Ninety One UK Ltd Has $940,000 Stock Position in Helen of Troy Limited (NASDAQ:HELE)

Ninety One UK Ltd trimmed its position in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 37.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,578 shares of the company's stock after selling 10,378 shares during the quarter. Ninety One UK Ltd owned approximately 0.08% of Helen of Troy worth $940,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. First Trust Advisors LP grew its stake in Helen of Troy by 111.3% in the 4th quarter. First Trust Advisors LP now owns 69,856 shares of the company's stock valued at $4,179,000 after buying an additional 36,795 shares during the last quarter. GAMMA Investing LLC grew its stake in Helen of Troy by 7,625.2% in the 1st quarter. GAMMA Investing LLC now owns 37,390 shares of the company's stock valued at $20,000,000 after buying an additional 36,906 shares during the last quarter. Swiss National Bank grew its stake in Helen of Troy by 0.9% in the 4th 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 during the last quarter. Bank of America Corp DE grew its stake in Helen of Troy by 80.5% in the 4th quarter. Bank of America Corp DE now owns 364,180 shares of the company's stock valued at $21,789,000 after buying an additional 162,460 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in Helen of Troy by 446.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock valued at $38,695,000 after buying an additional 528,305 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on HELE. UBS Group set a $29.00 target price on shares of Helen of Troy and gave the stock a "neutral" rating in a report on Friday. Wall Street Zen cut shares of Helen of Troy from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Finally, Canaccord Genuity Group reaffirmed a "hold" rating and set a $26.00 target price (down from $47.00) on shares of Helen of Troy in a report on Friday.

Helen of Troy Price Performance

NASDAQ:HELE traded down $1.41 during mid-day trading on Friday, reaching $22.55. The stock had a trading volume of 2,429,757 shares, compared to its average volume of 616,231. The stock has a 50-day simple moving average of $28.27 and a two-hundred day simple moving average of $44.02. The stock has a market capitalization of $517.30 million, a PE ratio of 4.18, a P/E/G ratio of 1.48 and a beta of 0.87. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.00 and a quick ratio of 1.03. Helen of Troy Limited has a 12 month low of $21.20 and a 12 month high of $77.95.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings data on Thursday, July 10th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.91 by ($0.50). The firm had revenue of $371.66 million during the quarter, compared to the consensus estimate of $400.69 million. Helen of Troy had a net margin of 6.49% and a return on equity of 8.93%. The business's revenue was down 10.8% compared to the same quarter last year. During the same period last year, the business earned $0.99 earnings per share. On average, equities analysts anticipate that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Helen of Troy Company 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.