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

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

A number of other institutional investors have also added to or reduced their stakes in the stock. KBC Group NV boosted its position in shares of 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 acquiring an additional 571 shares during the last quarter. Empowered Funds LLC purchased a new stake in Helen of Troy during the fourth quarter valued at $150,000. Gladstone Institutional Advisory LLC grew its stake in shares of Helen of Troy by 15.8% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 67,543 shares of the company's stock worth $4,041,000 after buying an additional 9,225 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Helen of Troy by 5.2% in the 4th quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock worth $7,856,000 after buying an additional 6,471 shares during the last quarter. Finally, Peregrine Capital Management LLC raised its position in shares of Helen of Troy by 63.2% during the 4th quarter. Peregrine Capital Management LLC now owns 58,048 shares of the company's stock valued at $3,473,000 after buying an additional 22,487 shares in the last quarter.

Helen of Troy Trading Down 0.2%

Helen of Troy stock traded down $0.06 during mid-day trading on Tuesday, hitting $26.18. The company's stock had a trading volume of 746,878 shares, compared to its average volume of 570,539. Helen of Troy Limited has a one year low of $24.15 and a one year high of $108.64. The stock has a market cap of $600.65 million, a PE ratio of 5.28, a P/E/G ratio of 1.80 and a beta of 0.91. The company has a 50 day moving average of $36.03 and a 200-day moving average of $53.01. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92.

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

Analyst Ratings Changes

Several research analysts recently commented on HELE shares. Wall Street Zen lowered Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. Canaccord Genuity Group dropped their target price on Helen of Troy from $92.00 to $70.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, UBS Group decreased their price target 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.