Dynamic Technology Lab Private Ltd Buys New Shares in Helen of Troy Limited (NASDAQ:HELE)

Dynamic Technology Lab Private Ltd purchased a new position in shares of Helen of Troy Limited (NASDAQ:HELE) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 13,460 shares of the company’s stock, valued at approximately $806,000.

Other hedge funds also recently made changes to their positions in the company. Public Employees Retirement System of Ohio boosted its holdings in Helen of Troy by 30.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after acquiring an additional 182 shares during the period. GAMMA Investing LLC raised its stake in shares of Helen of Troy by 96.0% during the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after purchasing an additional 237 shares during the period. Swiss National Bank lifted its position in shares of Helen of Troy by 0.9% during the fourth quarter. Swiss National Bank now owns 45,000 shares of the company’s stock worth $2,692,000 after purchasing an additional 400 shares in the last quarter. Amundi boosted its stake in shares of Helen of Troy by 40.9% in the fourth quarter. Amundi now owns 1,651 shares of the company’s stock valued at $97,000 after purchasing an additional 479 shares during the period. Finally, Anchor Capital Advisors LLC grew its holdings in Helen of Troy by 4.8% during the 4th quarter. Anchor Capital Advisors LLC now owns 11,209 shares of the company’s stock valued at $671,000 after purchasing an additional 511 shares in the last quarter.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HELE. StockNews.com upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. UBS Group reduced their price target on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th.

Helen of Troy Trading Down 3.3 %

Shares of NASDAQ HELE opened at $44.76 on Monday. Helen of Troy Limited has a 52-week low of $41.95 and a 52-week high of $110.76. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $1.02 billion, a P/E ratio of 9.02, a PEG ratio of 1.80 and a beta of 0.89. The stock’s 50 day moving average price is $55.64 and its two-hundred day moving average price is $61.77.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.60 by $0.07. The firm had revenue of $530.70 million during the quarter, compared to the consensus estimate of $532.91 million. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The firm’s revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.79 earnings per share. On average, analysts anticipate that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

About Helen of Troy

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.