Helen of Troy Limited (HELE) Holdings Reduced by Raymond James & Associates

Share on StockTwits

Raymond James & Associates lowered its stake in Helen of Troy Limited (NASDAQ:HELE) by 2.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 37,874 shares of the company’s stock after selling 780 shares during the quarter. Raymond James & Associates’ holdings in Helen of Troy were worth $4,968,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HELE. Robeco Institutional Asset Management B.V. acquired a new position in Helen of Troy in the fourth quarter valued at about $44,729,000. Marshall Wace LLP acquired a new position in Helen of Troy in the third quarter valued at about $32,951,000. Victory Capital Management Inc. lifted its position in Helen of Troy by 157.3% in the third quarter. Victory Capital Management Inc. now owns 393,003 shares of the company’s stock valued at $51,444,000 after buying an additional 240,272 shares during the last quarter. Rothschild & Co. Asset Management US Inc. acquired a new position in Helen of Troy in the fourth quarter valued at about $24,128,000. Finally, BlackRock Inc. lifted its position in Helen of Troy by 4.5% in the fourth quarter. BlackRock Inc. now owns 3,197,246 shares of the company’s stock valued at $419,416,000 after buying an additional 137,467 shares during the last quarter. 94.33% of the stock is currently owned by institutional investors.

A number of research firms have commented on HELE. BidaskClub cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Monday, October 15th. Zacks Investment Research cut shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 11th. Finally, Bank of America set a $151.00 price target on shares of Helen of Troy and gave the stock a “buy” rating in a research report on Monday, November 19th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $141.67.

Shares of HELE traded up $1.51 during mid-day trading on Tuesday, hitting $114.76. 37,068 shares of the company’s stock were exchanged, compared to its average volume of 342,218. The stock has a market capitalization of $2.94 billion, a PE ratio of 17.00, a P/E/G ratio of 2.80 and a beta of 0.69. Helen of Troy Limited has a fifty-two week low of $81.10 and a fifty-two week high of $145.46. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.11 and a current ratio of 2.01.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Tuesday, January 8th. The company reported $2.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.16 by $0.24. The business had revenue of $431.10 million for the quarter, compared to analysts’ expectations of $425.76 million. Helen of Troy had a net margin of 12.19% and a return on equity of 18.45%. The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.52 earnings per share. On average, sell-side analysts predict that Helen of Troy Limited will post 7.03 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Ticker Report and is owned by of Ticker Report. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://www.tickerreport.com/banking-finance/4146546/helen-of-troy-limited-hele-holdings-reduced-by-raymond-james-associates.html.

Helen of Troy Company Profile

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

Further Reading: What is systematic risk?

Want to see what other hedge funds are holding HELE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helen of Troy Limited (NASDAQ:HELE).

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

Receive News & Ratings for Helen of Troy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nyerium  Hits 24-Hour Volume of $107.00
Nyerium Hits 24-Hour Volume of $107.00
PHI Token Achieves Market Cap of $611,431.00
PHI Token Achieves Market Cap of $611,431.00
Zacks Investment Research Upgrades Oaktree Capital Group  to “Buy”
Zacks Investment Research Upgrades Oaktree Capital Group to “Buy”
PepsiCo  Announces Quarterly  Earnings Results, Meets Estimates
PepsiCo Announces Quarterly Earnings Results, Meets Estimates
Donald  McLay Sells 10,000 Shares of Credit Corp Group Limited  Stock
Donald McLay Sells 10,000 Shares of Credit Corp Group Limited Stock
Insider Buying: Telenav Inc  Director Buys 50,400 Shares of Stock
Insider Buying: Telenav Inc Director Buys 50,400 Shares of Stock


Leave a Reply

© 2006-2019 Ticker Report