Retirement Systems of Alabama Has $3.59 Million Stock Holdings in Helen of Troy Limited (NASDAQ:HELE)

Retirement Systems of Alabama decreased its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 1.2% during the 4th quarter, Holdings Channel reports. The firm owned 29,737 shares of the company’s stock after selling 354 shares during the period. Retirement Systems of Alabama’s holdings in Helen of Troy were worth $3,593,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Strs Ohio acquired a new position in Helen of Troy during the third quarter worth $93,000. Advisor Partners II LLC bought a new stake in shares of Helen of Troy in the 3rd quarter valued at about $202,000. AlphaMark Advisors LLC acquired a new stake in Helen of Troy in the 3rd quarter valued at about $219,000. SG Americas Securities LLC grew its holdings in 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. acquired a new position in Helen of Troy during the third quarter worth approximately $255,000.

Helen of Troy Price Performance

HELE stock opened at $98.05 on Wednesday. The company’s 50-day moving average price is $108.52 and its two-hundred day moving average price is $111.58. The firm has a market cap of $2.33 billion, a P/E ratio of 13.89, a P/E/G ratio of 1.48 and a beta of 0.82. The company has a quick ratio of 0.99, a current ratio of 1.87 and a debt-to-equity ratio of 0.40. Helen of Troy Limited has a 12 month low of $87.50 and a 12 month high of $143.68.

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

Analyst Ratings Changes

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

About Helen of Troy

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.