Voloridge Investment Management LLC lowered its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 67.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 110,551 shares of the company's stock after selling 227,575 shares during the quarter. Voloridge Investment Management LLC owned 0.48% of Helen of Troy worth $6,614,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Canada Pension Plan Investment Board grew its holdings in shares of 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 during the period. Swiss National Bank increased its position in Helen of Troy by 0.9% in the fourth quarter. Swiss National Bank now owns 45,000 shares of the company's stock worth $2,692,000 after buying an additional 400 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Helen of Troy by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,970 shares of the company's stock worth $776,000 after buying an additional 477 shares during the period. Amundi grew its stake in shares of 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 purchasing an additional 479 shares in the last quarter. Finally, Anchor Capital Advisors LLC grew its stake in shares of Helen of Troy by 4.8% in the fourth quarter. Anchor Capital Advisors LLC now owns 11,209 shares of the company's stock worth $671,000 after purchasing an additional 511 shares in the last quarter.
Analysts Set New Price Targets
Several analysts have issued reports on the company. UBS Group cut their price objective on Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Canaccord Genuity Group dropped their target price on shares of Helen of Troy from $92.00 to $70.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Finally, Wall Street Zen lowered Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd.
Read Our Latest Stock Report on Helen of Troy
Helen of Troy Price Performance
HELE stock traded up $0.25 during trading on Friday, hitting $27.03. The company had a trading volume of 146,306 shares, compared to its average volume of 572,471. The company has a fifty day moving average price of $34.43 and a two-hundred day moving average price of $52.36. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The company has a market cap of $620.03 million, a P/E ratio of 5.44, a P/E/G ratio of 1.80 and a beta of 0.91. Helen of Troy Limited has a fifty-two week low of $24.15 and a fifty-two week high of $108.64.
Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $2.33 EPS for the quarter, missing analysts' consensus estimates of $2.35 by ($0.02). The business had revenue of $485.89 million during the quarter, compared to analyst estimates of $481.55 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. Helen of Troy's revenue for the quarter was down .7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.45 EPS. Equities research analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.
About Helen of Troy
(
Free Report)
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.
Read More
Before you consider Helen of Troy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Helen of Troy wasn't on the list.
While Helen of Troy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
