Helen of Troy Limited (HELE) Shares Bought by Thrivent Financial For Lutherans

Thrivent Financial For Lutherans boosted its stake in Helen of Troy Limited (NASDAQ:HELE) by 6.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,110 shares of the company’s stock after buying an additional 320 shares during the period. Thrivent Financial For Lutherans’ holdings in Helen of Troy Limited were worth $481,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Helen of Troy Limited during the fourth quarter valued at approximately $25,356,000. Anchor Capital Advisors LLC raised its position in Helen of Troy Limited by 840.3% in the first quarter. Anchor Capital Advisors LLC now owns 171,209 shares of the company’s stock valued at $16,128,000 after buying an additional 153,001 shares during the period. Public Employees Retirement Association of Colorado raised its position in Helen of Troy Limited by 1,884.1% in the first quarter. Public Employees Retirement Association of Colorado now owns 112,083 shares of the company’s stock valued at $10,558,000 after buying an additional 106,434 shares during the period. Wells Fargo & Company MN raised its position 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 during the period. Finally, Prudential Financial Inc. raised its position in Helen of Troy Limited by 113.4% in the first quarter. Prudential Financial Inc. now owns 146,233 shares of the company’s stock valued at $13,775,000 after buying an additional 77,700 shares during the period. 90.47% of the stock is currently owned by institutional investors.

Helen of Troy Limited (NASDAQ HELE) opened at 98.25 on Friday. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 21.33 and a beta of 0.93. Helen of Troy Limited has a 52-week low of $77.50 and a 52-week high of $101.26. The firm’s 50-day moving average price is $93.75 and its 200 day moving average price is $93.70.

Helen of Troy Limited (NASDAQ:HELE) last released its earnings results on Monday, July 10th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $358.40 million. During the same quarter last year, the business posted $1.27 EPS. Helen of Troy Limited’s quarterly revenue was up 3.4% compared to the same quarter last year. On average, equities research analysts forecast that Helen of Troy Limited will post $6.73 EPS for the current year.

Helen of Troy Limited announced that its Board of Directors has initiated a stock repurchase program on Monday, May 15th that authorizes the company to repurchase $400.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

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Several research analysts have commented on HELE shares. Zacks Investment Research raised Helen of Troy Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. BidaskClub lowered Helen of Troy Limited from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st. Finally, Sidoti reaffirmed a “buy” rating and set a $108.00 price target (down previously from $112.00) on shares of Helen of Troy Limited in a research report on Saturday, April 29th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Helen of Troy Limited currently has an average rating of “Hold” and an average price target of $102.75.

In related news, Director Gary B. Abromovitz sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $94.76, for a total value of $284,280.00. Following the sale, the director now owns 8,743 shares of the company’s stock, valued at approximately $828,486.68. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Richard J. Oppenheim sold 1,058 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $95.40, for a total value of $100,933.20. Following the completion of the sale, the vice president now directly owns 756 shares in the company, valued at approximately $72,122.40. The disclosure for this sale can be found here. Company insiders own 0.57% of the company’s stock.

Helen of Troy Limited Company Profile

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.

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

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