Woodline Partners LP Buys New Holdings in Helen of Troy Limited (NASDAQ:HELE)

Woodline Partners LP acquired a new position in Helen of Troy Limited (NASDAQ:HELE - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 72,180 shares of the company's stock, valued at approximately $4,319,000. Woodline Partners LP owned approximately 0.32% of Helen of Troy at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of HELE. Canada Pension Plan Investment Board raised its holdings in shares of Helen of Troy by 66.7% during the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock worth $30,000 after acquiring an additional 200 shares in the last quarter. Swiss National Bank increased its stake in shares of Helen of Troy by 0.9% in the fourth quarter. Swiss National Bank now owns 45,000 shares of the company's stock worth $2,692,000 after purchasing an additional 400 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Helen of Troy by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,970 shares of the company's stock worth $776,000 after purchasing an additional 477 shares during the period. Amundi increased its stake in shares of Helen of Troy by 40.9% in the fourth quarter. Amundi now owns 1,651 shares of the company's stock worth $97,000 after purchasing an additional 479 shares during the period. Finally, Anchor Capital Advisors LLC increased its stake in shares of Helen of Troy by 4.8% in the fourth quarter. Anchor Capital Advisors LLC now owns 11,209 shares of the company's stock worth $671,000 after purchasing an additional 511 shares during the period.

Helen of Troy Trading Up 5.2%

Shares of HELE traded up $1.31 during trading hours on Thursday, reaching $26.60. The stock had a trading volume of 248,896 shares, compared to its average volume of 571,358. 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 52 week low of $24.15 and a 52 week high of $108.64. The firm has a 50-day moving average of $34.96 and a 200 day moving average of $52.63. The company has a market cap of $610.33 million, a P/E ratio of 5.35, a P/E/G ratio of 1.80 and a beta of 0.91.

Helen of Troy (NASDAQ:HELE - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $2.33 earnings per share (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 firm had revenue of $485.89 million for the quarter, compared to the consensus estimate of $481.55 million. During the same quarter last year, the company posted $2.45 EPS. Helen of Troy's revenue for the quarter was down .7% on a year-over-year basis. On average, sell-side analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HELE. Wall Street Zen lowered Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Canaccord Genuity Group reduced their price objective 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, UBS Group reduced their price objective on Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th.

About Helen of Troy

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.