First Eagle Investment Management LLC Raises Holdings in Helen of Troy Limited (NASDAQ:HELE)

First Eagle Investment Management LLC lifted its holdings in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 56.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 79,539 shares of the company's stock after buying an additional 28,739 shares during the quarter. First Eagle Investment Management LLC owned approximately 0.33% of Helen of Troy worth $9,609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strs Ohio bought a new stake in Helen of Troy in the third quarter worth $93,000. Advisor Partners II LLC purchased a new stake in Helen of Troy during the 3rd quarter valued at about $202,000. AlphaMark Advisors LLC bought a new stake in Helen of Troy during the 3rd quarter valued at about $219,000. Vanguard Personalized Indexing Management LLC purchased a new position in Helen of Troy in the fourth quarter worth about $252,000. Finally, NBC Securities Inc. bought a new position in shares of Helen of Troy in the third quarter worth approximately $255,000.

Helen of Troy Stock Performance

Helen of Troy stock traded up $0.80 during midday trading on Friday, reaching $108.88. 258,588 shares of the company traded hands, compared to its average volume of 502,329. Helen of Troy Limited has a 12 month low of $87.50 and a 12 month high of $143.68. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.87 and a quick ratio of 0.99. The business has a 50 day moving average of $105.66 and a two-hundred day moving average of $111.86. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.66 and a beta of 0.82.

Helen of Troy (NASDAQ:HELE - Get Free Report) last released its quarterly earnings results on Wednesday, April 24th. The company reported $2.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.00 by $0.11. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The firm had revenue of $489.20 million for the quarter, compared to the consensus estimate of $477.88 million. As a group, research analysts predict that Helen of Troy Limited will post 8.12 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HELE shares. UBS Group decreased their price objective on shares of Helen of Troy from $121.00 to $100.00 and set a "neutral" rating for the company in a report on Thursday, April 25th. DA Davidson decreased their price target on Helen of Troy from $151.00 to $139.00 and set a "buy" rating for the company in a research note on Thursday, April 25th.

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.