Eagle Asset Management Inc. Sells 23,821 Shares of Helen of Troy Limited (NASDAQ:HELE)

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Eagle Asset Management Inc. trimmed its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 11.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 181,326 shares of the company’s stock after selling 23,821 shares during the period. Eagle Asset Management Inc.’s holdings in Helen of Troy were worth $28,587,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Retirement Systems of Alabama lifted its holdings in Helen of Troy by 0.3% during the 3rd quarter. Retirement Systems of Alabama now owns 32,637 shares of the company’s stock valued at $5,146,000 after purchasing an additional 98 shares during the last quarter. Texas Permanent School Fund lifted its holdings in Helen of Troy by 0.7% during the 3rd quarter. Texas Permanent School Fund now owns 17,089 shares of the company’s stock valued at $2,694,000 after purchasing an additional 113 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Helen of Troy by 1.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 11,315 shares of the company’s stock valued at $1,784,000 after purchasing an additional 114 shares during the last quarter. Flagship Harbor Advisors LLC lifted its holdings in Helen of Troy by 55.0% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 372 shares of the company’s stock valued at $58,000 after purchasing an additional 132 shares during the last quarter. Finally, Sciencast Management LP lifted its holdings in Helen of Troy by 3.7% during the 2nd quarter. Sciencast Management LP now owns 4,200 shares of the company’s stock valued at $617,000 after purchasing an additional 150 shares during the last quarter. 92.85% of the stock is owned by institutional investors.

Several brokerages recently issued reports on HELE. DA Davidson lifted their price target on shares of Helen of Troy from $172.00 to $184.00 and gave the company a “buy” rating in a report on Monday, October 7th. They noted that the move was a valuation call. ValuEngine downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Bank of America lifted their price target on shares of Helen of Troy from $170.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Finally, BidaskClub downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $179.50.

Shares of NASDAQ HELE traded up $2.12 during trading on Friday, reaching $155.28. The company had a trading volume of 146,800 shares, compared to its average volume of 261,641. The stock has a market cap of $3.87 billion, a PE ratio of 21.36, a PEG ratio of 2.60 and a beta of 0.53. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.07 and a current ratio of 2.24. Helen of Troy Limited has a 52 week low of $108.31 and a 52 week high of $169.25. The business’s 50 day moving average price is $155.59 and its 200-day moving average price is $145.15.

Helen of Troy (NASDAQ:HELE) last posted its earnings results on Tuesday, October 8th. The company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.28. The firm had revenue of $414.00 million during the quarter, compared to analysts’ expectations of $390.55 million. Helen of Troy had a net margin of 10.80% and a return on equity of 18.80%. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.98 earnings per share. Equities analysts anticipate that Helen of Troy Limited will post 7.8 earnings per share for the current year.

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.

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

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