Helen of Troy Limited (NASDAQ:HELE) Shares Bought by Northern Trust Corp

Northern Trust Corp raised its position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 14.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 258,835 shares of the company's stock after acquiring an additional 32,971 shares during the quarter. Northern Trust Corp owned approximately 1.13% of Helen of Troy worth $15,486,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Earnest Partners LLC raised its holdings in shares of Helen of Troy by 18.6% during the fourth quarter. Earnest Partners LLC now owns 757,339 shares of the company's stock valued at $45,312,000 after acquiring an additional 118,982 shares during the last quarter. Pzena Investment Management LLC boosted its position in shares of Helen of Troy by 21.4% during the fourth quarter. Pzena Investment Management LLC now owns 705,711 shares of the company's stock worth $42,223,000 after buying an additional 124,269 shares during the period. Cooper Creek Partners Management LLC purchased a new position in shares of Helen of Troy during the fourth quarter worth $41,248,000. Arrowstreet Capital Limited Partnership boosted its holdings in Helen of Troy by 446.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock valued at $38,695,000 after purchasing an additional 528,305 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Helen of Troy by 17.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company's stock valued at $28,847,000 after purchasing an additional 72,076 shares during the period.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on HELE shares. StockNews.com cut Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. UBS Group cut their target price on Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. Finally, Canaccord Genuity Group cut their target price on Helen of Troy from $92.00 to $70.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd.

Helen of Troy Trading Up 1.9%

HELE traded up $0.58 during trading on Tuesday, hitting $31.26. The company's stock had a trading volume of 14,580 shares, compared to its average volume of 559,011. The stock has a market cap of $717.20 million, a PE ratio of 6.30, a PEG ratio of 1.80 and a beta of 0.91. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. The firm's 50 day moving average price is $38.45 and its 200-day moving average price is $54.27. Helen of Troy Limited has a twelve month low of $24.15 and a twelve month high of $108.89.

Helen of Troy (NASDAQ:HELE - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $2.33 earnings per share for the quarter, missing analysts' consensus estimates of $2.35 by ($0.02). Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The business had revenue of $485.89 million for the quarter, compared to analysts' expectations of $481.55 million. During the same period last year, the company posted $2.45 earnings per share. The firm's revenue for the quarter was down .7% on a year-over-year basis. On average, analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current 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 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.