Helen of Troy Limited (HELE) Position Increased by Alliancebernstein L.P.

Alliancebernstein L.P. boosted its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 296.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 282,067 shares of the company’s stock after purchasing an additional 210,886 shares during the quarter. Alliancebernstein L.P. owned about 1.04% of Helen of Troy Limited worth $26,543,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. BlackRock Inc. grew its position in Helen of Troy Limited by 21,305.1% during the 1st quarter. BlackRock Inc. now owns 2,805,144 shares of the company’s stock valued at $264,244,000 after purchasing an additional 2,792,039 shares during the last quarter. Vanguard Group Inc. grew its position in Helen of Troy Limited by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 2,259,325 shares of the company’s stock valued at $212,829,000 after purchasing an additional 68,092 shares during the last quarter. Champlain Investment Partners LLC grew its position in Helen of Troy Limited by 32.7% during the 1st quarter. Champlain Investment Partners LLC now owns 536,065 shares of the company’s stock valued at $50,497,000 after purchasing an additional 132,080 shares during the last quarter. Snyder Capital Management L P grew its position in Helen of Troy Limited by 9.3% during the 1st quarter. Snyder Capital Management L P now owns 520,961 shares of the company’s stock valued at $49,075,000 after purchasing an additional 44,456 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in Helen of Troy Limited by 0.5% during the 1st quarter. Wellington Management Group LLP now owns 379,813 shares of the company’s stock valued at $35,778,000 after purchasing an additional 1,855 shares during the last quarter. 89.89% of the stock is currently owned by institutional investors.

Shares of Helen of Troy Limited (HELE) opened at 94.00 on Wednesday. Helen of Troy Limited has a one year low of $77.50 and a one year high of $102.88. The stock has a market cap of $2.56 billion, a P/E ratio of 20.41 and a beta of 0.97. The stock’s 50 day moving average is $96.66 and its 200-day moving average is $94.60.

Helen of Troy Limited (NASDAQ:HELE) last posted its quarterly earnings data on Monday, July 10th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.08. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The firm had revenue of $359.61 million during the quarter, compared to analysts’ expectations of $358.40 million. During the same quarter in the previous year, the company posted $1.27 EPS. Helen of Troy Limited’s revenue was up 3.4% on a year-over-year basis. On average, equities analysts forecast that Helen of Troy Limited will post $6.71 EPS for the current year.

Several analysts recently commented on the stock. CL King assumed coverage on shares of Helen of Troy Limited in a research report on Tuesday, September 12th. They set a “buy” rating and a $104.00 price objective on the stock. BidaskClub raised shares of Helen of Troy Limited from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. Bank of America Corporation assumed coverage on shares of Helen of Troy Limited in a research report on Tuesday, August 29th. They set an “underperform” rating and a $87.00 price objective on the stock. Finally, Zacks Investment Research raised shares of Helen of Troy Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Helen of Troy Limited presently has an average rating of “Hold” and a consensus target price of $100.33.

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About Helen of Troy Limited

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.

Institutional Ownership by Quarter for Helen of Troy Limited (NASDAQ:HELE)

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