Petrus Trust Company LTA boosted its stake in Helen of Troy Limited (NASDAQ:HELE – Get Rating) by 57.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,308 shares of the company's stock after purchasing an additional 844 shares during the quarter. Petrus Trust Company LTA's holdings in Helen of Troy were worth $223,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of HELE. Lazard Asset Management LLC grew its position in Helen of Troy by 7.3% in the second quarter. Lazard Asset Management LLC now owns 93,924 shares of the company's stock valued at $15,254,000 after acquiring an additional 6,406 shares during the last quarter. ExodusPoint Capital Management LP grew its position in Helen of Troy by 100.1% in the third quarter. ExodusPoint Capital Management LP now owns 30,647 shares of the company's stock valued at $2,956,000 after acquiring an additional 15,331 shares during the last quarter. Bridgewater Associates LP grew its position in Helen of Troy by 5.3% in the second quarter. Bridgewater Associates LP now owns 68,529 shares of the company's stock valued at $11,130,000 after acquiring an additional 3,435 shares during the last quarter. Keybank National Association OH grew its position in Helen of Troy by 45.6% in the third quarter. Keybank National Association OH now owns 2,575 shares of the company's stock valued at $248,000 after acquiring an additional 807 shares during the last quarter. Finally, Summit Global Investments grew its position in Helen of Troy by 6.2% in the second quarter. Summit Global Investments now owns 8,264 shares of the company's stock valued at $1,342,000 after acquiring an additional 480 shares during the last quarter. Institutional investors and hedge funds own 98.98% of the company's stock.
Get Helen of Troy alerts:Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. DA Davidson boosted their price target on Helen of Troy from $126.00 to $138.00 and gave the stock a "buy" rating in a report on Friday, January 6th. Canaccord Genuity Group lifted their price objective on Helen of Troy from $120.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, January 3rd. Canaccord Genuity Group assumed coverage on Helen of Troy in a research note on Wednesday, November 16th. They issued a "buy" rating and a $120.00 price objective on the stock. Finally, Bank of America raised Helen of Troy from a "neutral" rating to a "buy" rating in a research note on Thursday, December 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $148.50.
Helen of Troy Stock Down 0.8 %
HELE stock opened at $114.25 on Tuesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.12 and a current ratio of 2.15. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 1.85 and a beta of 0.65. Helen of Troy Limited has a fifty-two week low of $82.94 and a fifty-two week high of $221.71. The stock has a fifty day moving average of $111.78 and a 200-day moving average of $106.64.
Helen of Troy (NASDAQ:HELE – Get Rating) last issued its quarterly earnings data on Thursday, January 5th. The company reported $2.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.29 by $0.15. The business had revenue of $558.61 million for the quarter, compared to analysts' expectations of $522.28 million. Helen of Troy had a return on equity of 14.75% and a net margin of 6.77%. As a group, equities research analysts predict that Helen of Troy Limited will post 7.77 earnings per share for the current year.
Helen of Troy Company Profile
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Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the following segments: Home and Outdoor, Health and Wellness, and Beauty. The Home and Outdoor segment offers food preparation tools, containers, electronics, baby care, and cleaning products.
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