Dynamic Technology Lab Private Ltd Sells 3,771 Shares of Helen of Troy Limited (HELE)

Dynamic Technology Lab Private Ltd decreased its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 64.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,075 shares of the company’s stock after selling 3,771 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Helen of Troy were worth $204,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of HELE. SG Americas Securities LLC increased its position in Helen of Troy by 19.4% during the 1st quarter. SG Americas Securities LLC now owns 6,463 shares of the company’s stock worth $562,000 after buying an additional 1,048 shares during the period. Swiss National Bank increased its position in Helen of Troy by 3.7% during the 1st quarter. Swiss National Bank now owns 47,500 shares of the company’s stock worth $4,133,000 after buying an additional 1,700 shares during the period. Schwab Charles Investment Management Inc. increased its position in Helen of Troy by 3.8% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 204,519 shares of the company’s stock worth $17,794,000 after buying an additional 7,456 shares during the period. Northern Trust Corp increased its position in Helen of Troy by 24.4% during the 1st quarter. Northern Trust Corp now owns 559,100 shares of the company’s stock worth $48,642,000 after buying an additional 109,700 shares during the period. Finally, BlackRock Inc. increased its position in Helen of Troy by 1.2% during the 1st quarter. BlackRock Inc. now owns 2,886,889 shares of the company’s stock worth $251,158,000 after buying an additional 33,142 shares during the period. Hedge funds and other institutional investors own 97.00% of the company’s stock.

Shares of NASDAQ HELE opened at $130.55 on Wednesday. The company has a current ratio of 2.10, a quick ratio of 1.11 and a debt-to-equity ratio of 0.29. Helen of Troy Limited has a 52 week low of $81.10 and a 52 week high of $132.50. The firm has a market capitalization of $3.44 billion, a P/E ratio of 19.37, a P/E/G ratio of 3.00 and a beta of 0.77.

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

In related news, insider Vincent D. Carson sold 6,531 shares of the firm’s stock in a transaction 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 legal filing with the SEC, which is available at this hyperlink. 0.62% of the stock is currently owned by company insiders.

HELE has been the topic of several recent research reports. Bank of America upgraded Helen of Troy from a “neutral” rating to a “buy” rating and set a $127.00 price objective on the stock in a research report on Monday, July 9th. DA Davidson raised their price target on Helen of Troy to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, September 4th. BidaskClub upgraded Helen of Troy from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 7th. ValuEngine upgraded Helen of Troy from a “sell” rating to a “hold” rating in a research report on Friday, June 8th. Finally, TheStreet upgraded Helen of Troy from a “c+” rating to a “b-” rating in a research report on Thursday, June 14th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $132.67.

Helen of Troy Company 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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