Pacific Ridge Capital Partners LLC Buys 4,774 Shares of Helen of Troy Limited (NASDAQ:HELE)

Pacific Ridge Capital Partners LLC lifted its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 87.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 10,230 shares of the company’s stock after acquiring an additional 4,774 shares during the period. Pacific Ridge Capital Partners LLC’s holdings in Helen of Troy were worth $612,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in HELE. State Street Corp grew its holdings in shares of Helen of Troy by 3.7% during the 3rd quarter. State Street Corp now owns 894,681 shares of the company’s stock valued at $55,336,000 after purchasing an additional 31,582 shares during the last quarter. Pzena Investment Management LLC grew its position in shares of Helen of Troy by 21.4% in the 4th quarter. Pzena Investment Management LLC now owns 705,711 shares of the company’s stock worth $42,223,000 after buying an additional 124,269 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Helen of Troy by 17.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company’s stock valued at $28,847,000 after purchasing an additional 72,076 shares during the period. William Blair Investment Management LLC boosted its stake in shares of Helen of Troy by 2.0% during the 4th quarter. William Blair Investment Management LLC now owns 440,851 shares of the company’s stock valued at $26,376,000 after purchasing an additional 8,597 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Helen of Troy by 104.3% during the fourth quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company’s stock valued at $20,893,000 after buying an additional 178,310 shares during the period.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HELE shares. UBS Group reduced their price target on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th.

Helen of Troy Stock Up 2.1 %

Shares of NASDAQ:HELE opened at $51.45 on Thursday. Helen of Troy Limited has a 12-month low of $48.05 and a 12-month high of $116.13. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 10.37, a PEG ratio of 1.80 and a beta of 0.90. The stock has a fifty day simple moving average of $57.60 and a two-hundred day simple moving average of $62.02. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

Helen of Troy (NASDAQ:HELE) last announced its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.60 by $0.07. The company had revenue of $530.70 million for the quarter, compared to analysts’ expectations of $532.91 million. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. Helen of Troy’s revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.79 EPS. On average, research analysts anticipate that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

Helen of Troy Profile

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.