Two Sigma Investments LP Sells 133,826 Shares of Helen of Troy Limited (NASDAQ:HELE)

Two Sigma Investments LP reduced its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 94.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 7,208 shares of the company’s stock after selling 133,826 shares during the quarter. Two Sigma Investments LP’s holdings in Helen of Troy were worth $431,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HELE. Canada Pension Plan Investment Board increased its stake in Helen of Troy by 66.7% in the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the period. Swiss National Bank boosted its position in Helen of Troy by 0.9% during the fourth quarter. Swiss National Bank now owns 45,000 shares of the company’s stock valued at $2,692,000 after purchasing an additional 400 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Helen of Troy by 3.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,970 shares of the company’s stock valued at $776,000 after purchasing an additional 477 shares in the last quarter. Amundi boosted its holdings in Helen of Troy by 40.9% in the fourth quarter. Amundi now owns 1,651 shares of the company’s stock worth $97,000 after acquiring an additional 479 shares in the last quarter. Finally, Anchor Capital Advisors LLC boosted its holdings in Helen of Troy by 4.8% in the fourth quarter. Anchor Capital Advisors LLC now owns 11,209 shares of the company’s stock worth $671,000 after acquiring an additional 511 shares in the last quarter.

Helen of Troy Stock Up 3.4%

Helen of Troy stock opened at $28.95 on Tuesday. The stock has a market capitalization of $664.20 million, a price-to-earnings ratio of 5.84, a PEG ratio of 1.80 and a beta of 0.86. The stock has a 50 day moving average of $30.92 and a two-hundred day moving average of $50.25. Helen of Troy Limited has a twelve month low of $24.15 and a twelve month high of $106.45. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Thursday, April 24th. The company reported $2.33 earnings per share for the quarter, missing the consensus estimate of $2.35 by ($0.02). The company had revenue of $485.89 million for the quarter, compared to analysts’ expectations of $481.55 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The business’s quarterly revenue was down .7% on a year-over-year basis. During the same period in the previous year, the business posted $2.45 EPS. As a group, research analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on HELE shares. Wall Street Zen cut Helen of Troy from a “buy” rating to a “hold” rating in a research report on Friday, May 2nd. Canaccord Genuity Group lowered their price target on Helen of Troy from $92.00 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Finally, UBS Group decreased their price target on Helen of Troy from $68.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, April 17th.

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 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.