Intech Investment Management LLC Has $562,000 Stock Position in Helen of Troy Limited (NASDAQ:HELE)

Intech Investment Management LLC lessened its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 6.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,401 shares of the company’s stock after selling 698 shares during the quarter. Intech Investment Management LLC’s holdings in Helen of Troy were worth $562,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp lifted its position in Helen of Troy by 3.7% in the third quarter. State Street Corp now owns 894,681 shares of the company’s stock worth $55,336,000 after purchasing an additional 31,582 shares during the period. Pzena Investment Management LLC boosted its position in shares of Helen of Troy by 21.4% during the 4th quarter. Pzena Investment Management LLC now owns 705,711 shares of the company’s stock valued at $42,223,000 after acquiring an additional 124,269 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Helen of Troy by 17.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company’s stock valued at $28,847,000 after acquiring an additional 72,076 shares in the last quarter. William Blair Investment Management LLC increased its stake in Helen of Troy by 2.0% in the fourth quarter. William Blair Investment Management LLC now owns 440,851 shares of the company’s stock valued at $26,376,000 after acquiring an additional 8,597 shares during the period. Finally, Bank of New York Mellon Corp raised its position in Helen of Troy by 104.3% in the fourth quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company’s stock worth $20,893,000 after purchasing an additional 178,310 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on HELE shares. UBS Group lowered their price objective on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. DA Davidson increased their price objective on Helen of Troy from $71.00 to $78.00 and gave the stock a “neutral” rating in a research note on Monday, November 25th. 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 Trading Up 0.3 %

HELE stock opened at $53.00 on Tuesday. The business has a fifty day moving average price of $58.09 and a 200 day moving average price of $62.13. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $116.13. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.69, a P/E/G ratio of 1.80 and a beta of 0.90.

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