Parametrica Management Ltd purchased a new stake in shares of Helen of Troy Limited (NASDAQ:HELE) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 3,810 shares of the company’s stock, valued at approximately $359,000.

Other institutional investors also recently modified their holdings of the company. Russell Investments Group Ltd. boosted its position in shares of Helen of Troy Limited by 192.6% in the second quarter. Russell Investments Group Ltd. now owns 6,089 shares of the company’s stock valued at $573,000 after buying an additional 4,008 shares during the period. State Treasurer State of Michigan boosted its position in shares of Helen of Troy Limited by 1.8% in the second quarter. State Treasurer State of Michigan now owns 11,200 shares of the company’s stock valued at $1,054,000 after buying an additional 200 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of Helen of Troy Limited by 4.4% in the second quarter. Louisiana State Employees Retirement System now owns 7,100 shares of the company’s stock valued at $668,000 after buying an additional 300 shares during the period. LS Investment Advisors LLC boosted its position in shares of Helen of Troy Limited by 17.7% in the second quarter. LS Investment Advisors LLC now owns 2,134 shares of the company’s stock valued at $201,000 after buying an additional 321 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its position in shares of Helen of Troy Limited by 4.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 10,390 shares of the company’s stock valued at $978,000 after buying an additional 457 shares during the period. Hedge funds and other institutional investors own 89.95% of the company’s stock.

Shares of Helen of Troy Limited (HELE) opened at 100.80 on Monday. The firm has a 50-day moving average price of $94.92 and a 200-day moving average price of $94.21. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of 21.88 and a beta of 0.95. Helen of Troy Limited has a one year low of $77.50 and a one year high of $101.60.

Helen of Troy Limited (NASDAQ:HELE) last announced its quarterly earnings results on Monday, July 10th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.29 by $0.08. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The company had revenue of $359.61 million for the quarter, compared to analyst estimates of $358.40 million. During the same quarter last year, the business earned $1.27 earnings per share. Helen of Troy Limited’s revenue was up 3.4% compared to the same quarter last year. Analysts anticipate that Helen of Troy Limited will post $6.73 earnings per share for the current fiscal year.

Helen of Troy Limited declared that its board has initiated a stock repurchase plan on Monday, May 15th that authorizes the company to repurchase $400.00 million in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

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A number of brokerages have weighed in on HELE. BidaskClub raised Helen of Troy Limited from a “hold” rating to a “buy” rating in a report on Monday, July 24th. Zacks Investment Research raised Helen of Troy Limited from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Finally, Sidoti reaffirmed a “buy” rating and issued a $108.00 price objective (down previously from $112.00) on shares of Helen of Troy Limited in a report on Saturday, April 29th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Buy” 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 firm’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $95.40, for a total value of $100,933.20. Following the sale, the vice president now owns 756 shares in the company, valued at $72,122.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary B. Abromovitz sold 3,000 shares of the firm’s stock in a transaction that occurred 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 approximately $828,486.68. The disclosure for this sale can be found here. 0.57% of the stock is currently owned by company insiders.

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.

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

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