Peregrine Capital Management LLC Buys 22,487 Shares of Helen of Troy Limited (NASDAQ:HELE)

Peregrine Capital Management LLC grew its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 63.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,048 shares of the company’s stock after acquiring an additional 22,487 shares during the quarter. Peregrine Capital Management LLC owned about 0.25% of Helen of Troy worth $3,473,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Pacer Advisors Inc. increased its stake in Helen of Troy by 30,278.8% during the 3rd quarter. Pacer Advisors Inc. now owns 1,069,940 shares of the company’s stock valued at $66,176,000 after purchasing an additional 1,066,418 shares in the last quarter. State Street Corp increased its position in shares of Helen of Troy by 3.7% during the third quarter. State Street Corp now owns 894,681 shares of the company’s stock valued at $55,336,000 after acquiring an additional 31,582 shares in the last quarter. Pzena Investment Management LLC bought a new stake in shares of Helen of Troy during the third quarter valued at approximately $35,962,000. Charles Schwab Investment Management Inc. lifted its position in Helen of Troy by 14.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 410,078 shares of the company’s stock valued at $25,363,000 after acquiring an additional 53,016 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in Helen of Troy by 96.1% during the 3rd quarter. Wellington Management Group LLP now owns 242,395 shares of the company’s stock valued at $14,992,000 after purchasing an additional 118,814 shares during the last quarter.

Helen of Troy Price Performance

NASDAQ HELE opened at $56.82 on Thursday. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 11.46, a PEG ratio of 1.75 and a beta of 0.91. Helen of Troy Limited has a 1-year low of $48.05 and a 1-year high of $127.83. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. The business’s fifty day moving average price is $61.44 and its 200-day moving average price is $61.74.

Helen of Troy (NASDAQ:HELE) last posted its earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.60 by $0.07. The company had revenue of $530.70 million for the quarter, compared to the consensus estimate of $532.91 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. Helen of Troy’s revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.79 earnings per share. On average, equities analysts predict that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

HELE has been the subject of several recent analyst reports. StockNews.com upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. DA Davidson boosted their target price on Helen of Troy from $71.00 to $78.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. Finally, UBS Group dropped their price target on shares of Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th.

About Helen of Troy

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.