Helen of Troy Ltd. (HELE) Stock Price Down 2.8%
Helen of Troy Ltd. (NASDAQ:HELE)’s share price traded down 2.8% during mid-day trading on Friday . The stock traded as low as $98.02 and last traded at $99.78, with a volume of 253,247 shares traded. The stock had previously closed at $102.69.
Several equities research analysts recently commented on the company. Piper Jaffray Cos. reiterated an “overweight” rating and set a $110.00 price objective (up from $100.00) on shares of Helen of Troy in a research note on Tuesday, April 19th. Jefferies Group reiterated a “buy” rating and set a $114.00 price objective on shares of Helen of Troy in a research note on Wednesday. Finally, Zacks Investment Research downgraded Helen of Troy from a “hold” rating to a “sell” rating in a research note on Wednesday, May 11th.
The company has a 50 day moving average of $101.26 and a 200-day moving average of $97.41. The company has a market cap of $2.75 billion and a PE ratio of 28.20.
Helen of Troy (NASDAQ:HELE) last announced its earnings results on Thursday, July 7th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.15. During the same period in the previous year, the company earned $1.06 EPS. The business had revenue of $347.90 million for the quarter. Helen of Troy’s quarterly revenue was up .8% on a year-over-year basis. On average, equities research analysts predict that Helen of Troy Ltd. will post $6.13 EPS for the current year.
In other Helen of Troy news, insider Richard J. Oppenheim sold 500 shares of the firm’s stock in a transaction dated Friday, May 6th. The shares were sold at an average price of $97.93, for a total value of $48,965.00. Following the transaction, the insider now owns 581 shares of the company’s stock, valued at $56,897.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Richard J. Oppenheim sold 1,250 shares of the firm’s stock in a transaction dated Monday, May 2nd. The stock was sold at an average price of $99.34, for a total transaction of $124,175.00. Following the completion of the transaction, the insider now directly owns 831 shares in the company, valued at approximately $82,551.54. The disclosure for this sale can be found here.
Several large investors have added to or reduced their stakes in HELE. Russell Frank Co boosted its stake in Helen of Troy by 8.0% in the fourth quarter. Russell Frank Co now owns 12,331 shares of the company’s stock worth $1,189,000 after buying an additional 914 shares during the period. US Bancorp DE boosted its stake in Helen of Troy by 4.9% in the fourth quarter. US Bancorp DE now owns 16,960 shares of the company’s stock worth $1,599,000 after buying an additional 797 shares during the period. GSA Capital Partners LLP boosted its stake in Helen of Troy by 687.9% in the fourth quarter. GSA Capital Partners LLP now owns 17,995 shares of the company’s stock worth $1,696,000 after buying an additional 15,711 shares during the period. Trexquant Investment LP acquired a new stake in Helen of Troy during the fourth quarter worth $2,145,000. Finally, New York State Common Retirement Fund boosted its stake in Helen of Troy by 6.5% in the fourth quarter. New York State Common Retirement Fund now owns 27,700 shares of the company’s stock worth $2,611,000 after buying an additional 1,700 shares during the period.
Helen of Troy Limited is a global consumer products company. The Company offers solutions for its customers through a portfolio of brands. It is a global designer, developer, importer, marketer, and distributor of a portfolio of brand-name consumer products. It has four business segments: Housewares, Healthcare/Home Environment, Nutritional Supplements and Personal Care.
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