Teacher Retirement System of Texas boosted its stake in shares of Helen of Troy Ltd. (NASDAQ:HELE) by 20.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 3,941 shares of the company’s stock after buying an additional 671 shares during the period. Teacher Retirement System of Texas’ holdings in Helen of Troy were worth $405,000 as of its most recent filing with the SEC.
Other institutional investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC purchased a new position in Helen of Troy during the second quarter valued at $25,009,000. Mesirow Financial Investment Management Equity Management boosted its position in shares of Helen of Troy by 1,076.9% in the second quarter. Mesirow Financial Investment Management Equity Management now owns 223,076 shares of the company’s stock worth $22,942,000 after buying an additional 204,122 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Helen of Troy by 69.3% in the second quarter. PNC Financial Services Group Inc. now owns 381,738 shares of the company’s stock worth $39,258,000 after buying an additional 156,296 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Helen of Troy by 57.2% in the second quarter. Fisher Asset Management LLC now owns 333,977 shares of the company’s stock worth $33,565,000 after buying an additional 121,530 shares in the last quarter. Finally, RS Investment Management Co. LLC bought a new position in shares of Helen of Troy during the second quarter worth approximately $11,049,000. 94.71% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Helen of Troy Ltd. (NASDAQ:HELE) opened at 80.94 on Monday. The company has a market capitalization of $2.25 billion, a PE ratio of 22.08 and a beta of 1.00. Helen of Troy Ltd. has a 12-month low of $80.21 and a 12-month high of $106.50. The firm’s 50-day moving average price is $88.51 and its 200-day moving average price is $97.17.
Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings data on Thursday, October 6th. The company reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.17. The firm had revenue of $368.17 million for the quarter. Helen of Troy had a net margin of 6.70% and a return on equity of 18.63%. Helen of Troy’s quarterly revenue was down .3% compared to the same quarter last year. During the same period last year, the firm earned $1.12 earnings per share. On average, analysts expect that Helen of Troy Ltd. will post $6.16 EPS for the current fiscal year.
A number of brokerages recently commented on HELE. Jefferies Group decreased their target price on Helen of Troy to $105.00 in a report on Friday. KeyCorp reaffirmed a “hold” rating on shares of Helen of Troy in a report on Thursday. Zacks Investment Research cut Helen of Troy from a “buy” rating to a “hold” rating in a report on Tuesday, September 6th. Finally, Sidoti started coverage on Helen of Troy in a report on Thursday, August 25th. They issued a “neutral” rating and a $102.00 target price on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $107.50.
About Helen of Troy
Helen of Troy Limited is a global consumer products company. The Company offers solutions for its customers through a portfolio of brands. It is a global designer, developer, importer, marketer, and distributor of a portfolio of brand-name consumer products. It has four business segments: Housewares, Healthcare/Home Environment, Nutritional Supplements and Personal Care.
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