State Treasurer State of Michigan lowered its position in Helen of Troy Limited (NASDAQ:HELE) by 1.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,000 shares of the company’s stock after selling 200 shares during the period. State Treasurer State of Michigan’s holdings in Helen of Troy Limited were worth $1,036,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN raised its stake in Helen of Troy Limited by 13.7% in the first quarter. Wells Fargo & Company MN now owns 644,942 shares of the company’s stock worth $60,753,000 after buying an additional 77,825 shares during the period. Oregon Public Employees Retirement Fund raised its stake in shares of Helen of Troy Limited by 1.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 9,933 shares of the company’s stock worth $936,000 after buying an additional 100 shares during the last quarter. DUPONT CAPITAL MANAGEMENT Corp purchased a new stake in shares of Helen of Troy Limited during the first quarter worth $1,072,000. Strs Ohio raised its stake in shares of Helen of Troy Limited by 43.8% in the first quarter. Strs Ohio now owns 2,300 shares of the company’s stock worth $216,000 after buying an additional 700 shares during the last quarter. Finally, Shell Asset Management Co. purchased a new stake in shares of Helen of Troy Limited during the first quarter worth $541,000. Institutional investors own 91.55% of the company’s stock.

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

Helen of Troy Limited (NASDAQ HELE) traded down 0.80% on Friday, hitting $93.15. 291,755 shares of the company were exchanged. The firm has a 50 day moving average of $93.27 and a 200-day moving average of $92.13. Helen of Troy Limited has a 52-week low of $77.50 and a 52-week high of $104.99. The stock has a market cap of $2.52 billion, a PE ratio of 18.48 and a beta of 0.96.

Helen of Troy Limited (NASDAQ:HELE) last posted its quarterly earnings results on Thursday, April 27th. The company reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.15. The firm had revenue of $376.70 million for the quarter, compared to analysts’ expectations of $379.11 million. Helen of Troy Limited had a net margin of 9.15% and a return on equity of 17.70%. The firm’s quarterly revenue was down 2.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.03 earnings per share. On average, equities analysts expect that Helen of Troy Limited will post $6.67 earnings per share for the current fiscal year.

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A number of equities research analysts have recently weighed in on HELE shares. Sidoti restated a “buy” rating and issued a $108.00 price objective (down from $112.00) on shares of Helen of Troy Limited in a report on Saturday, April 29th. Zacks Investment Research lowered shares of Helen of Troy Limited from a “hold” rating to a “sell” rating in a 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 stock. The stock currently has an average rating of “Hold” and an average price target of $102.75.

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

Helen of Troy Limited Company Profile

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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