Pzena Investment Management LLC Has $42.22 Million Stock Holdings in Helen of Troy Limited (NASDAQ:HELE)

Pzena Investment Management LLC grew its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 21.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 705,711 shares of the company’s stock after purchasing an additional 124,269 shares during the quarter. Pzena Investment Management LLC owned approximately 3.09% of Helen of Troy worth $42,223,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in HELE. GAMMA Investing LLC boosted its stake in shares of Helen of Troy by 96.0% during the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after purchasing an additional 237 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of Helen of Troy during the fourth quarter worth about $44,000. Public Employees Retirement System of Ohio raised its position in shares of Helen of Troy by 30.3% during the third quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after acquiring an additional 182 shares during the last quarter. KBC Group NV raised its position in shares of Helen of Troy by 73.1% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company’s stock worth $81,000 after acquiring an additional 571 shares during the last quarter. Finally, Amundi raised its position in shares of Helen of Troy by 40.9% during the fourth quarter. Amundi now owns 1,651 shares of the company’s stock worth $97,000 after acquiring an additional 479 shares during the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on HELE shares. DA Davidson raised their price objective 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. UBS Group lowered their price objective on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Finally, StockNews.com upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th.

Helen of Troy Trading Down 2.6 %

Shares of HELE stock opened at $55.26 on Tuesday. The company has a market cap of $1.26 billion, a P/E ratio of 11.14, a PEG ratio of 1.80 and a beta of 0.90. The stock has a 50 day simple moving average of $59.60 and a two-hundred day simple moving average of $62.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92. Helen of Troy Limited has a fifty-two week low of $48.05 and a fifty-two week high of $124.83.

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, topping analysts’ consensus estimates of $2.60 by $0.07. The business had revenue of $530.70 million during 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%. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.79 earnings per share. Research analysts forecast that Helen of Troy Limited will post 6.46 earnings per share for the current year.

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.