Macquarie Group Ltd. Has $3.04 Million Holdings in Helen of Troy Limited (HELE)

Macquarie Group Ltd. cut its holdings in Helen of Troy Limited (NASDAQ:HELE) by 23.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,260 shares of the company’s stock after selling 9,900 shares during the period. Macquarie Group Ltd. owned about 0.12% of Helen of Troy Limited worth $3,036,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Teacher Retirement System of Texas acquired a new stake in Helen of Troy Limited in the first quarter valued at $209,000. Comerica Bank increased its position in shares of Helen of Troy Limited by 23.0% during the second quarter. Comerica Bank now owns 36,943 shares of the company’s stock worth $3,630,000 after purchasing an additional 6,910 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Helen of Troy Limited by 8.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 169,451 shares of the company’s stock worth $15,946,000 after purchasing an additional 13,242 shares in the last quarter. California Public Employees Retirement System increased its position in shares of Helen of Troy Limited by 3.5% during the first quarter. California Public Employees Retirement System now owns 26,900 shares of the company’s stock worth $2,534,000 after purchasing an additional 900 shares in the last quarter. Finally, BlackRock Inc. increased its position in shares of Helen of Troy Limited by 21,305.1% during the first quarter. BlackRock Inc. now owns 2,805,144 shares of the company’s stock worth $264,244,000 after purchasing an additional 2,792,039 shares in the last quarter. Institutional investors own 89.76% of the company’s stock.

A number of analysts have recently commented on HELE shares. CL King started coverage on Helen of Troy Limited in a research report on Tuesday, September 12th. They set a “buy” rating and a $104.00 target price on the stock. BidaskClub upgraded Helen of Troy Limited from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. ValuEngine upgraded Helen of Troy Limited from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. KeyCorp reiterated a “hold” rating on shares of Helen of Troy Limited in a research report on Friday, October 6th. Finally, Bank of America Corporation started coverage on Helen of Troy Limited in a research report on Tuesday, August 29th. They set an “underperform” rating and a $87.00 target price on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $99.40.

Shares of Helen of Troy Limited (NASDAQ:HELE) opened at 94.40 on Friday. Helen of Troy Limited has a 52-week low of $77.50 and a 52-week high of $102.88. The stock’s 50 day moving average price is $94.05 and its 200-day moving average price is $94.56. The firm has a market cap of $2.57 billion, a PE ratio of 24.01 and a beta of 0.99.

Helen of Troy Limited (NASDAQ:HELE) last issued its quarterly earnings results on Thursday, October 5th. The company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.36 by $0.29. Helen of Troy Limited had a net margin of 6.93% and a return on equity of 18.28%. The business had revenue of $378.46 million for the quarter, compared to analysts’ expectations of $377.08 million. During the same quarter last year, the company posted $1.31 earnings per share. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. On average, equities research analysts anticipate that Helen of Troy Limited will post $6.72 earnings per share for the current fiscal year.

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Helen of Troy Limited 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.

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

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