Peregrine Capital Management LLC Sells 16,561 Shares of Helen of Troy Limited (NASDAQ:HELE)

Peregrine Capital Management LLC trimmed its holdings in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 24.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 50,088 shares of the company's stock after selling 16,561 shares during the quarter. Peregrine Capital Management LLC owned 0.21% of Helen of Troy worth $6,051,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in Helen of Troy during the 2nd quarter worth approximately $65,000. Belpointe Asset Management LLC boosted its position in 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 acquiring an additional 472 shares during the last quarter. State of Wyoming boosted its position in Helen of Troy by 28.1% during the 2nd quarter. State of Wyoming now owns 698 shares of the company's stock worth $75,000 after acquiring an additional 153 shares during the last quarter. Strs Ohio acquired a new position in Helen of Troy during the 3rd quarter worth approximately $93,000. Finally, Captrust Financial Advisors boosted its position in Helen of Troy by 47.9% during the 1st quarter. Captrust Financial Advisors now owns 874 shares of the company's stock worth $171,000 after acquiring an additional 283 shares during the last quarter.

Wall Street Analyst Weigh In

HELE has been the subject of a number of recent research reports. StockNews.com raised Helen of Troy from a "hold" rating to a "buy" rating in a research report on Tuesday, January 9th. DA Davidson reaffirmed a "buy" rating and set a $151.00 price target on shares of Helen of Troy in a research report on Thursday, March 7th. Finally, UBS Group upped their price target on Helen of Troy from $119.00 to $129.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 9th.

Helen of Troy Stock Down 2.2 %

Shares of NASDAQ HELE traded down $2.27 during trading hours on Thursday, hitting $102.25. The company had a trading volume of 289,322 shares, compared to its average volume of 206,865. The stock has a market capitalization of $2.43 billion, a P/E ratio of 15.10, a price-to-earnings-growth ratio of 1.57 and a beta of 0.80. The company has a quick ratio of 0.98, a current ratio of 1.76 and a debt-to-equity ratio of 0.46. Helen of Troy Limited has a 1-year low of $81.14 and a 1-year high of $143.68. The firm's 50 day moving average is $117.33 and its 200-day moving average is $113.41.

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

About Helen of Troy

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.