M&T Bank Corp Boosts Holdings in Helen of Troy Limited (NASDAQ:HELE)

M&T Bank Corp grew its position in Helen of Troy Limited (NASDAQ:HELE) by 14.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,378 shares of the company’s stock after acquiring an additional 2,370 shares during the period. M&T Bank Corp’s holdings in Helen of Troy were worth $2,220,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of HELE. Strs Ohio acquired a new position in shares of Helen of Troy during the 3rd quarter worth about $93,000. Advisor Partners II LLC acquired a new position in shares of Helen of Troy during the 3rd quarter worth about $202,000. AlphaMark Advisors LLC acquired a new position in shares of Helen of Troy during the 3rd quarter worth about $219,000. SG Americas Securities LLC raised its position in shares of Helen of Troy by 101.5% during the 3rd 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 last quarter. Finally, NBC Securities Inc. acquired a new position in shares of Helen of Troy during the 3rd quarter worth about $255,000.

Helen of Troy Stock Up 0.7 %

Shares of NASDAQ HELE opened at $98.70 on Thursday. The company has a 50-day moving average of $107.98 and a 200 day moving average of $111.49. Helen of Troy Limited has a 12-month low of $87.50 and a 12-month high of $143.68. The company has a current ratio of 1.87, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40. The stock has a market cap of $2.35 billion, a PE ratio of 13.98, a P/E/G ratio of 1.48 and a beta of 0.82.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.11. Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The business had revenue of $489.20 million during the quarter, compared to analysts’ expectations of $477.88 million. As a group, sell-side analysts predict that Helen of Troy Limited will post 8.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. DA Davidson reduced their price target on shares of 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. UBS Group reduced their price target 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.

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.