The firm has a 50 day moving average price of $44.89 and a 200 day moving average price of $57.50. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a twelve month low of $26.71 and a twelve month high of $110.76. The company has a market capitalization of $633.02 million, a PE ratio of 5.56, a PEG ratio of 1.80 and a beta of 0.89.

Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $2.33 EPS for the quarter, missing the consensus estimate of $2.35 by ($0.02). The business had revenue of $485.89 million during the quarter, compared to analyst estimates of $481.55 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The business's revenue was down .7% on a year-over-year basis. During the same quarter last year, the firm earned $2.45 EPS. As a group, equities research analysts forecast that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Canaccord Genuity Group reduced their price target on shares of Helen of Troy from $92.00 to $70.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. StockNews.com cut Helen of Troy from a "buy" rating to a "hold" rating in a report on Friday. Finally, UBS Group reduced their price objective on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th.

Helen of Troy Company Profile

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.