GAMMA Investing LLC Has $20 Million Holdings in Helen of Troy Limited (NASDAQ:HELE)

GAMMA Investing LLC grew its holdings in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 7,625.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,390 shares of the company's stock after purchasing an additional 36,906 shares during the period. GAMMA Investing LLC owned approximately 0.16% of Helen of Troy worth $20,000,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. KBC Group NV grew its position in Helen of Troy by 73.1% in the fourth 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 bought a new stake in shares of Helen of Troy during the 4th quarter worth $150,000. Gladstone Institutional Advisory LLC grew its holdings in shares of Helen of Troy by 15.8% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 67,543 shares of the company's stock worth $4,041,000 after acquiring an additional 9,225 shares during the last quarter. Principal Financial Group Inc. raised 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 purchasing an additional 6,471 shares during the period. Finally, Peregrine Capital Management LLC lifted its holdings in shares of Helen of Troy by 63.2% during the fourth quarter. Peregrine Capital Management LLC now owns 58,048 shares of the company's stock valued at $3,473,000 after purchasing an additional 22,487 shares during the last quarter.

Helen of Troy Stock Up 0.2%

HELE stock traded up $0.05 during midday trading on Friday, reaching $27.99. The company had a trading volume of 418,886 shares, compared to its average volume of 582,366. The company has a 50 day moving average of $31.90 and a two-hundred day moving average of $51.05. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a 1 year low of $24.15 and a 1 year high of $106.45. The company has a market capitalization of $642.17 million, a P/E ratio of 5.64, a PEG ratio of 1.80 and a beta of 0.86.

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

Analyst Ratings Changes

Several analysts have issued reports on HELE shares. 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 report on Thursday, April 17th. Canaccord Genuity Group lowered their price objective on shares of 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, Wall Street Zen lowered Helen of Troy from a "buy" rating to a "hold" rating in a 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.