AQR Capital Management LLC Sells 112,653 Shares of Helen of Troy Limited (NASDAQ:HELE)

AQR Capital Management LLC lowered its position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 36.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 194,788 shares of the company's stock after selling 112,653 shares during the quarter. AQR Capital Management LLC owned 0.85% of Helen of Troy worth $11,654,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Franklin Resources Inc. increased its holdings in Helen of Troy by 13.9% during the 3rd quarter. Franklin Resources Inc. now owns 10,280 shares of the company's stock valued at $704,000 after acquiring an additional 1,255 shares in the last quarter. JPMorgan Chase & Co. increased its position in Helen of Troy by 7.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 83,889 shares of the company's stock worth $5,189,000 after purchasing an additional 5,920 shares in the last quarter. GAMMA Investing LLC increased its holdings in Helen of Troy by 96.0% in the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company's stock valued at $29,000 after purchasing an additional 237 shares in the last quarter. Nordea Investment Management AB lifted its position in Helen of Troy by 5.8% during the 4th quarter. Nordea Investment Management AB now owns 48,961 shares of the company's stock worth $2,923,000 after acquiring an additional 2,675 shares in the last quarter. Finally, First Hawaiian Bank grew its holdings in Helen of Troy by 7.2% during the 4th quarter. First Hawaiian Bank now owns 10,032 shares of the company's stock valued at $600,000 after purchasing an additional 671 shares in the last quarter.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. UBS Group cut their price target 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. Canaccord Genuity Group cut their price target on Helen of Troy from $92.00 to $70.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Finally, StockNews.com cut Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd.

Helen of Troy Stock Up 2.0 %

NASDAQ HELE traded up $0.53 on Friday, reaching $27.27. The stock had a trading volume of 963,592 shares, compared to its average volume of 550,158. The business has a 50 day moving average price of $41.84 and a 200 day moving average price of $56.07. Helen of Troy Limited has a 1 year low of $24.15 and a 1 year high of $110.76. The company has a market capitalization of $625.66 million, a price-to-earnings ratio of 5.50, a P/E/G ratio of 1.80 and a beta of 0.91. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

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

Helen of Troy 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.