Helen of Troy Limited (HELE) Shares Bought by Meeder Asset Management Inc.
Meeder Asset Management Inc. raised its position in shares of Helen of Troy Limited (NASDAQ:HELE) by 0.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,330 shares of the company’s stock after buying an additional 50 shares during the period. Meeder Asset Management Inc.’s holdings in Helen of Troy Limited were worth $878,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Helen of Troy Limited by 41.3% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,389 shares of the company’s stock worth $118,000 after buying an additional 406 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Helen of Troy Limited by 18.1% in the first quarter. Victory Capital Management Inc. now owns 1,671 shares of the company’s stock worth $157,000 after buying an additional 256 shares during the period. Russell Investments Group Ltd. purchased a new position in shares of Helen of Troy Limited during the fourth quarter worth approximately $178,000. Wealthsource Partners LLC purchased a new position in shares of Helen of Troy Limited during the first quarter worth approximately $200,000. Finally, Teacher Retirement System of Texas purchased a new position in shares of Helen of Troy Limited during the first quarter worth approximately $209,000. Institutional investors and hedge funds own 90.47% of the company’s stock.
Helen of Troy Limited (HELE) opened at 93.20 on Monday. Helen of Troy Limited has a 12-month low of $77.50 and a 12-month high of $102.04. The firm has a market cap of $2.54 billion, a PE ratio of 20.23 and a beta of 0.93. The firm has a 50-day moving average price of $92.88 and a 200 day moving average price of $92.71.
Helen of Troy Limited (NASDAQ:HELE) last released its quarterly earnings results on Monday, July 10th. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. The company had revenue of $359.61 million during the quarter, compared to the consensus estimate of $358.40 million. During the same period in the previous year, the business earned $1.27 earnings per share. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. Equities research analysts forecast that Helen of Troy Limited will post $6.73 EPS for the current year.
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A number of brokerages have commented on HELE. BidaskClub upgraded Helen of Troy Limited from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Zacks Investment Research upgraded Helen of Troy Limited from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Finally, Sidoti reiterated a “buy” rating and set a $108.00 price target (down previously from $112.00) on shares of Helen of Troy Limited in a research note on Saturday, April 29th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $102.75.
In other Helen of Troy Limited news, Director Gary B. Abromovitz sold 3,000 shares of the business’s stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $94.76, for a total transaction of $284,280.00. Following the sale, the director now owns 8,743 shares of the company’s stock, valued at $828,486.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Richard J. Oppenheim sold 1,058 shares of the business’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $95.40, for a total transaction of $100,933.20. Following the sale, the vice president now directly owns 756 shares in the company, valued at approximately $72,122.40. The disclosure for this sale can be found here. 0.57% of the stock is currently owned by insiders.
Helen of Troy Limited 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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