Public Sector Pension Investment Board Purchases 15,573 Shares of Helen of Troy Limited $HELE

Public Sector Pension Investment Board boosted its position in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 27.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,526 shares of the company's stock after buying an additional 15,573 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.32% of Helen of Troy worth $3,879,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HELE. Canada Pension Plan Investment Board grew its stake in Helen of Troy by 66.7% in the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock valued at $30,000 after buying an additional 200 shares during the last quarter. Sterling Capital Management LLC grew its stake in Helen of Troy by 844.7% in the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock valued at $43,000 after buying an additional 642 shares during the last quarter. Quarry LP grew its stake in Helen of Troy by 917.5% in the 4th quarter. Quarry LP now owns 814 shares of the company's stock valued at $49,000 after buying an additional 734 shares during the last quarter. IMA Advisory Services Inc. acquired a new position in Helen of Troy in the 1st quarter valued at $52,000. Finally, QRG Capital Management Inc. acquired a new position in Helen of Troy in the 1st quarter valued at $207,000.

Insider Activity

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

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Wall Street Zen lowered shares of Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. Canaccord Genuity Group restated a "hold" rating and issued a $26.00 price target (down from $47.00) on shares of Helen of Troy in a research report on Friday, July 11th. Finally, UBS Group decreased their price target on shares of Helen of Troy from $32.00 to $29.00 and set a "neutral" rating on the stock in a research report on Friday, July 11th. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $44.33.

Helen of Troy Price Performance

Shares of Helen of Troy stock traded up $1.0040 during trading on Friday, hitting $24.1440. 250,601 shares of the company's stock traded hands, compared to its average volume of 705,000. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.70 and a quick ratio of 0.74. The firm's fifty day moving average price is $25.14 and its 200 day moving average price is $35.87. Helen of Troy Limited has a twelve month low of $20.02 and a twelve month high of $77.95. The company has a market cap of $553.86 million, a PE ratio of -1.66 and a beta of 0.86.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its earnings results on Thursday, July 10th. The company reported $0.41 earnings per share 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 for the quarter, compared to analyst estimates of $400.69 million. During the same quarter last year, the firm posted $0.99 earnings per share. Helen of Troy's revenue was down 10.8% on a year-over-year basis. Analysts forecast that Helen of Troy Limited will post 6.46 earnings per share for the current year.

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.