Helen of Troy Limited (NASDAQ:HELE) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP lowered its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 94.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,208 shares of the company's stock after selling 133,826 shares during the period. Two Sigma Investments LP's holdings in Helen of Troy were worth $431,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in HELE. Canada Pension Plan Investment Board lifted its stake in Helen of Troy by 66.7% in the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock worth $30,000 after acquiring an additional 200 shares during the last quarter. Sterling Capital Management LLC lifted its stake in Helen of Troy by 844.7% in the fourth quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock worth $43,000 after acquiring an additional 642 shares during the last quarter. Quarry LP lifted its stake in Helen of Troy by 917.5% in the fourth quarter. Quarry LP now owns 814 shares of the company's stock worth $49,000 after acquiring an additional 734 shares during the last quarter. KBC Group NV lifted its stake in Helen of Troy by 73.1% in the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock worth $81,000 after acquiring an additional 571 shares during the last quarter. Finally, Amundi lifted its stake in Helen of Troy by 40.9% in the fourth quarter. Amundi now owns 1,651 shares of the company's stock worth $97,000 after acquiring an additional 479 shares during the last quarter.

Analyst Upgrades and Downgrades

HELE has been the subject of a number of recent research reports. Canaccord Genuity Group decreased their price target on shares of Helen of Troy from $92.00 to $70.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Wall Street Zen downgraded shares of Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Finally, UBS Group reduced their price objective on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th.

Helen of Troy Stock Down 3.3%

Shares of NASDAQ:HELE traded down $0.93 during trading on Friday, hitting $27.06. 629,932 shares of the company were exchanged, compared to its average volume of 592,273. The stock has a market capitalization of $620.84 million, a P/E ratio of 5.46, a PEG ratio of 1.80 and a beta of 0.86. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. Helen of Troy Limited has a 12-month low of $24.15 and a 12-month high of $101.18. The firm's 50 day moving average price is $29.98 and its 200-day moving average price is $49.66.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $2.33 earnings per share for the quarter, missing the consensus estimate of $2.35 by ($0.02). The company had revenue of $485.89 million for the quarter, compared to analysts' expectations of $481.55 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The firm's quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.45 EPS. On average, research analysts predict that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal 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.