Royce & Associates LP Invests $355,000 in Helen of Troy Limited (NASDAQ:HELE)

Royce & Associates LP bought a new stake in shares of Helen of Troy Limited (NASDAQ:HELE) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 5,940 shares of the company’s stock, valued at approximately $355,000.

Several other hedge funds have also recently added to or reduced their stakes in HELE. Thrivent Financial for Lutherans boosted its stake in Helen of Troy by 211.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 17,915 shares of the company’s stock valued at $1,108,000 after purchasing an additional 12,162 shares during the period. Jennison Associates LLC bought a new stake in Helen of Troy during the 3rd quarter valued at approximately $674,000. Intech Investment Management LLC boosted its stake in Helen of Troy by 88.6% during the 3rd quarter. Intech Investment Management LLC now owns 10,099 shares of the company’s stock valued at $625,000 after purchasing an additional 4,743 shares during the period. Pacer Advisors Inc. boosted 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 during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Helen of Troy by 14.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 410,078 shares of the company’s stock valued at $25,363,000 after purchasing an additional 53,016 shares during the period.

Helen of Troy Price Performance

Shares of HELE stock opened at $52.85 on Friday. Helen of Troy Limited has a 12 month low of $48.05 and a 12 month high of $116.13. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average of $58.25 and a two-hundred day moving average of $62.01. The company has a market capitalization of $1.21 billion, a P/E ratio of 10.66, a P/E/G ratio of 1.80 and a beta of 0.90.

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

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HELE. UBS Group reduced 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. 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. Finally, StockNews.com upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th.

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.