Clark Estates Inc. NY Invests $2.26 Million in Helen of Troy Limited (NASDAQ:HELE)

Clark Estates Inc. NY bought a new position in Helen of Troy Limited (NASDAQ:HELE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 37,700 shares of the company’s stock, valued at approximately $2,256,000. Clark Estates Inc. NY owned 0.16% of Helen of Troy at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in shares of Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after purchasing an additional 237 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in Helen of Troy in the 4th quarter valued at $44,000. Public Employees Retirement System of Ohio boosted its stake in shares of Helen of Troy by 30.3% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock worth $48,000 after buying an additional 182 shares during the last quarter. KBC Group NV grew its holdings in shares of Helen of Troy by 73.1% in the 4th quarter. KBC Group NV now owns 1,352 shares of the company’s stock valued at $81,000 after acquiring an additional 571 shares in the last quarter. Finally, Empowered Funds LLC acquired a new stake in shares of Helen of Troy in the fourth quarter valued at about $150,000.

Helen of Troy Stock Performance

Shares of NASDAQ HELE opened at $53.28 on Wednesday. Helen of Troy Limited has a 12 month low of $48.05 and a 12 month high of $125.54. The stock has a 50 day moving average of $59.99 and a 200-day moving average of $62.07. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $1.22 billion, a P/E ratio of 10.74, a P/E/G ratio of 1.80 and a beta of 0.91.

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

Analyst Upgrades and Downgrades

HELE has been the subject of a number of analyst reports. UBS Group decreased their price target on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. StockNews.com raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. Finally, DA Davidson upped their price target on shares of Helen of Troy from $71.00 to $78.00 and gave the stock 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.