SG Americas Securities LLC Cuts Position in Helen of Troy Limited (HELE)
SG Americas Securities LLC trimmed its position in Helen of Troy Limited (NASDAQ:HELE) by 16.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,057 shares of the company’s stock after selling 1,582 shares during the period. SG Americas Securities LLC’s holdings in Helen of Troy were worth $781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HELE. American Century Companies Inc. acquired a new position in shares of Helen of Troy in the 3rd quarter valued at $23,056,000. Alliancebernstein L.P. grew its position in Helen of Troy by 296.3% during the 2nd quarter. Alliancebernstein L.P. now owns 282,067 shares of the company’s stock worth $26,543,000 after purchasing an additional 210,886 shares during the period. The Manufacturers Life Insurance Company grew its position in Helen of Troy by 425,092.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 59,527 shares of the company’s stock worth $5,601,000 after purchasing an additional 59,513 shares during the period. Renaissance Technologies LLC grew its position in Helen of Troy by 65.6% during the 2nd quarter. Renaissance Technologies LLC now owns 134,786 shares of the company’s stock worth $12,683,000 after purchasing an additional 53,376 shares during the period. Finally, AHL Partners LLP grew its position in Helen of Troy by 126.4% during the 2nd quarter. AHL Partners LLP now owns 79,265 shares of the company’s stock worth $7,459,000 after purchasing an additional 44,259 shares during the period. 91.76% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Helen of Troy Limited (HELE) opened at $88.20 on Wednesday. The firm has a market capitalization of $2,430.00, a PE ratio of 13.19, a price-to-earnings-growth ratio of 12.36 and a beta of 0.91. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.85 and a current ratio of 1.89. Helen of Troy Limited has a 12-month low of $79.90 and a 12-month high of $102.88.
Helen of Troy (NASDAQ:HELE) last posted its earnings results on Thursday, October 5th. The company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.29. Helen of Troy had a net margin of 6.93% and a return on equity of 18.28%. The business had revenue of $378.46 million for the quarter, compared to analyst estimates of $377.08 million. During the same period in the prior year, the company posted $1.31 EPS. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. equities analysts anticipate that Helen of Troy Limited will post 6.42 earnings per share for the current fiscal year.
In other news, Director Timothy F. Meeker sold 2,500 shares of the stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $94.00, for a total transaction of $235,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.57% of the company’s stock.
Several equities research analysts have weighed in on HELE shares. CL King started coverage on Helen of Troy in a research report on Tuesday, September 12th. They set a “buy” rating and a $104.00 price target on the stock. ValuEngine raised Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, October 10th. KeyCorp reaffirmed a “hold” rating on shares of Helen of Troy in a research report on Friday, October 6th. Bank of America started coverage on Helen of Troy in a research report on Tuesday, August 29th. They set an “underperform” rating and a $87.00 price target on the stock. Finally, BidaskClub downgraded Helen of Troy from a “buy” rating to a “hold” rating in a research report on Saturday, August 26th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $99.40.
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Helen of Troy Company Profile
Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.
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