Pzena Investment Management LLC Purchases 124,269 Shares of Helen of Troy Limited (NASDAQ:HELE)

Pzena Investment Management LLC grew its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 21.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 705,711 shares of the company’s stock after acquiring an additional 124,269 shares during the quarter. Pzena Investment Management LLC’s holdings in Helen of Troy were worth $42,223,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of HELE. GAMMA Investing LLC increased its holdings in shares of Helen of Troy by 96.0% during the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after acquiring an additional 237 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Helen of Troy during the fourth quarter valued at approximately $44,000. Public Employees Retirement System of Ohio boosted its position in shares of Helen of Troy by 30.3% during the third quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock valued at $48,000 after buying an additional 182 shares during the last quarter. KBC Group NV boosted its position in shares of Helen of Troy by 73.1% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company’s stock valued at $81,000 after buying an additional 571 shares during the last quarter. Finally, Amundi boosted its position in shares of Helen of Troy by 40.9% during the fourth quarter. Amundi now owns 1,651 shares of the company’s stock valued at $97,000 after buying an additional 479 shares during the last quarter.

Helen of Troy Stock Down 2.6 %

HELE stock opened at $55.26 on Tuesday. The stock’s fifty day simple moving average is $59.60 and its two-hundred day simple moving average is $62.20. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a 1-year low of $48.05 and a 1-year high of $124.83. The stock has a market cap of $1.26 billion, a P/E ratio of 11.14, a P/E/G ratio of 1.80 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.60 by $0.07. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. The business had revenue of $530.70 million for the quarter, compared to analysts’ expectations of $532.91 million. During the same quarter in the previous year, the firm earned $2.79 earnings per share. The business’s revenue was down 3.4% on a year-over-year basis. Analysts expect that Helen of Troy Limited will post 6.46 EPS for the current year.

Wall Street Analysts Forecast Growth

HELE has been the topic of several analyst reports. UBS Group cut their target price on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. Finally, DA Davidson lifted their target price on Helen of Troy from $71.00 to $78.00 and gave the company a “neutral” rating in a research report on Monday, November 25th.

About Helen of Troy

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.