Mesirow Financial Investment Management Equity Management acquired a new position in Helen of Troy Limited (NASDAQ:HELE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 71,986 shares of the company’s stock, valued at approximately $9,443,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Renaissance Technologies LLC bought a new position in shares of Helen of Troy in the 2nd quarter worth $1,675,000. Millennium Management LLC bought a new position in shares of Helen of Troy in the 2nd quarter worth $3,528,000. California Public Employees Retirement System lifted its holdings in Helen of Troy by 3.4% during the second quarter. California Public Employees Retirement System now owns 62,628 shares of the company’s stock worth $6,166,000 after acquiring an additional 2,071 shares in the last quarter. First Hawaiian Bank bought a new position in Helen of Troy during the third quarter worth about $613,000. Finally, Strs Ohio lifted its holdings in Helen of Troy by 150.0% during the third quarter. Strs Ohio now owns 2,500 shares of the company’s stock worth $327,000 after acquiring an additional 1,500 shares in the last quarter. 94.33% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have weighed in on HELE shares. Bank of America set a $151.00 target price on Helen of Troy and gave the stock a “buy” rating in a report on Monday, November 19th. Zacks Investment Research lowered Helen of Troy from a “hold” rating to a “sell” rating in a report on Monday, January 21st. Finally, BidaskClub lowered Helen of Troy from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 10th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. Helen of Troy presently has a consensus rating of “Buy” and a consensus price target of $141.67.

Shares of Helen of Troy stock opened at $114.66 on Monday. The stock has a market capitalization of $2.94 billion, a PE ratio of 16.99, a PEG ratio of 2.80 and a beta of 0.69. Helen of Troy Limited has a one year low of $81.10 and a one year high of $145.46. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.11 and a current ratio of 2.01.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings results on Tuesday, January 8th. The company reported $2.40 EPS for the quarter, beating analysts’ consensus estimates of $2.16 by $0.24. The company had revenue of $431.10 million for the quarter, compared to analyst estimates of $425.76 million. Helen of Troy had a return on equity of 18.45% and a net margin of 12.19%. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.52 earnings per share. Analysts predict that Helen of Troy Limited will post 7.03 earnings per share for the current fiscal year.

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Helen of Troy Profile

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

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

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