Helen of Troy Limited (HELE) Position Lowered by California State Teachers Retirement System

California State Teachers Retirement System decreased its holdings in Helen of Troy Limited (NASDAQ:HELE) by 9.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 43,650 shares of the company’s stock after selling 4,620 shares during the quarter. California State Teachers Retirement System owned approximately 0.16% of Helen of Troy worth $4,230,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in HELE. American Century Companies Inc. acquired a new stake in Helen of Troy during the third quarter valued at approximately $23,056,000. Alliancebernstein L.P. raised its stake in Helen of Troy by 296.3% during the second quarter. Alliancebernstein L.P. now owns 282,067 shares of the company’s stock valued at $26,543,000 after buying an additional 210,886 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Helen of Troy by 425,092.9% during the second quarter. The Manufacturers Life Insurance Company now owns 59,527 shares of the company’s stock valued at $5,601,000 after buying an additional 59,513 shares in the last quarter. Renaissance Technologies LLC raised its stake in Helen of Troy by 65.6% during the second quarter. Renaissance Technologies LLC now owns 134,786 shares of the company’s stock valued at $12,683,000 after buying an additional 53,376 shares in the last quarter. Finally, AHL Partners LLP raised its stake in Helen of Troy by 126.4% during the second quarter. AHL Partners LLP now owns 79,265 shares of the company’s stock valued at $7,459,000 after buying an additional 44,259 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Shares of Helen of Troy Limited (NASDAQ HELE) opened at $95.85 on Friday. The company has a current ratio of 1.89, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $2,610.00, a P/E ratio of 24.45, a PEG ratio of 13.37 and a beta of 0.91. Helen of Troy Limited has a 1 year low of $85.40 and a 1 year high of $102.88.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Thursday, October 5th. The company reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.29. The business had revenue of $378.46 million for the quarter, compared to analysts’ expectations of $377.08 million. Helen of Troy had a return on equity of 18.28% and a net margin of 6.93%. The business’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.31 EPS. research analysts predict that Helen of Troy Limited will post 6.42 earnings per share for the current fiscal year.

Several analysts have issued reports on the company. BidaskClub upgraded Helen of Troy from a “buy” rating to a “strong-buy” rating in a research note on Saturday, December 9th. KeyCorp restated a “hold” rating on shares of Helen of Troy in a research note on Friday, November 24th. ValuEngine upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. CL King assumed coverage on Helen of Troy in a research note on Tuesday, September 12th. They set a “buy” rating and a $104.00 price objective on the stock. Finally, Zacks Investment Research cut Helen of Troy from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $99.67.

In other news, Director Timothy F. Meeker sold 2,500 shares of the stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $94.00, for a total transaction of $235,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.57% of the stock is currently owned by corporate insiders.

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Helen of Troy Company Profile

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has three segments. The Housewares segment provides a range of consumer products for the home.

Institutional Ownership by Quarter for Helen of Troy (NASDAQ:HELE)

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