Bayesian Capital Management LP Has $694,000 Stock Holdings in Helen of Troy Limited (NASDAQ:HELE)

Bayesian Capital Management LP lessened its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 10.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,025 shares of the company’s stock after selling 700 shares during the period. Bayesian Capital Management LP’s holdings in Helen of Troy were worth $694,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Raymond James & Associates raised its stake in Helen of Troy by 15.2% in 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 during the period. Pacer Advisors Inc. lifted its holdings in Helen of Troy by 73.9% during the 4th quarter. Pacer Advisors Inc. now owns 3,562 shares of the company’s stock valued at $430,000 after purchasing an additional 1,514 shares during the last quarter. New York State Teachers Retirement System increased its holdings in shares of Helen of Troy by 7.9% in the fourth quarter. New York State Teachers Retirement System now owns 30,537 shares of the company’s stock valued at $3,689,000 after purchasing an additional 2,223 shares during the last quarter. Moody Aldrich Partners LLC raised its position in shares of Helen of Troy by 5.1% in the fourth quarter. Moody Aldrich Partners LLC now owns 52,729 shares of the company’s stock valued at $6,370,000 after purchasing an additional 2,576 shares during the period. Finally, Louisiana State Employees Retirement System acquired a new stake in shares of Helen of Troy during the 4th quarter worth about $809,000.

Helen of Troy Trading Up 2.7 %

Shares of HELE stock traded up $1.65 on Tuesday, hitting $62.27. The company had a trading volume of 542,299 shares, compared to its average volume of 355,904. The stock’s 50-day moving average is $87.57 and its two-hundred day moving average is $103.58. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.87. The firm has a market cap of $1.42 billion, a P/E ratio of 9.50, a P/E/G ratio of 1.16 and a beta of 0.84. Helen of Troy Limited has a twelve month low of $54.82 and a twelve month high of $142.97.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Tuesday, July 9th. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60). The business had revenue of $416.80 million for the quarter, compared to analyst estimates of $445.85 million. Helen of Troy had a return on equity of 10.25% and a net margin of 7.82%. The business’s revenue was down 12.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.58 earnings per share. On average, equities research analysts anticipate that Helen of Troy Limited will post 6.33 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

HELE has been the topic of several research analyst reports. StockNews.com cut shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Wednesday, July 10th. DA Davidson downgraded Helen of Troy from a “buy” rating to a “neutral” rating and reduced their price target for the company from $139.00 to $67.00 in a research note on Wednesday, July 10th. Canaccord Genuity Group dropped their target price on Helen of Troy from $137.00 to $84.00 and set a “buy” rating for the company in a report on Wednesday, July 10th. Finally, UBS Group dropped their price objective on shares of Helen of Troy from $100.00 to $72.00 and set a “neutral” rating for the company in a research note on Wednesday, July 10th.

Helen of Troy 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.