Helen of Troy Limited (NASDAQ:HELE) Shares Acquired by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD boosted its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 8.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 21,751 shares of the company’s stock after purchasing an additional 1,621 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.10% of Helen of Troy worth $1,302,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HELE. GAMMA Investing LLC grew its stake in Helen of Troy by 96.0% in the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after acquiring an additional 237 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in shares of Helen of Troy by 66.7% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares in the last quarter. Sterling Capital Management LLC raised its position in shares of Helen of Troy by 844.7% during the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company’s stock worth $43,000 after purchasing an additional 642 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in Helen of Troy during the 4th quarter valued at $44,000. Finally, KBC Group NV increased its position in Helen of Troy by 73.1% during the fourth 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.

Helen of Troy Price Performance

HELE stock opened at $27.27 on Friday. The company has a market cap of $625.66 million, a PE ratio of 5.50, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91. Helen of Troy Limited has a 12-month low of $24.15 and a 12-month high of $110.76. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The stock has a 50-day moving average price of $41.31 and a two-hundred day moving average price of $55.81.

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

Wall Street Analyst Weigh In

A number of analysts recently commented on HELE shares. UBS Group dropped their price objective on 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. 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, Canaccord Genuity Group cut their price target on Helen of Troy from $92.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd.

Helen of Troy Company 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.