Strs Ohio Cuts Holdings in Helen of Troy Limited (NASDAQ:HELE)

Strs Ohio trimmed its position in shares of Helen of Troy Limited (NASDAQ:HELEGet Rating) by 70.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 600 shares of the company’s stock after selling 1,400 shares during the quarter. Strs Ohio’s holdings in Helen of Troy were worth $57,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of HELE. PNC Financial Services Group Inc. lifted its holdings in shares of Helen of Troy by 9.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,615 shares of the company’s stock valued at $707,000 after buying an additional 325 shares during the period. Bank of Montreal Can lifted its holdings in shares of Helen of Troy by 2.7% during the 1st quarter. Bank of Montreal Can now owns 1,886 shares of the company’s stock valued at $386,000 after buying an additional 50 shares during the period. Rhumbline Advisers lifted its holdings in shares of Helen of Troy by 0.8% during the 1st quarter. Rhumbline Advisers now owns 72,926 shares of the company’s stock valued at $14,282,000 after buying an additional 581 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Helen of Troy by 10.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 8,846 shares of the company’s stock valued at $1,732,000 after buying an additional 846 shares during the period. Finally, BlackRock Inc. lifted its holdings in shares of Helen of Troy by 0.6% during the 1st quarter. BlackRock Inc. now owns 2,591,291 shares of the company’s stock valued at $507,478,000 after buying an additional 14,931 shares during the period. 98.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HELE. Canaccord Genuity Group initiated coverage on Helen of Troy in a report on Wednesday, November 16th. They set a “buy” rating and a $120.00 price target on the stock. Canaccord Genuity Group raised their target price on Helen of Troy from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, January 3rd. DA Davidson raised their target price on Helen of Troy from $126.00 to $138.00 and gave the stock a “buy” rating in a report on Friday, January 6th. Bank of America raised Helen of Troy from a “neutral” rating to a “buy” rating in a report on Thursday, December 22nd. Finally, StockNews.com initiated coverage on Helen of Troy in a report on Wednesday, October 12th. They issued a “sell” rating on the stock. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Helen of Troy currently has a consensus rating of “Moderate Buy” and an average target price of $171.40.

Helen of Troy Trading Up 3.1 %

Shares of Helen of Troy stock opened at $106.91 on Monday. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 1.75 and a beta of 0.64. The business has a 50-day moving average price of $102.84 and a 200-day moving average price of $111.53. The company has a quick ratio of 1.12, a current ratio of 2.15 and a debt-to-equity ratio of 0.73. Helen of Troy Limited has a twelve month low of $82.94 and a twelve month high of $221.71.

Helen of Troy (NASDAQ:HELEGet Rating) last issued its quarterly earnings data on Thursday, January 5th. The company reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.15. The firm had revenue of $558.61 million during the quarter, compared to analyst estimates of $522.28 million. Helen of Troy had a return on equity of 14.75% and a net margin of 6.77%. Equities research analysts anticipate that Helen of Troy Limited will post 7.66 EPS for the current fiscal year.

About Helen of Troy

(Get Rating)

Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the following segments: Home and Outdoor, Health and Wellness, and Beauty. The Home and Outdoor segment offers food preparation tools, containers, electronics, baby care, and cleaning products.

See Also

Want to see what other hedge funds are holding HELE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helen of Troy Limited (NASDAQ:HELEGet Rating).

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

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