Moody Aldrich Partners LLC Invests $2.16 Million in Helen of Troy Limited (NASDAQ:HELE)

Moody Aldrich Partners LLC bought a new position in shares of Helen of Troy Limited (NASDAQ:HELE) in the second quarter, Holdings Channel.com reports. The institutional investor bought 11,427 shares of the company’s stock, valued at approximately $2,155,000.

A number of other large investors have also modified their holdings of HELE. Advisor Group Holdings Inc. purchased a new position in shares of Helen of Troy during the 1st quarter valued at approximately $283,000. State Street Corp grew its position in shares of Helen of Troy by 5.9% in the 1st quarter. State Street Corp now owns 883,131 shares of the company’s stock valued at $127,197,000 after buying an additional 48,850 shares during the last quarter. Lenox Wealth Management Inc. grew its position in shares of Helen of Troy by 50.6% in the 1st quarter. Lenox Wealth Management Inc. now owns 393 shares of the company’s stock valued at $56,000 after buying an additional 132 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of Helen of Troy by 3.3% in the 2nd quarter. Louisiana State Employees Retirement System now owns 6,300 shares of the company’s stock valued at $1,188,000 after buying an additional 200 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its position in Helen of Troy by 55.4% during the 4th quarter. Advisors Asset Management Inc. now owns 1,198 shares of the company’s stock worth $215,000 after purchasing an additional 427 shares during the last quarter. Institutional investors own 96.60% of the company’s stock.

In other news, CEO Julien Mininberg sold 199 shares of the business’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $205.87, for a total value of $40,968.13. Following the completion of the sale, the chief executive officer now directly owns 116,470 shares in the company, valued at $23,977,678.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian Grass sold 4,310 shares of the company’s stock in a transaction on Monday, July 13th. The stock was sold at an average price of $206.06, for a total transaction of $888,118.60. Following the sale, the chief financial officer now directly owns 33,014 shares of the company’s stock, valued at $6,802,864.84. The disclosure for this sale can be found here. Insiders have sold a total of 12,667 shares of company stock valued at $2,541,577 over the last 90 days. Corporate insiders own 0.90% of the company’s stock.

HELE has been the topic of several analyst reports. CL King lifted their target price on shares of Helen of Troy from $170.00 to $210.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. DA Davidson raised their price objective on shares of Helen of Troy from $197.00 to $237.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Zacks Investment Research cut Helen of Troy from a “hold” rating to a “sell” rating and set a $190.00 target price on the stock. in a report on Wednesday, May 27th. Bank of America restated a “buy” rating and set a $190.00 price objective (up previously from $160.00) on shares of Helen of Troy in a report on Thursday, April 30th. Finally, ValuEngine cut Helen of Troy from a “hold” rating to a “sell” rating in a report on Wednesday, July 22nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. Helen of Troy presently has an average rating of “Hold” and an average price target of $205.40.

NASDAQ HELE traded down $1.31 during trading hours on Friday, hitting $188.25. The company had a trading volume of 120,248 shares, compared to its average volume of 199,933. Helen of Troy Limited has a fifty-two week low of $104.01 and a fifty-two week high of $209.99. The company has a quick ratio of 1.31, a current ratio of 2.07 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $187.86 and a 200-day simple moving average of $169.91. The firm has a market cap of $4.77 billion, a P/E ratio of 27.77, a price-to-earnings-growth ratio of 3.02 and a beta of 0.93.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Thursday, July 9th. The company reported $2.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $1.04. The firm had revenue of $420.80 million for the quarter, compared to analyst estimates of $347.08 million. Helen of Troy had a return on equity of 20.17% and a net margin of 9.81%. Helen of Troy’s revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company earned $2.06 earnings per share. Equities analysts forecast that Helen of Troy Limited will post 9.56 EPS for the current fiscal year.

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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