Pzena Investment Management LLC Has $40.45 Million Position in Helen of Troy Limited (NASDAQ:HELE)

Pzena Investment Management LLC boosted its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 7.2% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 756,227 shares of the company's stock after buying an additional 50,516 shares during the period. Pzena Investment Management LLC owned approximately 3.30% of Helen of Troy worth $40,451,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Canada Pension Plan Investment Board grew 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 valued at $30,000 after purchasing an additional 200 shares in the last quarter. Sterling Capital Management LLC grew its holdings in Helen of Troy by 844.7% during the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock valued at $43,000 after purchasing an additional 642 shares in the last quarter. Quarry LP grew its holdings in Helen of Troy by 917.5% during the 4th quarter. Quarry LP now owns 814 shares of the company's stock valued at $49,000 after purchasing an additional 734 shares in the last quarter. Amundi grew its holdings in Helen of Troy by 40.9% during the 4th quarter. Amundi now owns 1,651 shares of the company's stock valued at $97,000 after purchasing an additional 479 shares in the last quarter. Finally, LSV Asset Management acquired a new stake in Helen of Troy during the 4th quarter valued at $168,000.

Analyst Upgrades and Downgrades

HELE has been the subject of a number of research analyst reports. Canaccord Genuity Group restated a "hold" rating and issued a $26.00 price target (down previously from $47.00) on shares of Helen of Troy in a research note on Friday, July 11th. UBS Group set a $29.00 target price on Helen of Troy and gave the stock a "neutral" rating in a report on Friday, July 11th. Finally, Wall Street Zen downgraded Helen of Troy from a "buy" rating to a "hold" rating in a report on Friday, May 2nd.

Insider Transactions at Helen of Troy

In other news, CFO Tracy Scheuerman bought 10,000 shares of the firm's stock in a transaction on Tuesday, July 15th. The stock was bought at an average cost of $20.13 per share, for a total transaction of $201,300.00. Following the completion of the acquisition, the chief financial officer directly owned 33,041 shares in the company, valued at $665,115.33. This represents a 43.40% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Brian Grass acquired 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The stock was purchased at an average cost of $21.47 per share, with a total value of $214,700.00. Following the purchase, the chief executive officer directly owned 135,932 shares in the company, valued at approximately $2,918,460.04. This trade represents a 7.94% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 20,435 shares of company stock valued at $425,948 over the last three months. 0.45% of the stock is owned by corporate insiders.

Helen of Troy Stock Performance

Shares of NASDAQ:HELE traded down $0.76 during trading on Friday, reaching $21.94. 1,257,668 shares of the company's stock traded hands, compared to its average volume of 636,103. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.70 and a quick ratio of 0.74. Helen of Troy Limited has a 12 month low of $20.02 and a 12 month high of $77.95. The company has a 50 day moving average of $27.75 and a 200-day moving average of $42.17. The stock has a market capitalization of $503.30 million, a P/E ratio of -1.51 and a beta of 0.87.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced 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). Helen of Troy had a negative net margin of 17.89% and a positive return on equity of 8.96%. The firm had revenue of $371.66 million for the quarter, compared to analyst estimates of $400.69 million. During the same period last year, the firm posted $0.99 EPS. The business's revenue was down 10.8% compared to the same quarter last year. On average, equities analysts expect that Helen of Troy Limited will post 6.46 EPS 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.