Gotham Asset Management LLC Raises Stock Position in Helen of Troy Limited (NASDAQ:HELE)

Gotham Asset Management LLC raised its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 254.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,858 shares of the company's stock after purchasing an additional 12,100 shares during the quarter. Gotham Asset Management LLC owned 0.07% of Helen of Troy worth $1,009,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Franklin Resources Inc. raised its position in Helen of Troy by 13.9% during the 3rd quarter. Franklin Resources Inc. now owns 10,280 shares of the company's stock worth $704,000 after purchasing an additional 1,255 shares during the last quarter. KBC Group NV boosted its stake in shares of Helen of Troy by 73.1% in the 4th quarter. KBC Group NV now owns 1,352 shares of the company's stock worth $81,000 after buying an additional 571 shares during the last quarter. Empowered Funds LLC purchased a new position in Helen of Troy in the fourth quarter valued at approximately $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 valued at $4,041,000 after purchasing an additional 9,225 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Helen of Troy by 5.2% during the fourth quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock worth $7,856,000 after acquiring an additional 6,471 shares in the last quarter.

Helen of Troy Stock Performance

Shares of NASDAQ HELE traded down $1.79 during midday trading on Friday, hitting $26.24. 719,878 shares of the stock traded hands, compared to its average volume of 568,253. Helen of Troy Limited has a one year low of $24.15 and a one year high of $108.64. The firm has a 50-day moving average of $36.53 and a two-hundred day moving average of $53.39. The firm has a market capitalization of $602.02 million, a P/E ratio of 5.29, a PEG ratio of 1.80 and a beta of 0.91. 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 announced 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). Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The company had revenue of $485.89 million during the quarter, compared to the consensus estimate of $481.55 million. During the same period in the prior year, the business posted $2.45 earnings per share. Helen of Troy's revenue for the quarter was down .7% compared to the same quarter last year. On average, equities analysts forecast that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HELE shares. Canaccord Genuity Group lowered 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. UBS Group cut their price objective on Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. Finally, Wall Street Zen cut Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd.

Helen of Troy 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.