Loomis Sayles & Co. L P lowered its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 3.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,773 shares of the company’s stock after selling 4,467 shares during the quarter. Loomis Sayles & Co. L P owned about 0.42% of Helen of Troy worth $14,369,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Raymond James & Associates increased its holdings in shares of Helen of Troy by 19.5% during the second quarter. Raymond James & Associates now owns 30,494 shares of the company’s stock valued at $3,002,000 after acquiring an additional 4,969 shares in the last quarter. GAM Holding AG acquired a new position in shares of Helen of Troy during the second quarter valued at about $217,000. Oregon Public Employees Retirement Fund acquired a new position in shares of Helen of Troy during the second quarter valued at about $1,039,000. United Services Automobile Association increased its holdings in shares of Helen of Troy by 16.1% during the second quarter. United Services Automobile Association now owns 58,823 shares of the company’s stock valued at $5,791,000 after acquiring an additional 8,160 shares in the last quarter. Finally, Alps Advisors Inc. acquired a new position in shares of Helen of Troy during the second quarter valued at about $728,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.
HELE has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Tuesday, September 11th. ValuEngine upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Tuesday, September 4th. BidaskClub downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Monday, October 15th. DA Davidson restated a “buy” rating and set a $148.00 price objective on shares of Helen of Troy in a report on Wednesday, October 10th. Finally, Bank of America set a $151.00 price objective on shares of Helen of Troy and gave the company a “buy” rating in a report on Monday, November 19th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $141.67.
In related news, Director Gary B. Abromovitz sold 500 shares of the company’s stock in a transaction that occurred on Thursday, November 1st. The stock was sold at an average price of $125.25, for a total value of $62,625.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Gary B. Abromovitz sold 640 shares of the company’s stock in a transaction that occurred on Tuesday, October 23rd. The shares were sold at an average price of $123.00, for a total value of $78,720.00. The disclosure for this sale can be found here. 0.62% of the stock is owned by corporate insiders.
HELE opened at $137.15 on Friday. Helen of Troy Limited has a 52-week low of $81.10 and a 52-week high of $145.46. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.18 and a current ratio of 2.14. The stock has a market cap of $3.67 billion, a PE ratio of 18.84, a P/E/G ratio of 3.20 and a beta of 0.77.
Helen of Troy (NASDAQ:HELE) last issued its earnings results on Tuesday, October 9th. The company reported $1.98 EPS for the quarter, beating the Zacks’ consensus estimate of $1.60 by $0.38. The firm had revenue of $393.50 million for the quarter, compared to analyst estimates of $349.19 million. Helen of Troy had a return on equity of 19.39% and a net margin of 7.00%. Helen of Troy’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.65 earnings per share. On average, analysts anticipate that Helen of Troy Limited will post 7.08 earnings per share for the current fiscal 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.
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