Schroder Investment Management Group Reduces Position in Helen of Troy Limited (HELE)

Schroder Investment Management Group decreased its holdings in Helen of Troy Limited (NASDAQ:HELE) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,338 shares of the company’s stock after selling 14,053 shares during the period. Schroder Investment Management Group owned about 0.70% of Helen of Troy worth $18,520,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of the business. JPMorgan Chase & Co. grew its stake in shares of Helen of Troy by 12.6% in the third quarter. JPMorgan Chase & Co. now owns 219,390 shares of the company’s stock worth $21,347,000 after acquiring an additional 24,522 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Helen of Troy by 12.7% in the third quarter. Legal & General Group Plc now owns 24,136 shares of the company’s stock worth $2,341,000 after acquiring an additional 2,717 shares in the last quarter. Eagle Asset Management Inc. grew its stake in shares of Helen of Troy by 52.9% in the third quarter. Eagle Asset Management Inc. now owns 75,379 shares of the company’s stock worth $7,421,000 after acquiring an additional 26,065 shares in the last quarter. Amica Pension Fund Board of Trustees grew its stake in shares of Helen of Troy by 10.3% in the third quarter. Amica Pension Fund Board of Trustees now owns 18,686 shares of the company’s stock worth $1,811,000 after acquiring an additional 1,749 shares in the last quarter. Finally, Amica Mutual Insurance Co. grew its stake in shares of Helen of Troy by 122.0% in the third quarter. Amica Mutual Insurance Co. now owns 25,633 shares of the company’s stock worth $2,484,000 after acquiring an additional 14,087 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

HELE has been the subject of several research reports. CL King initiated coverage on shares of Helen of Troy in a research note on Tuesday, September 12th. They issued a “buy” rating and a $104.00 price target for the company. ValuEngine upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Tuesday, October 10th. KeyCorp restated a “hold” rating on shares of Helen of Troy in a research note on Friday, October 6th. BidaskClub downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a research note on Saturday, August 26th. Finally, Zacks Investment Research downgraded shares of Helen of Troy from a “hold” rating to a “sell” rating in a research note on Tuesday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $99.40.

In other news, Director Timothy F. Meeker sold 2,500 shares of Helen of Troy stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $94.00, for a total transaction of $235,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is currently owned by insiders.

Shares of Helen of Troy Limited (NASDAQ:HELE) opened at $88.20 on Wednesday. The stock has a market cap of $2,430.00, a price-to-earnings ratio of 13.19, a PEG ratio of 12.36 and a beta of 0.91. Helen of Troy Limited has a 1 year low of $79.90 and a 1 year high of $102.88. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.85 and a current ratio of 1.89.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Thursday, October 5th. The company reported $1.65 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.29. The business had revenue of $378.46 million during the quarter, compared to analysts’ expectations of $377.08 million. Helen of Troy had a net margin of 6.93% and a return on equity of 18.28%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.31 EPS. research analysts anticipate that Helen of Troy Limited will post 6.42 earnings per share for the current year.

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About Helen of Troy

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 (NASDAQ:HELE)

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