Engineers Gate Manager LP bought a new position in shares of Helen of Troy Limited (NASDAQ:HELE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,834 shares of the company’s stock, valued at approximately $1,156,000.
Several other large investors also recently modified their holdings of HELE. IMA Wealth Inc. purchased a new position in shares of Helen of Troy during the second quarter worth approximately $118,000. Bank of Montreal Can purchased a new position in shares of Helen of Troy during the second quarter worth approximately $122,000. Fortis Advisors LLC purchased a new position in Helen of Troy during the second quarter valued at approximately $128,000. Cornerstone Wealth Management LLC purchased a new position in Helen of Troy during the second quarter valued at approximately $143,000. Finally, Moneta Group Investment Advisors LLC purchased a new position in Helen of Troy during the second quarter valued at approximately $162,000. 96.37% of the stock is currently owned by institutional investors and hedge funds.
Shares of HELE stock opened at $134.51 on Friday. The company has a market cap of $3.46 billion, a P/E ratio of 19.93, a price-to-earnings-growth ratio of 3.07 and a beta of 0.75. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.18 and a current ratio of 2.14. Helen of Troy Limited has a 52-week low of $81.10 and a 52-week high of $134.73.
Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Tuesday, October 9th. The company reported $1.98 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.60 by $0.38. The company had revenue of $393.50 million for the quarter, compared to analyst estimates of $349.19 million. Helen of Troy had a net margin of 7.00% and a return on equity of 19.39%. Helen of Troy’s revenue was up 14.1% compared to the same quarter last year. During the same period last year, the company posted $1.65 earnings per share. Sell-side analysts anticipate that Helen of Troy Limited will post 7.08 earnings per share for the current fiscal year.
In other Helen of Troy news, Director Gary B. Abromovitz sold 640 shares of Helen of Troy stock in a transaction on Tuesday, October 23rd. The shares were sold at an average price of $123.00, for a total value of $78,720.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Gary B. Abromovitz sold 500 shares of Helen of Troy stock in a transaction on Thursday, November 1st. The stock was sold at an average price of $125.25, for a total transaction of $62,625.00. The disclosure for this sale can be found here. Company insiders own 0.62% of the company’s stock.
Several brokerages recently issued reports on HELE. BidaskClub raised shares of Helen of Troy from a “buy” rating to a “strong-buy” rating in a report on Friday, September 28th. Zacks Investment Research lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Tuesday, September 11th. DA Davidson reissued a “buy” rating and set a $148.00 price objective on shares of Helen of Troy in a report on Wednesday, October 10th. Finally, ValuEngine raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Helen of Troy currently has an average rating of “Buy” and an average target price of $133.67.
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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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