Robeco Institutional Asset Management B.V. Buys New Stake in Helen of Troy Limited $HELE

Robeco Institutional Asset Management B.V. bought a new stake in Helen of Troy Limited (NASDAQ:HELE - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,967 shares of the company's stock, valued at approximately $482,000. Robeco Institutional Asset Management B.V. owned about 0.07% of Helen of Troy at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Signaturefd LLC increased its holdings in Helen of Troy by 71.1% in the second quarter. Signaturefd LLC now owns 1,429 shares of the company's stock valued at $41,000 after buying an additional 594 shares during the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Helen of Troy by 8.0% during the second quarter. State of Alaska Department of Revenue now owns 13,672 shares of the company's stock worth $387,000 after purchasing an additional 1,007 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new position in shares of Helen of Troy during the second quarter worth about $362,000. GAMMA Investing LLC grew its holdings in shares of Helen of Troy by 774.7% during the second quarter. GAMMA Investing LLC now owns 6,114 shares of the company's stock worth $174,000 after purchasing an additional 5,415 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Helen of Troy during the second quarter worth about $314,000.

Insider Buying and Selling

In related news, CEO Brian Grass purchased 10,000 shares of Helen of Troy stock in a transaction dated Tuesday, July 15th. The stock was bought at an average cost of $21.47 per share, for a total transaction of $214,700.00. Following the transaction, the chief executive officer owned 135,932 shares in the company, valued at approximately $2,918,460.04. The trade was a 7.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Tracy Scheuerman purchased 10,000 shares of Helen of Troy stock in a transaction dated Tuesday, July 15th. The shares were bought at an average price of $20.13 per share, with a total value of $201,300.00. Following the completion of the transaction, the chief financial officer owned 33,041 shares in the company, valued at approximately $665,115.33. This trade represents a 43.40% increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 20,435 shares of company stock valued at $425,948. Insiders own 0.45% of the company's stock.

Helen of Troy Price Performance

Shares of NASDAQ:HELE opened at $27.61 on Thursday. The company has a quick ratio of 0.74, a current ratio of 1.70 and a debt-to-equity ratio of 0.69. The company has a market cap of $633.37 million, a P/E ratio of -1.90 and a beta of 0.84. Helen of Troy Limited has a 52 week low of $20.02 and a 52 week high of $77.95. The company has a 50-day moving average price of $24.05 and a 200 day moving average price of $28.61.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings data on Thursday, July 10th. The company reported $0.41 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 analyst estimates of $400.69 million. Helen of Troy had a negative net margin of 17.89% and a positive return on equity of 8.96%. Helen of Troy's revenue for the quarter was down 10.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.99 EPS. Research analysts predict that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Canaccord Genuity Group reaffirmed a "hold" rating and set a $26.00 price objective (down previously from $47.00) on shares of Helen of Troy in a report on Friday, July 11th. UBS Group dropped their price objective on Helen of Troy from $29.00 to $27.00 and set a "neutral" rating on the stock in a report on Thursday, October 2nd. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Helen of Troy in a report on Saturday, September 27th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Helen of Troy has an average rating of "Reduce" and an average price target of $43.67.

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.

Want to see what other hedge funds are holding HELE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helen of Troy Limited (NASDAQ:HELE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.