ING Groep NV purchased a new position in shares of Helen of Troy Limited (NASDAQ:HELE) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,291 shares of the company’s stock, valued at approximately $310,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Victory Capital Management Inc. boosted 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 valued at about $178,000. Wealthsource Partners LLC purchased a new position in shares of Helen of Troy Limited during the first quarter valued at about $200,000. LS Investment Advisors LLC boosted its position in shares of Helen of Troy Limited by 17.7% in the second quarter. LS Investment Advisors LLC now owns 2,134 shares of the company’s stock valued at $201,000 after buying an additional 321 shares during the period. Finally, Teacher Retirement System of Texas purchased a new position in shares of Helen of Troy Limited during the first quarter valued at about $209,000. 89.95% of the stock is owned by institutional investors.

Shares of Helen of Troy Limited (NASDAQ:HELE) traded down 0.05% during mid-day trading on Thursday, hitting $100.20. 69,412 shares of the stock were exchanged. Helen of Troy Limited has a 52-week low of $77.50 and a 52-week high of $101.95. The stock has a 50-day moving average price of $96.07 and a 200 day moving average price of $94.55. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 21.75 and a beta of 0.95.

Helen of Troy Limited (NASDAQ:HELE) last announced its quarterly earnings data on Monday, July 10th. The company reported $1.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.29 by $0.08. The firm had revenue of $359.61 million during the quarter, compared to analyst estimates of $358.40 million. Helen of Troy Limited had a net margin of 8.23% and a return on equity of 17.70%. Helen of Troy Limited’s revenue was up 3.4% on a year-over-year basis. During the same period last year, the firm posted $1.27 EPS. On average, equities research analysts expect that Helen of Troy Limited will post $6.73 earnings per share for the current year.

Helen of Troy Limited declared that its Board of Directors has approved a stock buyback plan on Monday, May 15th that authorizes the company to repurchase $400.00 million in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

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Several research analysts have issued reports on HELE shares. Sidoti reaffirmed a “buy” rating and issued a $108.00 target price (down from $112.00) on shares of Helen of Troy Limited in a report on Saturday, April 29th. Zacks Investment Research cut shares of Helen of Troy Limited from a “hold” rating to a “sell” rating in a report on Friday, April 28th. Finally, BidaskClub cut shares of Helen of Troy Limited from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Helen of Troy Limited currently has a consensus rating of “Buy” and an average target price of $102.75.

In related news, VP Richard J. Oppenheim sold 1,058 shares of the stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $95.40, for a total value of $100,933.20. Following the completion of the transaction, the vice president now directly owns 756 shares of the company’s stock, valued at approximately $72,122.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.57% of the company’s stock.

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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Institutional Ownership by Quarter for Helen of Troy Limited (NASDAQ:HELE)

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