Allspring Global Investments Holdings LLC Sells 18,020 Shares of Helen of Troy Limited (NASDAQ:HELE)

Allspring Global Investments Holdings LLC lessened its position in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 1.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 906,892 shares of the company's stock after selling 18,020 shares during the period. Allspring Global Investments Holdings LLC owned approximately 3.82% of Helen of Troy worth $109,562,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of HELE. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in Helen of Troy in the second quarter valued at about $65,000. Belpointe Asset Management LLC lifted its position in shares of Helen of Troy by 1,573.3% during the 1st quarter. Belpointe Asset Management LLC now owns 502 shares of the company's stock worth $48,000 after purchasing an additional 472 shares during the last quarter. State of Wyoming raised its holdings in Helen of Troy by 28.1% in the 2nd quarter. State of Wyoming now owns 698 shares of the company's stock valued at $75,000 after acquiring an additional 153 shares in the last quarter. Strs Ohio acquired a new position in Helen of Troy in the 3rd quarter valued at approximately $93,000. Finally, Captrust Financial Advisors raised its holdings in Helen of Troy by 47.9% in the 1st quarter. Captrust Financial Advisors now owns 874 shares of the company's stock valued at $171,000 after acquiring an additional 283 shares in the last quarter.

Analysts Set New Price Targets

Several research firms have commented on HELE. DA Davidson reaffirmed a "buy" rating and issued a $151.00 price target on shares of Helen of Troy in a report on Thursday, March 7th. UBS Group increased their target price on Helen of Troy from $119.00 to $129.00 and gave the stock a "neutral" rating in a report on Tuesday, January 9th. Finally, StockNews.com raised Helen of Troy from a "hold" rating to a "buy" rating in a report on Tuesday, January 9th.

Helen of Troy Price Performance

NASDAQ HELE traded up $3.21 during trading hours on Tuesday, reaching $108.71. 259,664 shares of the company's stock were exchanged, compared to its average volume of 204,411. The stock has a market cap of $2.58 billion, a PE ratio of 16.06, a price-to-earnings-growth ratio of 1.57 and a beta of 0.80. Helen of Troy Limited has a one year low of $81.14 and a one year high of $143.68. The firm has a fifty day moving average of $117.79 and a 200-day moving average of $113.56. The company has a current ratio of 1.76, a quick ratio of 0.98 and a debt-to-equity ratio of 0.46.

Helen of Troy (NASDAQ:HELE - Get Free Report) last released its quarterly earnings results on Monday, January 8th. The company reported $2.79 EPS for the quarter, topping analysts' consensus estimates of $2.46 by $0.33. The business had revenue of $549.60 million for the quarter, compared to analyst estimates of $541.11 million. Helen of Troy had a return on equity of 12.14% and a net margin of 8.10%. Helen of Troy's revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.44 EPS. On average, equities research analysts predict that Helen of Troy Limited will post 7.57 earnings per share for the current fiscal year.

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 preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.