Ninety One UK Ltd Sells 10,378 Shares of Helen of Troy Limited (NASDAQ:HELE)

Ninety One UK Ltd cut its position in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 37.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,578 shares of the company's stock after selling 10,378 shares during the quarter. Ninety One UK Ltd owned about 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. Earnest Partners LLC raised its position in shares of Helen of Troy by 18.6% in the fourth quarter. Earnest Partners LLC now owns 757,339 shares of the company's stock valued at $45,312,000 after buying an additional 118,982 shares in the last quarter. Pzena Investment Management LLC lifted its stake in shares of Helen of Troy by 21.4% in the 4th quarter. Pzena Investment Management LLC now owns 705,711 shares of the company's stock valued at $42,223,000 after acquiring an additional 124,269 shares during the last quarter. Cooper Creek Partners Management LLC acquired a new stake in shares of Helen of Troy during the fourth quarter valued at about $41,248,000. Arrowstreet Capital Limited Partnership boosted its position in Helen of Troy by 446.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock worth $38,695,000 after buying an additional 528,305 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in Helen of Troy by 17.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company's stock valued at $28,847,000 after purchasing an additional 72,076 shares during the period.

Helen of Troy Stock Performance

HELE stock traded down $0.29 during mid-day trading on Wednesday, hitting $31.00. The company had a trading volume of 849,979 shares, compared to its average volume of 614,402. Helen of Troy Limited has a 12 month low of $24.15 and a 12 month high of $77.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.03 and a current ratio of 2.00. The stock's fifty day moving average price is $28.28 and its two-hundred day moving average price is $44.37. The firm has a market cap of $711.14 million, a PE ratio of 5.75, a price-to-earnings-growth ratio of 1.44 and a beta of 0.87.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $2.33 earnings per share for the quarter, missing analysts' consensus estimates of $2.35 by ($0.02). Helen of Troy had a return on equity of 8.93% and a net margin of 6.49%. The business had revenue of $485.89 million for the quarter, compared to the consensus estimate of $481.55 million. During the same quarter in the prior year, the business earned $2.45 EPS. Helen of Troy's revenue for the quarter was down .7% compared to the same quarter last year. On average, analysts forecast that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Canaccord Genuity Group lowered their price target on shares of Helen of Troy from $53.00 to $47.00 and set a "buy" rating for the company in a report on Monday. UBS Group dropped their price objective on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Finally, Wall Street Zen downgraded Helen of Troy from a "buy" rating to a "hold" rating in a report on Friday, May 2nd.

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.