Wealthsource Partners LLC bought a new stake in Helen of Troy Limited (NASDAQ:HELE) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,600 shares of the company’s stock, valued at approximately $252,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NumerixS Investment Technologies Inc acquired a new position in shares of Helen of Troy in the 2nd quarter valued at $26,000. Cerebellum GP LLC acquired a new position in shares of Helen of Troy in the 2nd quarter valued at $31,000. Flagship Harbor Advisors LLC increased its position in shares of Helen of Troy by 55.0% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 372 shares of the company’s stock valued at $58,000 after acquiring an additional 132 shares during the period. Eaton Vance Management acquired a new position in shares of Helen of Troy in the 2nd quarter valued at $200,000. Finally, Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of Helen of Troy in the 2nd quarter valued at $219,000. 93.67% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ:HELE opened at $166.31 on Monday. The firm’s fifty day moving average is $157.67 and its two-hundred day moving average is $149.20. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.07 and a current ratio of 2.24. Helen of Troy Limited has a one year low of $108.31 and a one year high of $169.25. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 2.81 and a beta of 0.54.
Helen of Troy (NASDAQ:HELE) last posted its earnings results on Tuesday, October 8th. The company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.28. Helen of Troy had a net margin of 10.80% and a return on equity of 18.80%. The business had revenue of $414.00 million for the quarter, compared to analyst estimates of $390.55 million. During the same period in the prior year, the company posted $1.98 EPS. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. As a group, equities research analysts predict that Helen of Troy Limited will post 7.8 earnings per share for the current fiscal year.
Several research firms have commented on HELE. ValuEngine lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Bank of America upped their price target on shares of Helen of Troy from $170.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. DA Davidson upped their price target on shares of Helen of Troy from $172.00 to $184.00 and gave the company a “buy” rating in a report on Monday, October 7th. They noted that the move was a valuation call. Finally, BidaskClub raised shares of Helen of Troy from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $179.50.
Helen of Troy Profile
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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