Helen of Troy Limited (NASDAQ:HELE) Shares Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its stake in Helen of Troy Limited (NASDAQ:HELE) by 446.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 646,746 shares of the company’s stock after purchasing an additional 528,305 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Helen of Troy were worth $38,695,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its stake in Helen of Troy by 14.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 410,078 shares of the company’s stock valued at $25,363,000 after purchasing an additional 53,016 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Helen of Troy by 49.5% during the third quarter. BNP Paribas Financial Markets now owns 7,405 shares of the company’s stock worth $458,000 after purchasing an additional 2,453 shares during the period. Public Sector Pension Investment Board purchased a new stake in Helen of Troy in the third quarter valued at approximately $2,994,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Helen of Troy by 116.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,716 shares of the company’s stock worth $3,570,000 after buying an additional 30,993 shares during the period. Finally, Edgestream Partners L.P. purchased a new position in Helen of Troy during the 3rd quarter worth approximately $654,000.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. UBS Group cut their price target 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.

Helen of Troy Price Performance

Shares of NASDAQ HELE opened at $53.26 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. The firm’s 50 day simple moving average is $56.46 and its 200-day simple moving average is $61.95. Helen of Troy Limited has a 12 month low of $48.05 and a 12 month high of $111.12. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 1.80 and a beta of 0.90.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.60 by $0.07. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The company had revenue of $530.70 million during the quarter, compared to analysts’ expectations of $532.91 million. During the same quarter in the previous year, the company earned $2.79 earnings per share. The firm’s revenue for the quarter 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.

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.