First Trust Advisors LP Buys 36,795 Shares of Helen of Troy Limited (NASDAQ:HELE)

First Trust Advisors LP boosted its position in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 111.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,856 shares of the company's stock after purchasing an additional 36,795 shares during the quarter. First Trust Advisors LP owned about 0.31% of Helen of Troy worth $4,179,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in shares of Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company's stock valued at $29,000 after acquiring an additional 237 shares during the period. Canada Pension Plan Investment Board raised its stake in Helen of Troy by 66.7% in 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 boosted its holdings in Helen of Troy by 844.7% in 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 during the period. FNY Investment Advisers LLC acquired a new position in shares of Helen of Troy during the 4th quarter worth approximately $44,000. Finally, KBC Group NV increased its holdings in shares of Helen of Troy by 73.1% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock worth $81,000 after purchasing an additional 571 shares during the period.

Helen of Troy Trading Up 2.9 %

Shares of HELE stock traded up $0.70 during mid-day trading on Thursday, hitting $25.18. The company's stock had a trading volume of 164,650 shares, compared to its average volume of 544,010. Helen of Troy Limited has a 52 week low of $24.15 and a 52 week high of $110.76. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92. The company's fifty day simple moving average is $42.37 and its 200-day simple moving average is $56.34. The company has a market cap of $577.70 million, a PE ratio of 5.08, a P/E/G ratio of 1.80 and a beta of 0.91.

Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its quarterly earnings results 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). Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The company had revenue of $485.89 million during the quarter, compared to the consensus estimate of $481.55 million. During the same period last year, the firm posted $2.45 earnings per share. The company's revenue for the quarter was down .7% on a year-over-year basis. As a group, equities research analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on HELE shares. StockNews.com cut Helen of Troy from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. UBS Group reduced their price objective on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Finally, Canaccord Genuity Group cut 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 report on Tuesday, April 22nd.

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.