James Investment Research Inc. decreased its stake in Helen of Troy Limited (NASDAQ:HELE) by 85.0% during the second quarter, Holdings Channel reports. The firm owned 25,629 shares of the company’s stock after selling 145,211 shares during the period. James Investment Research Inc.’s holdings in Helen of Troy Limited were worth $2,412,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. purchased a new position in shares of Helen of Troy Limited during the fourth quarter valued at about $178,000. Thrivent Financial for Lutherans boosted its position in shares of Helen of Troy Limited by 9.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 4,790 shares of the company’s stock valued at $405,000 after buying an additional 420 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted 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 valued at $118,000 after buying an additional 406 shares during the period. Norges Bank purchased a new position in shares of Helen of Troy Limited during the fourth quarter valued at about $25,356,000. 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. Hedge funds and other institutional investors own 90.47% of the company’s stock.

Shares of Helen of Troy Limited (NASDAQ:HELE) opened at 93.20 on Monday. Helen of Troy Limited has a 1-year low of $77.50 and a 1-year high of $102.04. The company has a market capitalization 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 announced 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 return on equity of 17.70% and a net margin of 8.23%. The firm had revenue of $359.61 million for the quarter, compared to analysts’ expectations of $358.40 million. During the same period in the prior year, the business posted $1.27 earnings per share. The business’s revenue was up 3.4% compared to the same quarter last year. Equities analysts anticipate that Helen of Troy Limited will post $6.73 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. and international copyright & trademark law. The legal version of this piece can be viewed at https://www.watchlistnews.com/james-investment-research-inc-sells-145211-shares-of-helen-of-troy-limited-nasdaqhele/1445120.html.

HELE has been the topic of several research analyst reports. Sidoti restated a “buy” rating and set a $108.00 price objective (down from $112.00) on shares of Helen of Troy Limited in a research note on Saturday, April 29th. Zacks Investment Research cut Helen of Troy Limited from a “hold” rating to a “sell” rating in a research note on Friday, April 28th. Finally, BidaskClub cut Helen of Troy Limited from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $102.75.

In other Helen of Troy Limited news, 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 value of $100,933.20. Following the transaction, the vice president now owns 756 shares of the company’s stock, valued at $72,122.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Gary B. Abromovitz sold 3,000 shares of the business’s stock in a transaction on Tuesday, May 9th. The stock was sold at an average price of $94.76, for a total value of $284,280.00. Following the completion of the transaction, the director now directly owns 8,743 shares in the company, valued at approximately $828,486.68. The disclosure for this sale can be found here. 0.57% of the stock is currently owned by insiders.

About Helen of Troy Limited

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.

Want to see what other hedge funds are holding HELE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helen of Troy Limited (NASDAQ:HELE).

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

Receive News & Ratings for Helen of Troy Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Helen of Troy Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.