LPL Financial LLC Cuts Position in Helen of Troy Limited (NASDAQ:HELE)

LPL Financial LLC trimmed its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,225 shares of the company’s stock after selling 1,605 shares during the period. LPL Financial LLC owned approximately 0.20% of Helen of Troy worth $2,766,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. GAMMA Investing LLC lifted its stake in Helen of Troy by 96.0% during the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock worth $29,000 after acquiring an additional 237 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in Helen of Troy during the fourth quarter worth about $44,000. Public Employees Retirement System of Ohio lifted its position in shares of Helen of Troy by 30.3% during the third quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after purchasing an additional 182 shares in the last quarter. KBC Group NV boosted its stake in shares of Helen of Troy by 73.1% in the fourth quarter. KBC Group NV now owns 1,352 shares of the company’s stock valued at $81,000 after purchasing an additional 571 shares during the period. Finally, Amundi grew its holdings in shares of Helen of Troy by 40.9% in the fourth quarter. Amundi now owns 1,651 shares of the company’s stock valued at $97,000 after purchasing an additional 479 shares in the last quarter.

Helen of Troy Trading Down 2.6 %

NASDAQ HELE opened at $34.28 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $783.50 million, a PE ratio of 6.91, a price-to-earnings-growth ratio of 1.80 and a beta of 0.89. The firm has a 50 day moving average of $52.14 and a two-hundred day moving average of $60.69. Helen of Troy Limited has a 52 week low of $33.16 and a 52 week high of $110.76.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.60 by $0.07. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The business had revenue of $530.70 million during the quarter, compared to analysts’ expectations of $532.91 million. During the same period last year, the company posted $2.79 EPS. The company’s revenue was down 3.4% on a year-over-year basis. As a group, research analysts expect that Helen of Troy Limited will post 6.46 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on HELE shares. UBS Group decreased their price target on shares of Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th.

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 storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.