50,105 Shares in Helen of Troy Limited (NASDAQ:HELE) Bought by Point72 Hong Kong Ltd

Point72 Hong Kong Ltd bought a new position in Helen of Troy Limited (NASDAQ:HELE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 50,105 shares of the company’s stock, valued at approximately $2,998,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HELE. Cooper Creek Partners Management LLC purchased a new position in Helen of Troy in the fourth quarter worth $41,248,000. Arrowstreet Capital Limited Partnership grew its position in Helen of Troy by 446.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company’s stock worth $38,695,000 after acquiring an additional 528,305 shares in the last quarter. Medina Value Partners LLC grew its position in Helen of Troy by 303.8% in the fourth quarter. Medina Value Partners LLC now owns 318,463 shares of the company’s stock worth $19,054,000 after acquiring an additional 239,593 shares in the last quarter. Bank of New York Mellon Corp grew its position in Helen of Troy by 104.3% in the fourth quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company’s stock worth $20,893,000 after acquiring an additional 178,310 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Helen of Troy by 80.5% during the fourth quarter. Bank of America Corp DE now owns 364,180 shares of the company’s stock valued at $21,789,000 after buying an additional 162,460 shares during the period.

Analysts Set New Price Targets

Several research firms have issued reports on HELE. Canaccord Genuity Group cut their price target on shares of Helen of Troy from $92.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. StockNews.com lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Friday, May 2nd. Finally, UBS Group cut their price target on shares of Helen of Troy from $68.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, April 17th.

Helen of Troy Stock Performance

Shares of NASDAQ:HELE opened at $29.76 on Friday. The company has a market cap of $682.78 million, a price-to-earnings ratio of 6.00, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91. The company has a 50-day moving average price of $39.32 and a 200-day moving average price of $54.88. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a 12 month low of $24.15 and a 12 month high of $109.59.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Thursday, April 24th. The company reported $2.33 EPS for the quarter, missing the consensus estimate of $2.35 by ($0.02). The firm had revenue of $485.89 million for the quarter, compared to the consensus estimate of $481.55 million. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The business’s revenue was down .7% on a year-over-year basis. During the same period last year, the company posted $2.45 earnings per share. As a group, equities analysts anticipate that Helen of Troy Limited will post 6.46 EPS for the current year.

Helen of Troy Profile

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.