Vanguard Group Inc. Has $209,819,000 Position in Helen of Troy Ltd. (HELE)
Vanguard Group Inc. lowered its position in Helen of Troy Ltd. (NASDAQ:HELE) by 13.2% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 2,040,255 shares of the company’s stock after selling 310,228 shares during the period. Vanguard Group Inc. owned approximately 7.33% of Helen of Troy worth $209,819,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in HELE. GW&K Investment Management LLC bought a new position in Helen of Troy during the second quarter worth about $25,009,000. Mesirow Financial Investment Management Equity Management boosted its position in Helen of Troy by 1,076.9% in the second quarter. Mesirow Financial Investment Management Equity Management now owns 223,076 shares of the company’s stock worth $22,942,000 after buying an additional 204,122 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Helen of Troy by 69.3% in the second quarter. PNC Financial Services Group Inc. now owns 381,738 shares of the company’s stock worth $39,258,000 after buying an additional 156,296 shares in the last quarter. Fisher Asset Management LLC boosted its position in Helen of Troy by 57.2% in the second quarter. Fisher Asset Management LLC now owns 333,977 shares of the company’s stock worth $33,565,000 after buying an additional 121,530 shares in the last quarter. Finally, RS Investment Management Co. LLC bought a new position in Helen of Troy during the second quarter worth about $11,049,000. Institutional investors and hedge funds own 95.34% of the company’s stock.
Shares of Helen of Troy Ltd. (NASDAQ:HELE) opened at 82.81 on Monday. The firm’s 50-day moving average is $87.23 and its 200-day moving average is $96.51. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 22.59 and a beta of 1.00. Helen of Troy Ltd. has a 12-month low of $79.01 and a 12-month high of $106.50.
Helen of Troy (NASDAQ:HELE) last announced its earnings results on Thursday, October 6th. The company reported $1.31 EPS for the quarter, beating the Zacks’ consensus estimate of $1.14 by $0.17. Helen of Troy had a net margin of 6.70% and a return on equity of 18.63%. The firm had revenue of $368.17 million for the quarter. During the same quarter last year, the firm posted $1.12 EPS. The business’s quarterly revenue was down .3% on a year-over-year basis. On average, equities analysts predict that Helen of Troy Ltd. will post $6.16 EPS for the current year.
HELE has been the subject of a number of research analyst reports. Jefferies Group reiterated a “buy” rating and set a $114.00 price objective on shares of Helen of Troy in a research report on Wednesday, July 6th. KeyCorp reiterated a “hold” rating on shares of Helen of Troy in a research report on Thursday, October 6th. Sidoti upgraded shares of Helen of Troy from a “neutral” rating to a “buy” rating and set a $112.00 price objective for the company in a research report on Friday, August 19th. Finally, Zacks Investment Research cut shares of Helen of Troy from a “hold” rating to a “sell” rating in a research report on Wednesday, October 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $107.50.
About Helen of Troy
Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.
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