Bank of Montreal Can acquired a new position in shares of Helen of Troy Limited (NASDAQ:HELE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,241 shares of the company’s stock, valued at approximately $122,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Koch Industries Inc. bought a new position in shares of Helen of Troy during the first quarter worth about $223,000. Diversified Trust Co bought a new position in shares of Helen of Troy during the first quarter worth about $257,000. Cim Investment Mangement Inc. bought a new position in shares of Helen of Troy during the first quarter worth about $295,000. First Citizens Bank & Trust Co. bought a new position in shares of Helen of Troy during the second quarter worth about $310,000. Finally, Xact Kapitalforvaltning AB raised its position in shares of Helen of Troy by 52.8% during the first quarter. Xact Kapitalforvaltning AB now owns 4,051 shares of the company’s stock worth $352,000 after acquiring an additional 1,400 shares during the last quarter. Institutional investors own 99.41% of the company’s stock.

Shares of HELE stock opened at $117.10 on Friday. The company has a market capitalization of $3.09 billion, a price-to-earnings ratio of 17.35, a price-to-earnings-growth ratio of 2.72 and a beta of 0.81. The company has a quick ratio of 1.11, a current ratio of 2.10 and a debt-to-equity ratio of 0.29. Helen of Troy Limited has a fifty-two week low of $81.10 and a fifty-two week high of $119.25.

Helen of Troy (NASDAQ:HELE) last issued its earnings results on Monday, July 9th. The company reported $1.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.54. The business had revenue of $354.70 million during the quarter, compared to the consensus estimate of $333.75 million. Helen of Troy had a return on equity of 19.01% and a net margin of 4.84%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.37 earnings per share. research analysts anticipate that Helen of Troy Limited will post 7 earnings per share for the current year.

In other Helen of Troy news, insider Vincent D. Carson sold 6,531 shares of Helen of Troy stock in a transaction that occurred on Thursday, July 12th. The stock was sold at an average price of $111.28, for a total value of $726,769.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.62% of the company’s stock.

A number of equities research analysts have weighed in on HELE shares. ValuEngine downgraded Helen of Troy from a “hold” rating to a “sell” rating in a report on Thursday, May 3rd. BidaskClub upgraded Helen of Troy from a “hold” rating to a “buy” rating in a report on Friday, May 4th. Zacks Investment Research upgraded Helen of Troy from a “hold” rating to a “buy” rating and set a $102.00 target price for the company in a report on Thursday, May 31st. DA Davidson lifted their target price on Helen of Troy to $106.00 and gave the stock a “buy” rating in a report on Wednesday, June 6th. Finally, TheStreet upgraded Helen of Troy from a “c+” rating to a “b-” rating in a report on Thursday, June 14th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Helen of Troy presently has an average rating of “Buy” and an average price target of $115.75.

Helen of Troy Profile

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

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

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