Principal Financial Group Inc. grew its holdings in Helen of Troy Limited (NASDAQ:HELE) by 1.0% during the 1st quarter, Holdings Channel reports. The firm owned 117,041 shares of the company’s stock after purchasing an additional 1,208 shares during the quarter. Principal Financial Group Inc.’s holdings in Helen of Troy were worth $10,182,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Hillcrest Asset Management LLC bought a new position in shares of Helen of Troy in the 4th quarter valued at $8,591,000. Deutsche Bank AG increased its stake in shares of Helen of Troy by 49.3% in the 4th quarter. Deutsche Bank AG now owns 215,906 shares of the company’s stock valued at $20,800,000 after purchasing an additional 71,280 shares during the last quarter. BlackRock Inc. increased its stake in shares of Helen of Troy by 2.7% in the 4th quarter. BlackRock Inc. now owns 2,853,747 shares of the company’s stock valued at $274,957,000 after purchasing an additional 74,994 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Helen of Troy by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 252,885 shares of the company’s stock valued at $24,364,000 after purchasing an additional 12,862 shares during the last quarter. Finally, MetLife Investment Advisors LLC bought a new position in shares of Helen of Troy in the 4th quarter valued at $2,856,000. Institutional investors own 94.08% of the company’s stock.
Several brokerages have recently issued reports on HELE. Zacks Investment Research lowered Helen of Troy from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th. TheStreet raised Helen of Troy from a “c+” rating to a “b-” rating in a report on Thursday, June 14th. BidaskClub raised Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, June 13th. ValuEngine raised Helen of Troy from a “sell” rating to a “hold” rating in a report on Friday, June 8th. Finally, DA Davidson raised their price objective on Helen of Troy to $106.00 and gave the company a “buy” rating in a report on Wednesday, June 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $99.75.
Helen of Troy opened at $98.45 on Monday, according to Marketbeat Ratings. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.02 and a current ratio of 1.87. Helen of Troy Limited has a twelve month low of $81.10 and a twelve month high of $102.88. The firm has a market cap of $2.62 billion, a P/E ratio of 14.59, a PEG ratio of 2.79 and a beta of 0.78.
Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Thursday, April 26th. The company reported $1.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.41 by $0.28. Helen of Troy had a return on equity of 18.12% and a net margin of 2.81%. The company had revenue of $390.84 million for the quarter, compared to the consensus estimate of $351.37 million. During the same quarter last year, the business posted $1.55 EPS. Helen of Troy’s revenue for the quarter was up 12.5% on a year-over-year basis. analysts forecast that Helen of Troy Limited will post 6.91 earnings per share for the current fiscal year.
Helen of Troy Company Profile
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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