BlackRock Advisors LLC Has $1,246,000 Position in Helen of Troy Limited (HELE)

BlackRock Advisors LLC Has $1,246,000 Position in Helen of Troy Limited (HELE)

BlackRock Advisors LLC boosted its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 9.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,463 shares of the company’s stock after buying an additional 1,272 shares during the period. BlackRock Advisors LLC owned approximately 0.05% of Helen of Troy Limited worth $1,246,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the stock. Rainier Investment Management LLC boosted its stake in shares of Helen of Troy Limited by 29.7% in the second quarter. Rainier Investment Management LLC now owns 102,150 shares of the company’s stock valued at $10,505,000 after buying an additional 23,380 shares during the last quarter. Cooke & Bieler LP raised its position in shares of Helen of Troy Limited by 59.0% in the third quarter. Cooke & Bieler LP now owns 216,710 shares of the company’s stock valued at $18,674,000 after buying an additional 80,388 shares during the period. Monarch Partners Asset Management LLC raised its position in shares of Helen of Troy Limited by 20.0% in the third quarter. Monarch Partners Asset Management LLC now owns 80,020 shares of the company’s stock valued at $6,895,000 after buying an additional 13,320 shares during the period. Quantbot Technologies LP bought a new position in shares of Helen of Troy Limited during the third quarter valued at approximately $127,000. Finally, UBS Asset Management Americas Inc. raised its position in shares of Helen of Troy Limited by 5.4% in the second quarter. UBS Asset Management Americas Inc. now owns 20,231 shares of the company’s stock valued at $2,081,000 after buying an additional 1,039 shares during the period. 98.03% of the stock is owned by institutional investors and hedge funds.

Helen of Troy Limited (NASDAQ:HELE) remained flat at $92.95 during mid-day trading on Friday. 90,006 shares of the stock were exchanged. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 22.82 and a beta of 0.97. Helen of Troy Limited has a 12 month low of $77.50 and a 12 month high of $106.18. The firm’s 50 day moving average price is $87.44 and its 200-day moving average price is $88.57.

Helen of Troy Limited (NASDAQ:HELE) last issued its earnings results on Thursday, January 5th. The company reported $2.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.47. The firm earned $444.40 million during the quarter. Helen of Troy Limited had a net margin of 7.41% and a return on equity of 19.24%. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.07 earnings per share. On average, equities research analysts predict that Helen of Troy Limited will post $6.44 EPS for the current year.

Several research analysts have commented on the stock. Zacks Investment Research lowered shares of Helen of Troy Limited from a “buy” rating to a “hold” rating in a report on Friday, December 30th. Piper Jaffray Companies lowered shares of Helen of Troy Limited from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $105.00 to $93.00 in a report on Wednesday, December 7th. Jefferies Group LLC set a $116.00 price objective on shares of Helen of Troy Limited and gave the stock a “buy” rating in a report on Wednesday, October 5th. Finally, KeyCorp reiterated a “hold” rating on shares of Helen of Troy Limited in a research note on Thursday, October 6th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $101.25.

Helen of Troy Limited Company Profile

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.

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