Janus Henderson Group PLC increased its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 49.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 302,709 shares of the company's stock after purchasing an additional 100,767 shares during the period. Janus Henderson Group PLC owned 1.32% of Helen of Troy worth $18,111,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Gotham Asset Management LLC boosted its stake in Helen of Troy by 254.3% in the 4th quarter. Gotham Asset Management LLC now owns 16,858 shares of the company's stock worth $1,009,000 after buying an additional 12,100 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Helen of Troy by 76.6% during the 4th quarter. Deutsche Bank AG now owns 56,132 shares of the company's stock worth $3,358,000 after acquiring an additional 24,339 shares during the period. Centiva Capital LP purchased a new position in shares of Helen of Troy during the 4th quarter worth about $444,000. Bayesian Capital Management LP boosted its position in shares of Helen of Troy by 33.0% in the fourth quarter. Bayesian Capital Management LP now owns 20,131 shares of the company's stock worth $1,204,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Helen of Troy by 80.5% in the fourth quarter. Bank of America Corp DE now owns 364,180 shares of the company's stock valued at $21,789,000 after purchasing an additional 162,460 shares during the period.
Analyst Ratings Changes
A number of equities analysts have weighed in on HELE shares. Canaccord Genuity Group decreased their price target on shares of Helen of Troy from $92.00 to $70.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. UBS Group reduced their target price 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. Finally, StockNews.com lowered Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd.
View Our Latest Stock Report on Helen of Troy
Helen of Troy Trading Down 9.7%
HELE traded down $3.03 during trading on Wednesday, hitting $28.23. 186,315 shares of the company's stock were exchanged, compared to its average volume of 560,432. Helen of Troy Limited has a 1 year low of $24.15 and a 1 year high of $108.64. The stock has a 50 day moving average price of $38.06 and a 200 day moving average price of $54.11. The firm has a market cap of $647.70 million, a P/E ratio of 5.69, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.
Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $2.33 EPS 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 net margin of 6.05% and a return on equity of 9.13%. The business's quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.45 earnings per share. As a group, analysts expect that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.
Helen of Troy Company Profile
(
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.
See Also
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
