State of Tennessee Treasury Department lowered its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 38.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,800 shares of the company’s stock after selling 17,123 shares during the quarter. State of Tennessee Treasury Department owned 0.10% of Helen of Troy Limited worth $2,616,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HELE. Burney Co. purchased a new position in Helen of Troy Limited during the second quarter valued at approximately $571,000. Eagle Asset Management Inc. grew its position in Helen of Troy Limited by 1.6% during the second quarter. Eagle Asset Management Inc. now owns 49,314 shares of the company’s stock valued at $4,640,000 after purchasing an additional 759 shares in the last quarter. Principal Financial Group Inc. grew its position in Helen of Troy Limited by 4.0% during the second quarter. Principal Financial Group Inc. now owns 114,650 shares of the company’s stock valued at $10,788,000 after purchasing an additional 4,427 shares in the last quarter. Victory Capital Management Inc. grew its position in Helen of Troy Limited by 17.7% during the second quarter. Victory Capital Management Inc. now owns 1,966 shares of the company’s stock valued at $185,000 after purchasing an additional 295 shares in the last quarter. Finally, TrimTabs Asset Management LLC purchased a new position in Helen of Troy Limited during the second quarter valued at approximately $240,000. Institutional investors and hedge funds own 90.10% of the company’s stock.

Shares of Helen of Troy Limited (NASDAQ HELE) opened at 95.10 on Friday. Helen of Troy Limited has a 52 week low of $77.50 and a 52 week high of $102.88. The stock has a 50 day moving average of $96.98 and a 200-day moving average of $94.68. The firm has a market capitalization of $2.59 billion, a PE ratio of 20.65 and a beta of 0.97.

Helen of Troy Limited (NASDAQ:HELE) last released its earnings results on Monday, July 10th. The company reported $1.37 earnings per share 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 business had revenue of $359.61 million during the quarter, compared to analysts’ expectations of $358.40 million. During the same period last year, the business earned $1.27 earnings per share. The firm’s revenue was up 3.4% on a year-over-year basis. Equities analysts anticipate that Helen of Troy Limited will post $6.71 earnings per share for the current fiscal year.

A number of research analysts recently commented on the stock. BidaskClub raised shares of Helen of Troy Limited from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Bank of America Corporation assumed coverage on shares of Helen of Troy Limited in a research report on Tuesday, August 29th. They set an “underperform” rating and a $87.00 price objective on the stock. CL King assumed coverage on shares of Helen of Troy Limited in a research report on Tuesday, September 12th. They set a “buy” rating and a $104.00 price objective on the stock. Finally, Zacks Investment Research raised shares of Helen of Troy Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $100.33.

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

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