Vanguard Group Inc. Has $312.70 Million Position in Helen of Troy Limited (NASDAQ:HELE)

Vanguard Group Inc. cut its holdings in Helen of Troy Limited (NASDAQ:HELE) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,394,485 shares of the company’s stock after selling 20,769 shares during the quarter. Vanguard Group Inc. owned about 9.54% of Helen of Troy worth $312,696,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in HELE. NumerixS Investment Technologies Inc bought a new position in Helen of Troy during the second quarter worth about $26,000. Cerebellum GP LLC acquired a new stake in shares of Helen of Troy in the 2nd quarter valued at approximately $31,000. Asset Planning Services Ltd. bought a new position in Helen of Troy during the 2nd quarter worth approximately $58,000. AdvisorNet Financial Inc boosted its stake in Helen of Troy by 28.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 974 shares of the company’s stock worth $127,000 after acquiring an additional 213 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in Helen of Troy during the 2nd quarter worth approximately $219,000. 93.45% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have commented on HELE shares. Bank of America upped their target price on shares of Helen of Troy from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, July 10th. BidaskClub raised shares of Helen of Troy from a “sell” rating to a “hold” rating in a research report on Friday. Finally, DA Davidson lifted their price target on shares of Helen of Troy from $167.00 to $172.00 and gave the stock a “buy” rating in a research report on Monday, August 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $168.50.

In related news, Director Vincent D. Carson sold 13,415 shares of the stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $146.08, for a total transaction of $1,959,663.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.77% of the stock is currently owned by corporate insiders.

NASDAQ:HELE traded down $0.78 on Tuesday, reaching $156.88. The company’s stock had a trading volume of 9,916 shares, compared to its average volume of 182,606. Helen of Troy Limited has a 1-year low of $108.31 and a 1-year high of $159.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.04 and a current ratio of 2.20. The firm has a market cap of $3.89 billion, a PE ratio of 21.62, a PEG ratio of 3.04 and a beta of 0.61. The business’s 50-day moving average price is $151.45 and its two-hundred day moving average price is $137.31.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Tuesday, July 9th. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.38. Helen of Troy had a return on equity of 18.61% and a net margin of 10.81%. The company had revenue of $376.30 million during the quarter, compared to the consensus estimate of $351.54 million. During the same period in the prior year, the company earned $1.87 earnings per share. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. As a group, sell-side analysts expect that Helen of Troy Limited will post 7.64 EPS for the current year.

About Helen of Troy

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.

See Also: SEC Filing

Institutional Ownership by Quarter for Helen of Troy (NASDAQ:HELE)

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