Federated Hermes Inc. Has $367,000 Holdings in Helen of Troy Limited (NASDAQ:HELE)

Federated Hermes Inc. decreased its position in Helen of Troy Limited (NASDAQ:HELE) by 4.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,037 shares of the company’s stock after selling 129 shares during the period. Federated Hermes Inc.’s holdings in Helen of Troy were worth $367,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strs Ohio acquired a new position in Helen of Troy during the third quarter valued at $93,000. Advisor Partners II LLC acquired a new position in shares of Helen of Troy in the 3rd quarter valued at about $202,000. AlphaMark Advisors LLC purchased a new stake in shares of Helen of Troy in the third quarter worth approximately $219,000. SG Americas Securities LLC boosted its holdings in shares of Helen of Troy by 101.5% during the third quarter. SG Americas Securities LLC now owns 2,114 shares of the company’s stock worth $246,000 after purchasing an additional 1,065 shares during the period. Finally, NBC Securities Inc. purchased a new position in Helen of Troy during the third quarter valued at approximately $255,000.

Helen of Troy Stock Up 1.7 %

HELE stock opened at $96.54 on Friday. The firm has a market cap of $2.30 billion, a PE ratio of 13.67, a PEG ratio of 1.45 and a beta of 0.82. Helen of Troy Limited has a 1 year low of $87.50 and a 1 year high of $143.68. The company has a fifty day simple moving average of $109.59 and a 200 day simple moving average of $111.59. The company has a current ratio of 1.87, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $2.11 EPS for the quarter, beating analysts’ consensus estimates of $2.00 by $0.11. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The business had revenue of $489.20 million for the quarter, compared to analyst estimates of $477.88 million. Sell-side analysts anticipate that Helen of Troy Limited will post 8.17 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

HELE has been the subject of a number of research reports. UBS Group decreased their target price on shares of Helen of Troy from $121.00 to $100.00 and set a “neutral” rating for the company in a research note on Thursday, April 25th. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. Finally, DA Davidson dropped their target price on Helen of Troy from $151.00 to $139.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th.

Helen of Troy Company Profile

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