First Mercantile Trust Co. lowered its stake in Helen of Troy Limited (NASDAQ:HELE) by 1.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,040 shares of the company’s stock after selling 40 shares during the period. First Mercantile Trust Co.’s holdings in Helen of Troy Limited were worth $286,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. bought a new position in shares of Helen of Troy Limited during the fourth quarter worth about $178,000. BlackRock Inc. increased its position in shares of Helen of Troy Limited by 10.1% in the third quarter. BlackRock Inc. now owns 12,981 shares of the company’s stock worth $1,118,000 after buying an additional 1,196 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Helen of Troy Limited by 9.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 4,790 shares of the company’s stock worth $405,000 after buying an additional 420 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in Helen of Troy Limited by 3.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 865,008 shares of the company’s stock worth $74,538,000 after buying an additional 28,828 shares during the last quarter. Finally, Pinnacle Associates Ltd. boosted its stake in Helen of Troy Limited by 256.4% in the fourth quarter. Pinnacle Associates Ltd. now owns 47,262 shares of the company’s stock worth $3,991,000 after buying an additional 34,002 shares during the last quarter. Institutional investors and hedge funds own 96.52% of the company’s stock.

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

Shares of Helen of Troy Limited (NASDAQ:HELE) traded down 0.22% during trading on Friday, hitting $90.25. The stock had a trading volume of 49,923 shares. Helen of Troy Limited has a 12-month low of $77.50 and a 12-month high of $106.18. The stock’s 50-day moving average is $93.32 and its 200-day moving average is $90.95. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 17.91 and a beta of 0.98.

Helen of Troy Limited (NASDAQ:HELE) last announced its quarterly earnings data on Thursday, April 27th. The company reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.15. Helen of Troy Limited had a net margin of 7.41% and a return on equity of 19.24%. The business had revenue of $376.70 million during the quarter, compared to the consensus estimate of $379.11 million. During the same quarter in the prior year, the firm earned $2.03 EPS. The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. On average, equities research analysts expect that Helen of Troy Limited will post $6.67 EPS for the current year.

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A number of analysts have recently weighed in on the company. Sidoti reissued a “buy” rating and issued a $108.00 price objective (down previously from $112.00) on shares of Helen of Troy Limited in a research report on Saturday, April 29th. Zacks Investment Research cut Helen of Troy Limited from a “hold” rating to a “sell” rating in a research report on Friday, April 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $102.75.

In other Helen of Troy Limited news, VP Richard J. Oppenheim sold 1,058 shares of the company’s stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $95.40, for a total value of $100,933.20. Following the completion of the transaction, the vice president now owns 756 shares in the company, valued at approximately $72,122.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Gary B. Abromovitz sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $94.76, for a total transaction of $284,280.00. Following the completion of the transaction, the director now owns 8,743 shares of the company’s stock, valued at approximately $828,486.68. The disclosure for this sale can be found here. 0.47% of the stock is owned by corporate insiders.

About Helen of Troy Limited

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.

5 Day Chart for NASDAQ:HELE

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