Shell Asset Management Co. continued to hold its position in Helen of Troy Limited (NASDAQ:HELE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,748 shares of the company’s stock at the end of the second quarter. Shell Asset Management Co.’s holdings in Helen of Troy Limited were worth $541,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in Helen of Troy Limited by 21,305.1% in the first quarter. BlackRock Inc. now owns 2,805,144 shares of the company’s stock valued at $264,244,000 after buying an additional 2,792,039 shares during the last quarter. Vanguard Group Inc. raised its stake in Helen of Troy Limited by 3.1% in the first quarter. Vanguard Group Inc. now owns 2,259,325 shares of the company’s stock valued at $212,829,000 after buying an additional 68,092 shares in the last quarter. Fisher Asset Management LLC raised its stake in Helen of Troy Limited by 1.1% in the first quarter. Fisher Asset Management LLC now owns 819,649 shares of the company’s stock valued at $77,211,000 after buying an additional 8,581 shares in the last quarter. Wells Fargo & Company MN raised its stake in Helen of Troy Limited by 13.7% in the first quarter. Wells Fargo & Company MN now owns 644,942 shares of the company’s stock valued at $60,753,000 after buying an additional 77,825 shares in the last quarter. Finally, Champlain Investment Partners LLC raised its stake in Helen of Troy Limited by 32.7% in the first quarter. Champlain Investment Partners LLC now owns 536,065 shares of the company’s stock valued at $50,497,000 after buying an additional 132,080 shares in the last quarter. Hedge funds and other institutional investors own 89.27% of the company’s stock.

Shares of Helen of Troy Limited (NASDAQ:HELE) opened at 100.15 on Monday. Helen of Troy Limited has a 1-year low of $77.50 and a 1-year high of $101.95. The stock has a 50 day moving average of $96.54 and a 200 day moving average of $94.66. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 21.74 and a beta of 0.95.

Helen of Troy Limited (NASDAQ:HELE) last released its quarterly earnings data on Monday, July 10th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.29 by $0.08. Helen of Troy Limited had a return on equity of 17.70% and a net margin of 8.23%. The company had revenue of $359.61 million for the quarter, compared to analysts’ expectations of $358.40 million. During the same period last year, the firm posted $1.27 earnings per share. Helen of Troy Limited’s revenue was up 3.4% compared to the same quarter last year. Analysts predict that Helen of Troy Limited will post $6.73 EPS for the current year.

Helen of Troy Limited announced that its board has approved a stock repurchase plan on Monday, May 15th that allows the company to buyback $400.00 million in outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its stock is undervalued.

TRADEMARK VIOLATION WARNING: “Shell Asset Management Co. Holds Stake in Helen of Troy Limited (HELE)” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this story on another site, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The legal version of this story can be viewed at https://www.dailypolitical.com/2017/08/14/shell-asset-management-co-holds-stake-in-helen-of-troy-limited-hele.html.

Several research firms have recently weighed in on HELE. BidaskClub upgraded shares of Helen of Troy Limited from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Sidoti reiterated a “buy” rating and issued a $108.00 price objective (down previously from $112.00) on shares of Helen of Troy Limited in a research note on Saturday, April 29th. Finally, Zacks Investment Research lowered shares of Helen of Troy Limited from a “hold” rating to a “sell” rating in a research note on Friday, April 28th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Helen of Troy Limited presently has an average rating of “Buy” and a consensus target price of $102.75.

In related news, VP Richard J. Oppenheim sold 1,058 shares of the stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $95.40, for a total transaction of $100,933.20. Following the sale, the vice president now directly owns 756 shares of the company’s stock, valued at $72,122.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.57% of the company’s stock.

About Helen of Troy Limited

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.

Want to see what other hedge funds are holding HELE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helen of Troy Limited (NASDAQ:HELE).

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

Receive News & Ratings for Helen of Troy Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy Limited and related companies with MarketBeat.com's FREE daily email newsletter.