Janney Montgomery Scott LLC Sells 201 Shares of Helen of Troy Limited (NASDAQ:HELE)

Janney Montgomery Scott LLC trimmed its position in Helen of Troy Limited (NASDAQ:HELE) by 2.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,377 shares of the company’s stock after selling 201 shares during the period. Janney Montgomery Scott LLC’s holdings in Helen of Troy were worth $1,163,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in HELE. Nuveen Asset Management LLC boosted its holdings in Helen of Troy by 3,500.3% in the 2nd quarter. Nuveen Asset Management LLC now owns 114,416 shares of the company’s stock valued at $14,941,000 after purchasing an additional 111,238 shares during the period. Wells Fargo & Company MN raised its position in shares of Helen of Troy by 15.1% during the 2nd quarter. Wells Fargo & Company MN now owns 582,967 shares of the company’s stock valued at $76,130,000 after buying an additional 76,483 shares in the last quarter. Schroder Investment Management Group raised its position in shares of Helen of Troy by 782.9% during the 2nd quarter. Schroder Investment Management Group now owns 61,800 shares of the company’s stock valued at $8,071,000 after buying an additional 54,800 shares in the last quarter. WINTON GROUP Ltd raised its position in shares of Helen of Troy by 660.2% during the 2nd quarter. WINTON GROUP Ltd now owns 32,734 shares of the company’s stock valued at $4,275,000 after buying an additional 28,428 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Helen of Troy during the 2nd quarter valued at $3,526,000. 92.85% of the stock is owned by hedge funds and other institutional investors.

Shares of HELE opened at $155.28 on Friday. The firm’s 50-day moving average price is $155.59 and its 200-day moving average price is $145.15. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 21.36, a PEG ratio of 2.60 and a beta of 0.53. The company has a current ratio of 2.24, a quick ratio of 1.07 and a debt-to-equity ratio of 0.31. Helen of Troy Limited has a 1-year low of $108.31 and a 1-year high of $169.25.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Tuesday, October 8th. The company reported $2.24 EPS for the quarter, topping the consensus estimate of $1.96 by $0.28. The business had revenue of $414.00 million for the quarter, compared to analyst estimates of $390.55 million. Helen of Troy had a net margin of 10.80% and a return on equity of 18.80%. Helen of Troy’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.98 earnings per share. On average, research analysts forecast that Helen of Troy Limited will post 7.8 EPS for the current fiscal year.

Several research firms have recently weighed in on HELE. BidaskClub cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Friday, October 25th. Bank of America raised their price objective on shares of Helen of Troy from $170.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. ValuEngine cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, DA Davidson raised their price objective on shares of Helen of Troy from $172.00 to $184.00 and gave the company a “buy” rating in a research report on Monday, October 7th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Helen of Troy has a consensus rating of “Hold” and an average target price of $179.50.

About Helen of Troy

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

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

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