Olympiad Research LP Makes New Investment in Helen of Troy Limited (NASDAQ:HELE)

Olympiad Research LP purchased a new position in shares of Helen of Troy Limited (NASDAQ:HELE) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 7,258 shares of the company’s stock, valued at approximately $434,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio lifted its position in Helen of Troy by 30.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after buying an additional 182 shares in the last quarter. GAMMA Investing LLC lifted its position in Helen of Troy by 96.0% during the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock worth $29,000 after buying an additional 237 shares in the last quarter. KBC Group NV lifted its position in Helen of Troy by 73.1% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company’s stock worth $81,000 after buying an additional 571 shares in the last quarter. First Hawaiian Bank raised its holdings in shares of Helen of Troy by 7.2% in the 4th quarter. First Hawaiian Bank now owns 10,032 shares of the company’s stock valued at $600,000 after purchasing an additional 671 shares during the period. Finally, FNY Investment Advisers LLC bought a new stake in shares of Helen of Troy in the 4th quarter valued at about $44,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HELE shares. DA Davidson upped their target price on shares of Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, November 25th. UBS Group dropped their target price on shares of Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Finally, StockNews.com raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th.

Helen of Troy Stock Up 1.1 %

Shares of HELE opened at $58.79 on Friday. Helen of Troy Limited has a 52 week low of $48.05 and a 52 week high of $127.83. The firm has a market cap of $1.34 billion, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91. The firm’s 50-day simple moving average is $61.03 and its 200 day simple moving average is $61.78. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates of $2.60 by $0.07. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The business had revenue of $530.70 million for the quarter, compared to analyst estimates of $532.91 million. During the same quarter in the prior year, the business earned $2.79 EPS. Helen of Troy’s quarterly revenue was down 3.4% on a year-over-year basis. On average, analysts forecast that Helen of Troy Limited will post 6.46 earnings per share 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.