Arrowstreet Capital Limited Partnership Buys 528,305 Shares of Helen of Troy Limited (NASDAQ:HELE)

Arrowstreet Capital Limited Partnership grew its stake in Helen of Troy Limited (NASDAQ:HELE) by 446.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 646,746 shares of the company’s stock after acquiring an additional 528,305 shares during the period. Arrowstreet Capital Limited Partnership owned 2.83% of Helen of Troy worth $38,695,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Helen of Troy by 116.0% in the third 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 purchasing an additional 30,993 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Helen of Troy by 5.2% during the 4th quarter. Principal Financial Group Inc. now owns 131,305 shares of the company’s stock worth $7,856,000 after buying an additional 6,471 shares in the last quarter. Swiss National Bank grew its position in shares of Helen of Troy by 0.9% during the 4th quarter. Swiss National Bank now owns 45,000 shares of the company’s stock worth $2,692,000 after buying an additional 400 shares in the last quarter. KBC Group NV increased its stake 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 period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Helen of Troy in the fourth quarter valued at about $484,000.

Helen of Troy Price Performance

HELE opened at $53.26 on Thursday. The firm has a market capitalization of $1.22 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of 1.80 and a beta of 0.90. The business’s 50-day moving average is $56.46 and its two-hundred day moving average is $61.95. Helen of Troy Limited has a 1 year low of $48.05 and a 1 year high of $111.12. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings data on Wednesday, January 8th. The company reported $2.67 EPS for the quarter, topping the consensus estimate of $2.60 by $0.07. The firm had revenue of $530.70 million during 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%. Helen of Troy’s revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.79 EPS. Research analysts anticipate that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

HELE has been the topic of a number of research reports. UBS Group cut their target price on shares of 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 shares of Helen of Troy from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th.

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.