KeyCorp reiterated their hold rating on shares of Helen of Troy Limited (NASDAQ:HELE) in a report published on Friday.

Several other brokerages have also recently issued reports on HELE. BidaskClub cut Helen of Troy Limited from a hold rating to a sell rating in a research note on Wednesday, June 21st. Bank of America Corporation initiated coverage on Helen of Troy Limited in a research note on Tuesday, August 29th. They issued an underperform rating and a $87.00 price objective on the stock. Finally, CL King initiated coverage on Helen of Troy Limited in a research note on Tuesday, September 12th. They issued a buy rating and a $104.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $99.40.

Shares of Helen of Troy Limited (HELE) opened at 88.55 on Friday. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 19.22 and a beta of 0.99. Helen of Troy Limited has a 52-week low of $77.50 and a 52-week high of $102.88. The company’s 50 day moving average price is $94.53 and its 200 day moving average price is $94.60.

Helen of Troy Limited (NASDAQ:HELE) last announced its quarterly earnings data on Thursday, October 5th. The company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.29. Helen of Troy Limited had a return on equity of 14.98% and a net margin of 6.93%. The company had revenue of $378.46 million for the quarter, compared to analysts’ expectations of $377.08 million. During the same quarter in the prior year, the firm earned $1.31 earnings per share. Helen of Troy Limited’s revenue was up 2.8% compared to the same quarter last year. On average, analysts predict that Helen of Troy Limited will post $6.72 EPS for the current year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in HELE. Strs Ohio boosted its position in Helen of Troy Limited by 43.8% during the 1st quarter. Strs Ohio now owns 2,300 shares of the company’s stock valued at $216,000 after acquiring an additional 700 shares in the last quarter. UBS Asset Management Americas Inc. boosted its position in shares of Helen of Troy Limited by 46.3% in the 1st quarter. UBS Asset Management Americas Inc. now owns 14,032 shares of the company’s stock worth $1,322,000 after purchasing an additional 4,443 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Helen of Troy Limited by 26.5% in the 1st quarter. Ameriprise Financial Inc. now owns 92,813 shares of the company’s stock worth $8,744,000 after purchasing an additional 19,418 shares in the last quarter. Parametric Portfolio Associates LLC boosted its position in shares of Helen of Troy Limited by 5.6% in the 1st quarter. Parametric Portfolio Associates LLC now owns 37,644 shares of the company’s stock worth $3,546,000 after purchasing an additional 2,013 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Helen of Troy Limited by 6.1% in the 1st quarter. JPMorgan Chase & Co. now owns 259,209 shares of the company’s stock worth $24,417,000 after purchasing an additional 14,906 shares in the last quarter. 89.89% of the stock is currently owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Helen of Troy Limited (NASDAQ:HELE)

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