Tower Research Capital LLC TRC Acquires 358 Shares of Helen of Troy Limited (NASDAQ:HELE)

Tower Research Capital LLC TRC raised its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 38.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,294 shares of the company’s stock after purchasing an additional 358 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Helen of Troy were worth $123,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. BlackRock Inc. grew its stake in Helen of Troy by 0.6% in the first quarter. BlackRock Inc. now owns 2,591,291 shares of the company’s stock worth $507,478,000 after purchasing an additional 14,931 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Helen of Troy by 1.3% during the third quarter. Vanguard Group Inc. now owns 2,326,517 shares of the company’s stock valued at $224,369,000 after buying an additional 29,767 shares during the period. Cooke & Bieler LP raised its holdings in shares of Helen of Troy by 4.9% in the first quarter. Cooke & Bieler LP now owns 1,901,040 shares of the company’s stock valued at $180,922,000 after acquiring an additional 88,945 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Helen of Troy by 2.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,229,326 shares of the company’s stock worth $116,995,000 after acquiring an additional 29,618 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Helen of Troy by 7.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,169,773 shares of the company’s stock worth $129,739,000 after acquiring an additional 85,805 shares in the last quarter.

Helen of Troy Stock Down 2.1 %

Shares of Helen of Troy stock opened at $122.92 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.94 and a debt-to-equity ratio of 0.55. The company has a market cap of $2.96 billion, a P/E ratio of 20.94, a PEG ratio of 1.96 and a beta of 0.67. The firm’s 50 day moving average price is $124.43 and its 200-day moving average price is $107.36. Helen of Troy Limited has a 52-week low of $81.14 and a 52-week high of $143.68.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Monday, July 10th. The company reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period in the previous year, the company earned $1.77 earnings per share. The business’s revenue for the quarter was down 6.6% on a year-over-year basis. On average, sell-side analysts predict that Helen of Troy Limited will post 7.78 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. StockNews.com assumed coverage on shares of Helen of Troy in a report on Thursday, August 17th. They issued a “hold” rating for the company. DA Davidson upped their target price on Helen of Troy from $138.00 to $159.00 in a report on Wednesday, July 12th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Helen of Troy presently has an average rating of “Moderate Buy” and an average price target of $129.33.

Helen of Troy 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.