Ontario Teachers Pension Plan Board Acquires 3,703 Shares of Helen of Troy Limited (NASDAQ:HELE)

Ontario Teachers Pension Plan Board raised its holdings in Helen of Troy Limited (NASDAQ:HELE) by 24.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,112 shares of the company’s stock after buying an additional 3,703 shares during the period. Ontario Teachers Pension Plan Board’s holdings in Helen of Troy were worth $2,202,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Louisiana State Employees Retirement System lifted its position in shares of Helen of Troy by 1.5% during the first quarter. Louisiana State Employees Retirement System now owns 6,800 shares of the company’s stock valued at $784,000 after purchasing an additional 100 shares in the last quarter. SG Americas Securities LLC raised its position in Helen of Troy by 5.3% in the first quarter. SG Americas Securities LLC now owns 2,239 shares of the company’s stock worth $258,000 after acquiring an additional 112 shares during the period. Strong Tower Advisory Services increased its stake in shares of Helen of Troy by 8.7% in the fourth quarter. Strong Tower Advisory Services now owns 2,368 shares of the company’s stock worth $286,000 after purchasing an additional 190 shares in the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of Helen of Troy by 1.8% in the first quarter. Oppenheimer Asset Management Inc. now owns 11,271 shares of the company’s stock worth $1,299,000 after purchasing an additional 198 shares in the last quarter. Finally, ProShare Advisors LLC increased its stake in shares of Helen of Troy by 4.7% in the first quarter. ProShare Advisors LLC now owns 5,434 shares of the company’s stock worth $626,000 after purchasing an additional 246 shares in the last quarter.

Helen of Troy Price Performance

NASDAQ:HELE traded down $1.25 during mid-day trading on Tuesday, hitting $55.80. 51,802 shares of the stock traded hands, compared to its average volume of 338,824. The company has a quick ratio of 0.99, a current ratio of 1.87 and a debt-to-equity ratio of 0.40. Helen of Troy Limited has a 12-month low of $55.51 and a 12-month high of $143.68. The company has a market cap of $1.27 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 1.10 and a beta of 0.84. The business’s 50-day moving average price is $92.64 and its 200 day moving average price is $105.86.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings data on Tuesday, July 9th. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60). The business had revenue of $416.80 million during the quarter, compared to the consensus estimate of $445.85 million. Helen of Troy had a return on equity of 10.25% and a net margin of 7.82%. The company’s revenue was down 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.58 earnings per share. On average, analysts expect that Helen of Troy Limited will post 6.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HELE has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Helen of Troy from $100.00 to $72.00 and set a “neutral” rating for the company in a research note on Wednesday, July 10th. StockNews.com cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Wednesday, July 10th. Canaccord Genuity Group reduced their price objective on shares of Helen of Troy from $137.00 to $84.00 and set a “buy” rating for the company in a research note on Wednesday, July 10th. Finally, DA Davidson cut shares of Helen of Troy from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $139.00 to $67.00 in a research note on Wednesday, July 10th.

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.