Helen of Troy Limited (NASDAQ:HELE) Stock Position Decreased by Clearline Capital LP

Clearline Capital LP lowered its stake in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 46.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,158 shares of the company's stock after selling 95,580 shares during the quarter. Clearline Capital LP owned about 0.48% of Helen of Troy worth $6,591,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. First Trust Advisors LP raised its position in shares of Helen of Troy by 111.3% during the fourth quarter. First Trust Advisors LP now owns 69,856 shares of the company's stock valued at $4,179,000 after buying an additional 36,795 shares during the last quarter. Swiss National Bank boosted its position in shares of Helen of Troy by 0.9% during the fourth quarter. Swiss National Bank now owns 45,000 shares of the company's stock valued at $2,692,000 after buying an additional 400 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Helen of Troy by 5.2% in the fourth quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock worth $7,856,000 after purchasing an additional 6,471 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Helen of Troy by 446.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock worth $38,695,000 after purchasing an additional 528,305 shares during the period. Finally, KBC Group NV increased its position in Helen of Troy by 73.1% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $81,000 after purchasing an additional 571 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on HELE shares. Canaccord Genuity Group decreased their target price on shares of Helen of Troy from $92.00 to $70.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. UBS Group decreased 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 research note on Thursday, April 17th. Finally, StockNews.com cut Helen of Troy from a "buy" rating to a "hold" rating in a report on Friday, May 2nd.

Helen of Troy Stock Performance

Helen of Troy stock traded up $0.53 during mid-day trading on Friday, reaching $27.27. 963,592 shares of the company were exchanged, compared to its average volume of 552,337. The firm's 50-day simple moving average is $41.31 and its two-hundred day simple moving average is $55.75. Helen of Troy Limited has a twelve month low of $24.15 and a twelve month high of $110.76. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92. The firm has a market cap of $625.66 million, a PE ratio of 5.50, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91.

Helen of Troy (NASDAQ:HELE - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $2.33 earnings per share for the quarter, missing the consensus estimate of $2.35 by ($0.02). The company had revenue of $485.89 million for the quarter, compared to analysts' expectations 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 quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the business posted $2.45 EPS. Equities analysts predict that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

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.