Envestnet Asset Management Inc. Grows Position in Helen of Troy Limited (NASDAQ:HELE)

Envestnet Asset Management Inc. grew its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 20.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,625 shares of the company's stock after buying an additional 25,713 shares during the quarter. Envestnet Asset Management Inc. owned about 0.65% of Helen of Troy worth $8,003,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Canada Pension Plan Investment Board grew its stake in shares of Helen of Troy by 66.7% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock worth $30,000 after purchasing an additional 200 shares during the period. Swiss National Bank increased its holdings in Helen of Troy by 0.9% in 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Helen of Troy by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,970 shares of the company's stock valued at $776,000 after acquiring an additional 477 shares during the period. Sterling Capital Management LLC lifted its position in shares of Helen of Troy by 844.7% during the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock valued at $43,000 after acquiring an additional 642 shares during the period. Finally, Quarry LP boosted its stake in shares of Helen of Troy by 917.5% during the 4th quarter. Quarry LP now owns 814 shares of the company's stock worth $49,000 after acquiring an additional 734 shares in the last quarter.

Helen of Troy Price Performance

Shares of HELE traded down $0.75 during mid-day trading on Thursday, reaching $23.69. 371,387 shares of the company's stock were exchanged, compared to its average volume of 716,000. Helen of Troy Limited has a 52-week low of $20.02 and a 52-week high of $77.95. The company has a quick ratio of 0.74, a current ratio of 1.70 and a debt-to-equity ratio of 0.69. The company has a 50-day simple moving average of $27.37 and a two-hundred day simple moving average of $41.78. The company has a market cap of $543.45 million, a price-to-earnings ratio of -1.63 and a beta of 0.87.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data on Thursday, July 10th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.50). The company had revenue of $371.66 million during the quarter, compared to analysts' expectations of $400.69 million. Helen of Troy had a negative net margin of 17.89% and a positive return on equity of 8.96%. The firm's revenue was down 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.99 earnings per share. On average, sell-side analysts predict that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.

Insider Activity

In other Helen of Troy news, CEO Brian Grass acquired 10,000 shares of the firm's stock in a transaction dated Tuesday, July 15th. The shares were acquired at an average price of $21.47 per share, for a total transaction of $214,700.00. Following the completion of the acquisition, the chief executive officer directly owned 135,932 shares of the company's stock, valued at $2,918,460.04. This trade represents a 7.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Tracy Scheuerman acquired 10,000 shares of the stock in a transaction dated Tuesday, July 15th. The stock was acquired at an average cost of $20.13 per share, with a total value of $201,300.00. Following the transaction, the chief financial officer owned 33,041 shares of the company's stock, valued at approximately $665,115.33. This trade represents a 43.40% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 20,435 shares of company stock worth $425,948 over the last ninety days. 0.45% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on HELE shares. Wall Street Zen downgraded Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. UBS Group set a $29.00 price target on Helen of Troy and gave the company a "neutral" rating in a research report on Friday, July 11th. Finally, Canaccord Genuity Group reiterated a "hold" rating and issued a $26.00 price objective (down from $47.00) on shares of Helen of Troy in a research report on Friday, July 11th.

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.