Cooke & Bieler LP Sells 48,570 Shares of Helen of Troy Ltd. (HELE)
Cooke & Bieler LP decreased its position in Helen of Troy Ltd. (NASDAQ:HELE) by 26.3% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 136,322 shares of the company’s stock after selling 48,570 shares during the period. Cooke & Bieler LP owned 0.49% of Helen of Troy worth $14,019,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently bought and sold shares of HELE. Renaissance Technologies LLC boosted its stake in Helen of Troy by 270.2% in the first quarter. Renaissance Technologies LLC now owns 117,010 shares of the company’s stock worth $12,133,000 after buying an additional 85,400 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Helen of Troy by 5.4% in the first quarter. Geode Capital Management LLC now owns 192,853 shares of the company’s stock worth $19,996,000 after buying an additional 9,847 shares during the period. Loomis Sayles & Co. L P increased its position in shares of Helen of Troy by 32.1% in the first quarter. Loomis Sayles & Co. L P now owns 130,219 shares of the company’s stock worth $13,502,000 after buying an additional 31,679 shares during the period. Riverhead Capital Management LLC increased its position in shares of Helen of Troy by 13.4% in the first quarter. Riverhead Capital Management LLC now owns 6,579 shares of the company’s stock worth $682,000 after buying an additional 779 shares during the period. Finally, AXA increased its position in shares of Helen of Troy by 10.3% in the first quarter. AXA now owns 57,000 shares of the company’s stock worth $5,910,000 after buying an additional 5,300 shares during the period. 95.34% of the stock is owned by institutional investors.
Helen of Troy Ltd. (NASDAQ:HELE) traded up 0.55% during trading on Tuesday, reaching $82.80. The company had a trading volume of 67,311 shares. Helen of Troy Ltd. has a 52-week low of $79.01 and a 52-week high of $106.50. The company has a 50-day moving average of $86.93 and a 200-day moving average of $96.25. The firm has a market capitalization of $2.31 billion, a P/E ratio of 22.59 and a beta of 1.00.
Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings data on Thursday, October 6th. The company reported $1.31 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.17. The firm earned $368.17 million during the quarter. Helen of Troy had a return on equity of 18.63% and a net margin of 6.70%. The firm’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.12 earnings per share. Analysts expect that Helen of Troy Ltd. will post $6.16 EPS for the current fiscal year.
A number of brokerages have recently issued reports on HELE. Zacks Investment Research raised Helen of Troy from a “hold” rating to a “buy” rating and set a $113.00 target price for the company in a research note on Tuesday, July 12th. Sidoti began coverage on Helen of Troy in a research note on Thursday, August 25th. They set a “neutral” rating and a $102.00 target price for the company. Jefferies Group set a $116.00 target price on Helen of Troy and gave the stock a “buy” rating in a research note on Wednesday, October 5th. Finally, KeyCorp reissued a “hold” rating on shares of Helen of Troy in a research note on Thursday, October 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $107.50.
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.
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