Helen of Troy Limited (NASDAQ:HELE) Shares Sold by Keybank National Association OH

Keybank National Association OH lowered its stake in Helen of Troy Limited (NASDAQ:HELEGet Rating) by 53.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,784 shares of the company’s stock after selling 2,050 shares during the quarter. Keybank National Association OH’s holdings in Helen of Troy were worth $349,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Allspring Global Investments Holdings LLC bought a new stake in Helen of Troy in the fourth quarter worth about $263,020,000. Capital International Investors raised its position in Helen of Troy by 37.8% in the fourth quarter. Capital International Investors now owns 1,416,328 shares of the company’s stock worth $346,250,000 after acquiring an additional 388,569 shares in the last quarter. JPMorgan Chase & Co. raised its position in Helen of Troy by 7.4% in the fourth quarter. JPMorgan Chase & Co. now owns 1,378,747 shares of the company’s stock worth $337,063,000 after acquiring an additional 95,539 shares in the last quarter. Capital World Investors raised its position in Helen of Troy by 8.5% in the fourth quarter. Capital World Investors now owns 781,000 shares of the company’s stock worth $190,931,000 after acquiring an additional 61,000 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Helen of Troy by 25.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 152,414 shares of the company’s stock worth $37,261,000 after acquiring an additional 30,465 shares in the last quarter.

Helen of Troy Stock Up 4.3 %

Shares of Helen of Troy stock opened at $137.41 on Friday. Helen of Troy Limited has a 12-month low of $123.57 and a 12-month high of $256.26. The stock has a market capitalization of $3.29 billion, a P/E ratio of 17.46, a PEG ratio of 1.91 and a beta of 0.76. The stock has a 50 day moving average price of $164.46 and a two-hundred day moving average price of $193.41. The company has a quick ratio of 0.93, a current ratio of 1.95 and a debt-to-equity ratio of 0.80.

Helen of Troy (NASDAQ:HELEGet Rating) last issued its quarterly earnings results on Thursday, July 7th. The company reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.61 by $0.16. Helen of Troy had a return on equity of 18.08% and a net margin of 8.74%. The company had revenue of $508.10 million during the quarter, compared to analyst estimates of $474.17 million. During the same period in the previous year, the company earned $2.95 earnings per share. The company’s quarterly revenue was down 6.1% compared to the same quarter last year. Equities analysts expect that Helen of Troy Limited will post 8.36 earnings per share for the current year.

Insider Activity at Helen of Troy

In related news, Director Gary B. Abromovitz sold 1,038 shares of the company’s stock in a transaction on Thursday, May 5th. The stock was sold at an average price of $209.00, for a total value of $216,942.00. Following the completion of the transaction, the director now directly owns 6,047 shares in the company, valued at $1,263,823. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.88% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. StockNews.com downgraded Helen of Troy from a “hold” rating to a “sell” rating in a report on Saturday, July 16th. TheStreet cut Helen of Troy from a “b-” rating to a “c+” rating in a research note on Thursday, June 16th. DA Davidson lowered their price target on Helen of Troy from $244.00 to $175.00 and set a “neutral” rating for the company in a research note on Friday, July 8th. CL King decreased their target price on Helen of Troy from $282.00 to $206.00 in a research report on Tuesday, June 28th. Finally, Raymond James initiated coverage on Helen of Troy in a research report on Tuesday, July 12th. They set a “market perform” rating for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $214.67.

Helen of Troy Company Profile

(Get Rating)

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 through three segments: Home & Outdoor, Health & Wellness, and Beauty. 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 products, cleaning tools, and nursery accessories; insulated water bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs, luggage, daypacks, and everyday packs.

See Also

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Institutional Ownership by Quarter for Helen of Troy (NASDAQ:HELE)

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