Strs Ohio Sells 1,400 Shares of Helen of Troy Limited (NASDAQ:HELE)

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

Several other institutional investors have also made changes to their positions in the stock. Cooke & Bieler LP lifted its stake in Helen of Troy by 6.9% during the second quarter. Cooke & Bieler LP now owns 1,564,653 shares of the company’s stock worth $254,115,000 after purchasing an additional 101,480 shares during the last quarter. Capital World Investors lifted its stake in Helen of Troy by 12.8% during the first quarter. Capital World Investors now owns 881,000 shares of the company’s stock worth $172,535,000 after purchasing an additional 100,000 shares during the last quarter. Landscape Capital Management L.L.C. bought a new stake in Helen of Troy during the second quarter worth $6,323,000. Kennedy Capital Management Inc. lifted its stake in Helen of Troy by 43.5% during the second quarter. Kennedy Capital Management Inc. now owns 99,227 shares of the company’s stock worth $16,115,000 after purchasing an additional 30,092 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its stake in shares of Helen of Troy by 1,261.7% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 30,052 shares of the company’s stock valued at $4,881,000 after acquiring an additional 27,845 shares during the last quarter. 98.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Helen of Troy Stock Up 3.1 %

Helen of Troy stock opened at $106.91 on Monday. Helen of Troy Limited has a 1-year low of $82.94 and a 1-year high of $221.71. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 17.56, a P/E/G ratio of 1.75 and a beta of 0.64. The company has a current ratio of 2.15, a quick ratio of 1.12 and a debt-to-equity ratio of 0.73. The firm has a 50 day simple moving average of $102.84 and a 200 day simple moving average of $111.53.

Helen of Troy (NASDAQ:HELE – Get Rating) last released 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. Helen of Troy had a net margin of 6.77% and a return on equity of 14.75%. The business had revenue of $558.61 million during the quarter, compared to analyst estimates of $522.28 million. On average, analysts predict that Helen of Troy Limited will post 7.66 earnings per share for the current 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.