Deutsche Bank AG Raises Stake in Helen of Troy Limited (NASDAQ:HELE)

Deutsche Bank AG raised its position in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 76.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,132 shares of the company's stock after purchasing an additional 24,339 shares during the period. Deutsche Bank AG owned 0.25% of Helen of Troy worth $3,358,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of HELE. Franklin Resources Inc. raised its stake in shares of Helen of Troy by 13.9% during the third quarter. Franklin Resources Inc. now owns 10,280 shares of the company's stock worth $704,000 after acquiring an additional 1,255 shares in the last quarter. KBC Group NV grew its holdings 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 purchasing an additional 571 shares during the last quarter. Empowered Funds LLC purchased a new position in Helen of Troy in the 4th quarter worth $150,000. Gladstone Institutional Advisory LLC lifted its stake in Helen of Troy by 15.8% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 67,543 shares of the company's stock worth $4,041,000 after purchasing an additional 9,225 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in 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.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HELE shares. Wall Street Zen cut 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 target on 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. 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 research note on Thursday, April 17th.

Helen of Troy Trading Down 6.4%

Helen of Troy stock traded down $1.79 during mid-day trading on Friday, reaching $26.24. 719,878 shares of the company traded hands, compared to its average volume of 569,831. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. Helen of Troy Limited has a 52-week low of $24.15 and a 52-week high of $108.64. The firm has a market capitalization of $602.02 million, a price-to-earnings ratio of 5.29, a P/E/G ratio of 1.80 and a beta of 0.91. The firm's 50 day moving average price is $36.53 and its 200 day moving average price is $53.32.

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

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.