Helen of Troy Limited $HELE Shares Purchased by Public Sector Pension Investment Board

Public Sector Pension Investment Board boosted its stake in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 27.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 72,526 shares of the company's stock after acquiring an additional 15,573 shares during the period. Public Sector Pension Investment Board owned about 0.32% of Helen of Troy worth $3,879,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board raised its position in 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 during the period. Sterling Capital Management LLC raised its position in Helen of Troy by 844.7% during the fourth quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock worth $43,000 after acquiring an additional 642 shares during the period. Quarry LP raised its position in Helen of Troy by 917.5% during the fourth quarter. Quarry LP now owns 814 shares of the company's stock worth $49,000 after acquiring an additional 734 shares during the period. IMA Advisory Services Inc. acquired a new position in Helen of Troy during the first quarter worth $52,000. Finally, QRG Capital Management Inc. acquired a new stake in Helen of Troy during the 1st quarter worth $207,000.

Helen of Troy Trading Up 1.5%

Shares of Helen of Troy stock traded up $0.35 during trading hours on Wednesday, hitting $24.38. The company's stock had a trading volume of 1,022,518 shares, compared to its average volume of 707,026. Helen of Troy Limited has a twelve month low of $20.02 and a twelve month high of $77.95. The firm has a fifty day moving average of $25.32 and a 200-day moving average of $36.20. The stock has a market cap of $559.35 million, a price-to-earnings ratio of -1.68 and a beta of 0.86. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.74 and a current ratio of 1.70.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings results on Thursday, July 10th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.50). Helen of Troy had a negative net margin of 17.89% and a positive return on equity of 8.96%. The business had revenue of $371.66 million during the quarter, compared to analyst estimates of $400.69 million. During the same period last year, the company earned $0.99 EPS. The business's revenue for the quarter was down 10.8% on a year-over-year basis. Research analysts forecast that Helen of Troy Limited will post 6.46 EPS for the current year.

Analyst Ratings Changes

HELE has been the topic of several recent research reports. Canaccord Genuity Group reaffirmed a "hold" rating and set a $26.00 target price (down previously from $47.00) on shares of Helen of Troy in a research note on Friday, July 11th. UBS Group cut their target price on Helen of Troy from $32.00 to $29.00 and set a "neutral" rating for the company in a research note on Friday, July 11th. Finally, Wall Street Zen downgraded Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $44.33.

Insider Buying and Selling at Helen of Troy

In related news, CFO Tracy Scheuerman acquired 10,000 shares of Helen of Troy stock in a transaction dated Tuesday, July 15th. The shares were acquired at an average cost of $20.13 per share, for a total transaction of $201,300.00. Following the completion of the purchase, the chief financial officer owned 33,041 shares in the company, valued at approximately $665,115.33. The trade was a 43.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brian Grass bought 10,000 shares of the stock in a transaction that occurred on Tuesday, July 15th. The shares were purchased at an average price of $21.47 per share, with a total value of $214,700.00. Following the purchase, the chief executive officer owned 135,932 shares of the company's stock, valued at approximately $2,918,460.04. This represents a 7.94% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 20,435 shares of company stock worth $425,948. Insiders own 0.45% of the company's stock.

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.