Principal Financial Group Inc. Sells 266 Shares of Helen of Troy Limited (NASDAQ:HELE)

Principal Financial Group Inc. cut its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 0.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 99,457 shares of the company’s stock after selling 266 shares during the period. Principal Financial Group Inc. owned approximately 0.41% of Helen of Troy worth $9,465,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in HELE. PNC Financial Services Group Inc. boosted its stake 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 worth $707,000 after buying an additional 325 shares during the last quarter. Bank of Montreal Can grew its stake in Helen of Troy by 2.7% in the first quarter. Bank of Montreal Can now owns 1,886 shares of the company’s stock valued at $386,000 after purchasing an additional 50 shares in the last quarter. Rhumbline Advisers increased its position 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 worth $14,282,000 after purchasing an additional 581 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake 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 worth $1,732,000 after purchasing an additional 846 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of Helen of Troy by 0.6% in 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 last quarter.

Helen of Troy Price Performance

NASDAQ:HELE opened at $125.66 on Wednesday. The company has a market cap of $3.03 billion, a P/E ratio of 21.41, a P/E/G ratio of 1.94 and a beta of 0.67. The firm’s fifty day moving average price is $123.86 and its two-hundred day moving average price is $107.23. Helen of Troy Limited has a one year low of $81.14 and a one year high of $143.68. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.94 and a quick ratio of 0.96.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Monday, July 10th. The company reported $1.94 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.26. Helen of Troy had a net margin of 6.93% and a return on equity of 13.51%. The business had revenue of $474.70 million for the quarter, compared to analyst estimates of $465.36 million. During the same quarter in the prior year, the business earned $1.77 EPS. Helen of Troy’s quarterly revenue was down 6.6% on a year-over-year basis. Equities analysts expect that Helen of Troy Limited will post 7.78 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HELE. DA Davidson upped their price target on shares of Helen of Troy from $138.00 to $159.00 in a research report on Wednesday, July 12th. StockNews.com began coverage on shares of Helen of Troy in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.33.

Helen of Troy Company Profile

Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the Home and Outdoor, and Beauty and Wellness segments. The Home and Outdoor segment offers food preparation tools, containers, electronics, baby care, and cleaning products. The Beauty and Wellness segment develops and provides products including mass and prestige market beauty appliances, prestige market liquid-based hair and personal care products, and wellness devices including thermometers, water and air filtration systems, humidifiers, and fans.