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

Ninety One UK Ltd lowered its position in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 37.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,578 shares of the company's stock after selling 10,378 shares during the period. Ninety One UK Ltd owned 0.08% of Helen of Troy worth $940,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Canada Pension Plan Investment Board increased its holdings in Helen of Troy by 66.7% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock worth $30,000 after purchasing an additional 200 shares in the last quarter. Sterling Capital Management LLC raised its holdings in shares of Helen of Troy by 844.7% during the fourth quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock valued at $43,000 after purchasing an additional 642 shares during the period. Quarry LP grew its position in Helen of Troy by 917.5% in the 4th quarter. Quarry LP now owns 814 shares of the company's stock worth $49,000 after purchasing an additional 734 shares in the last quarter. Amundi lifted its stake in Helen of Troy by 40.9% in the 4th quarter. Amundi now owns 1,651 shares of the company's stock worth $97,000 after purchasing an additional 479 shares in the last quarter. Finally, LSV Asset Management bought a new stake in shares of Helen of Troy during the 4th quarter valued at about $168,000.

Helen of Troy Stock Down 5.9%

NASDAQ HELE traded down $1.41 on Friday, reaching $22.55. The stock had a trading volume of 2,459,090 shares, compared to its average volume of 614,507. The company has a market capitalization of $517.30 million, a price-to-earnings ratio of -1.55, a P/E/G ratio of 1.08 and a beta of 0.87. The business has a 50 day moving average price of $28.16 and a 200 day moving average price of $43.63. Helen of Troy Limited has a 1 year low of $21.20 and a 1 year high of $77.95. The company has a current ratio of 1.70, a quick ratio of 1.03 and a debt-to-equity ratio of 0.75.

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

Analysts Set New Price Targets

HELE has been the subject of a number of recent analyst reports. UBS Group set a $29.00 price target on shares of Helen of Troy and gave the stock a "neutral" rating in a research report on Friday. 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. Finally, Wall Street Zen lowered shares of Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd.

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.