Helen of Troy Limited (NASDAQ:HELE) Position Raised by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD increased its position in Helen of Troy Limited (NASDAQ:HELE) by 8.1% during the fourth quarter, Holdings Channel reports. The fund owned 21,751 shares of the company’s stock after purchasing an additional 1,621 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in Helen of Troy were worth $1,302,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC increased its position in Helen of Troy by 96.0% in the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after acquiring an additional 237 shares during the period. Canada Pension Plan Investment Board grew its stake in shares of Helen of Troy by 66.7% in the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares in the last quarter. Sterling Capital Management LLC increased its holdings in shares of Helen of Troy by 844.7% during the fourth quarter. Sterling Capital Management LLC now owns 718 shares of the company’s stock valued at $43,000 after purchasing an additional 642 shares during the period. FNY Investment Advisers LLC acquired a new stake in shares of Helen of Troy in the 4th quarter worth approximately $44,000. Finally, KBC Group NV boosted its holdings in shares of Helen of Troy by 73.1% in the fourth quarter. KBC Group NV now owns 1,352 shares of the company’s stock valued at $81,000 after acquiring an additional 571 shares in the last quarter.

Helen of Troy Trading Up 2.0 %

Shares of Helen of Troy stock opened at $27.27 on Friday. The company has a market cap of $625.66 million, a price-to-earnings ratio of 5.50, a PEG ratio of 1.80 and a beta of 0.91. Helen of Troy Limited has a 1 year low of $24.15 and a 1 year high of $110.76. The company’s fifty day simple moving average is $41.31 and its 200-day simple moving average is $55.81. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

Helen of Troy (NASDAQ:HELE) last released its 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 firm had revenue of $485.89 million for the quarter, compared to analyst estimates of $481.55 million. During the same period last year, the business earned $2.45 earnings per share. The firm’s quarterly revenue was down .7% compared to the same quarter last year. As a group, sell-side analysts expect that Helen of Troy Limited will post 6.46 EPS for the current year.

Analyst Upgrades and Downgrades

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

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.