William Blair Investment Management LLC Acquires 8,597 Shares of Helen of Troy Limited (NASDAQ:HELE)

William Blair Investment Management LLC boosted its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 440,851 shares of the company’s stock after purchasing an additional 8,597 shares during the quarter. William Blair Investment Management LLC owned about 1.93% of Helen of Troy worth $26,376,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its stake in Helen of Troy by 96.0% in the 4th 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 4th quarter worth approximately $44,000. Public Employees Retirement System of Ohio increased its stake in Helen of Troy by 30.3% in the 3rd 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 increased its stake in Helen of Troy by 73.1% in the 4th 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 increased its stake in Helen of Troy by 40.9% in the 4th 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.

Helen of Troy Price Performance

Shares of Helen of Troy stock opened at $51.80 on Wednesday. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 10.44, a price-to-earnings-growth ratio of 1.80 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92. The stock has a 50 day moving average price of $58.72 and a 200-day moving average price of $62.16. Helen of Troy Limited has a one year low of $48.05 and a one year high of $117.94.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data 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. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The company had revenue of $530.70 million during the quarter, compared to analysts’ expectations of $532.91 million. During the same quarter in the previous year, the business earned $2.79 EPS. Helen of Troy’s revenue was down 3.4% compared to the same quarter last year. Equities analysts expect that Helen of Troy Limited will post 6.46 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have issued reports on HELE. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. UBS Group dropped their target price on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Finally, DA Davidson lifted their target price on Helen of Troy from $71.00 to $78.00 and gave the stock 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.