Helen of Troy Limited (NASDAQ:HELE) Shares Acquired by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC lifted its position in Helen of Troy Limited (NASDAQ:HELE) by 15.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 67,543 shares of the company’s stock after buying an additional 9,225 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Helen of Troy were worth $4,041,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in HELE. Public Employees Retirement System of Ohio increased its stake in shares of Helen of Troy by 30.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after purchasing an additional 182 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock worth $29,000 after purchasing an additional 237 shares in the last quarter. 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 worth $81,000 after buying an additional 571 shares during the last quarter. First Hawaiian Bank raised its holdings in Helen of Troy by 7.2% during the fourth quarter. First Hawaiian Bank now owns 10,032 shares of the company’s stock valued at $600,000 after buying an additional 671 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Helen of Troy in the fourth quarter worth about $44,000.

Helen of Troy Stock Performance

Shares of NASDAQ HELE opened at $57.00 on Wednesday. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 1.79 and a beta of 0.91. Helen of Troy Limited has a one year low of $48.05 and a one year high of $127.83. The business has a fifty day simple moving average of $63.35 and a 200 day simple moving average of $61.87. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

Helen of Troy (NASDAQ:HELE) last announced 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 net margin of 6.05% and a return on equity of 9.13%. 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 prior year, the company posted $2.79 EPS. The business’s revenue was down 3.4% on a year-over-year basis. Sell-side analysts expect that Helen of Troy Limited will post 6.46 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. DA Davidson increased their price objective on Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, November 25th. UBS Group reduced 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. Finally, StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday.

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.