Victory Capital Management Inc. Reduces Position in Helen of Troy Limited (NASDAQ:HELE)

Victory Capital Management Inc. lessened its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 16.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,223 shares of the company’s stock after selling 1,208 shares during the quarter. Victory Capital Management Inc.’s holdings in Helen of Troy were worth $372,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Public Employees Retirement System of Ohio raised its stake in Helen of Troy by 30.3% in the third 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 raised its stake in Helen of Troy by 96.0% in the fourth 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. Anchor Capital Advisors LLC raised its stake in Helen of Troy by 4.8% in the fourth quarter. Anchor Capital Advisors LLC now owns 11,209 shares of the company’s stock worth $671,000 after buying an additional 511 shares in the last quarter. KBC Group NV raised its stake in Helen of Troy by 73.1% in 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. Finally, First Hawaiian Bank increased its position in shares of Helen of Troy by 7.2% during the fourth quarter. First Hawaiian Bank now owns 10,032 shares of the company’s stock worth $600,000 after purchasing an additional 671 shares in the last quarter.

Analysts Set New Price Targets

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

Helen of Troy Stock Up 1.3 %

HELE opened at $52.85 on Friday. Helen of Troy Limited has a twelve month low of $48.05 and a twelve month high of $116.13. 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 company has a 50-day moving average price of $58.25 and a 200 day moving average price of $62.07. The company has a market cap of $1.21 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 1.80 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, topping the consensus estimate 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 company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.79 EPS. Sell-side analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

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.