Point72 Hong Kong Ltd Purchases Shares of 50,105 Helen of Troy Limited (NASDAQ:HELE)

Point72 Hong Kong Ltd acquired a new position in Helen of Troy Limited (NASDAQ:HELE - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 50,105 shares of the company's stock, valued at approximately $2,998,000. Point72 Hong Kong Ltd owned approximately 0.22% of Helen of Troy as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Canada Pension Plan Investment Board raised its position in shares of Helen of Troy by 66.7% in the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock valued at $30,000 after buying an additional 200 shares in the last quarter. Sterling Capital Management LLC raised its position in shares of Helen of Troy by 844.7% in the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock valued at $43,000 after buying an additional 642 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Helen of Troy in the 4th quarter valued at approximately $44,000. Quarry LP raised its position in shares of Helen of Troy by 917.5% in the 4th quarter. Quarry LP now owns 814 shares of the company's stock valued at $49,000 after buying an additional 734 shares in the last quarter. Finally, KBC Group NV raised its position in shares of Helen of Troy by 73.1% in the 4th quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $81,000 after buying an additional 571 shares in the last quarter.

Analyst Upgrades and Downgrades

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

Helen of Troy Price Performance

NASDAQ:HELE traded down $3.27 on Wednesday, hitting $27.99. The company had a trading volume of 311,801 shares, compared to its average volume of 560,879. The stock has a market capitalization of $642.20 million, a price-to-earnings ratio of 5.64, a PEG 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. The firm has a 50 day moving average of $38.06 and a two-hundred day moving average of $54.11. Helen of Troy Limited has a 52 week low of $24.15 and a 52 week high of $108.64.

Helen of Troy (NASDAQ:HELE - Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $481.55 million. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. Helen of Troy's revenue for the quarter was down .7% on a year-over-year basis. During the same period in the previous year, the company earned $2.45 EPS. On average, research analysts anticipate 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.