Helen of Troy Limited (NASDAQ:HELE) Shares Bought by Northern Trust Corp

Northern Trust Corp lifted its position in Helen of Troy Limited (NASDAQ:HELE) by 14.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 258,835 shares of the company’s stock after purchasing an additional 32,971 shares during the period. Northern Trust Corp’s holdings in Helen of Troy were worth $15,486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Earnest Partners LLC raised its position in shares of Helen of Troy by 18.6% in the fourth quarter. Earnest Partners LLC now owns 757,339 shares of the company’s stock worth $45,312,000 after acquiring an additional 118,982 shares during the period. Pzena Investment Management LLC raised its position in shares of Helen of Troy by 21.4% in the fourth quarter. Pzena Investment Management LLC now owns 705,711 shares of the company’s stock worth $42,223,000 after acquiring an additional 124,269 shares during the period. Cooper Creek Partners Management LLC acquired a new position in Helen of Troy in the 4th quarter worth about $41,248,000. Arrowstreet Capital Limited Partnership raised its holdings in Helen of Troy by 446.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company’s stock worth $38,695,000 after purchasing an additional 528,305 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Helen of Troy by 17.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company’s stock worth $28,847,000 after purchasing an additional 72,076 shares during the period.

Helen of Troy Stock Down 5.3%

NASDAQ HELE opened at $30.08 on Thursday. The business has a fifty day moving average price of $39.83 and a 200 day moving average price of $55.13. Helen of Troy Limited has a one year low of $24.15 and a one year high of $110.65. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92. The company has a market cap of $690.13 million, a P/E ratio of 6.06, a P/E/G ratio of 1.80 and a beta of 0.91.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. UBS Group reduced their target price on Helen of Troy from $68.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, April 17th. Canaccord Genuity Group reduced their price objective on shares of Helen of Troy from $92.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Finally, StockNews.com downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Friday, May 2nd.

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.