Clearbridge Investments LLC Sells 2,539 Shares of Helen of Troy Limited (NASDAQ:HELE)

Clearbridge Investments LLC reduced its holdings in Helen of Troy Limited (NASDAQ:HELE) by 1.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 203,317 shares of the company’s stock after selling 2,539 shares during the period. Clearbridge Investments LLC owned approximately 0.89% of Helen of Troy worth $12,164,000 as of its most recent filing with the Securities & Exchange Commission.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on HELE. StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. UBS Group decreased their price target on 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.

Helen of Troy Trading Up 1.1 %

Shares of HELE opened at $53.26 on Thursday. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 1.80 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. Helen of Troy Limited has a 1-year low of $48.05 and a 1-year high of $111.12. The company has a 50-day moving average of $56.46 and a 200 day moving average of $61.95.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.60 by $0.07. The firm had revenue of $530.70 million during the quarter, compared to analyst estimates 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 quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.79 earnings per share. On average, research analysts expect that Helen of Troy Limited will post 6.46 EPS for the current year.

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.