Helen of Troy Limited (NASDAQ:HELE) Shares Sold by Polen Capital Management LLC

Polen Capital Management LLC cut its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 8.9% during the fourth quarter, Holdings Channel reports. The firm owned 20,112 shares of the company’s stock after selling 1,963 shares during the quarter. Polen Capital Management LLC’s holdings in Helen of Troy were worth $2,430,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Strong Tower Advisory Services boosted its stake in Helen of Troy by 8.7% in the 4th quarter. Strong Tower Advisory Services now owns 2,368 shares of the company’s stock worth $286,000 after purchasing an additional 190 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Helen of Troy by 5.0% in the third quarter. PNC Financial Services Group Inc. now owns 4,210 shares of the company’s stock worth $491,000 after buying an additional 201 shares during the period. AlphaMark Advisors LLC boosted its position in shares of Helen of Troy by 20.2% in the fourth quarter. AlphaMark Advisors LLC now owns 2,260 shares of the company’s stock worth $273,000 after buying an additional 380 shares during the period. Raymond James & Associates grew its holdings in shares of Helen of Troy by 15.2% during the fourth quarter. Raymond James & Associates now owns 3,336 shares of the company’s stock valued at $403,000 after buying an additional 441 shares in the last quarter. Finally, Swiss National Bank raised its position in Helen of Troy by 1.3% during the third quarter. Swiss National Bank now owns 53,000 shares of the company’s stock valued at $6,178,000 after buying an additional 700 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have commented on HELE shares. DA Davidson decreased their price objective on Helen of Troy from $151.00 to $139.00 and set a “buy” rating for the company in a research report on Thursday, April 25th. UBS Group reduced their price target on shares of Helen of Troy from $121.00 to $100.00 and set a “neutral” rating for the company in a research report on Thursday, April 25th.

Helen of Troy Stock Down 1.6 %

Shares of NASDAQ HELE traded down $1.63 during mid-day trading on Friday, reaching $98.40. The company had a trading volume of 193,670 shares, compared to its average volume of 260,949. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.87. Helen of Troy Limited has a twelve month low of $87.50 and a twelve month high of $143.68. The stock’s 50 day moving average is $101.45 and its 200-day moving average is $112.09. The stock has a market capitalization of $2.34 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 1.56 and a beta of 0.84.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Wednesday, April 24th. The company reported $2.11 EPS for the quarter, beating analysts’ consensus estimates of $2.00 by $0.11. Helen of Troy had a return on equity of 11.65% and a net margin of 8.41%. The firm had revenue of $489.20 million for the quarter, compared to the consensus estimate of $477.88 million. As a group, equities analysts anticipate that Helen of Troy Limited will post 8.12 earnings per share for the current fiscal year.

Helen of Troy Company Profile

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.