Hudson Edge Investment Partners Inc. Lowers Stock Position in Helen of Troy Limited (NASDAQ:HELE)

Hudson Edge Investment Partners Inc. lessened its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 20.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,540 shares of the company’s stock after selling 642 shares during the quarter. Hudson Edge Investment Partners Inc.’s holdings in Helen of Troy were worth $152,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of HELE. Signaturefd LLC purchased a new position in shares of Helen of Troy in the third quarter valued at approximately $61,000. Louisiana State Employees Retirement System boosted its stake in shares of Helen of Troy by 64.2% in the third quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock valued at $680,000 after purchasing an additional 4,300 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Helen of Troy by 395.5% in the third quarter. State of Alaska Department of Revenue now owns 13,018 shares of the company’s stock valued at $805,000 after purchasing an additional 10,391 shares during the period. Gladstone Institutional Advisory LLC boosted its stake in shares of Helen of Troy by 6.6% in the third quarter. Gladstone Institutional Advisory LLC now owns 58,318 shares of the company’s stock valued at $3,607,000 after purchasing an additional 3,609 shares during the period. Finally, M&G PLC purchased a new position in shares of Helen of Troy in the third quarter valued at approximately $11,702,000.

Helen of Troy Stock Up 1.1 %

Shares of NASDAQ:HELE opened at $58.79 on Friday. The firm’s 50 day moving average price is $61.03 and its 200 day moving average price is $61.78. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $127.83. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45.

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

Analysts Set New Price Targets

Several research analysts have recently commented on HELE shares. UBS Group lowered their price objective on shares of Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. StockNews.com raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. Finally, DA Davidson raised their target price on shares of Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, November 25th.

Helen of Troy 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.