Bank of Nova Scotia Invests $633,000 in Helen of Troy Limited (NASDAQ:HELE)

Bank of Nova Scotia purchased a new stake in Helen of Troy Limited (NASDAQ:HELEGet Rating) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,898 shares of the company’s stock, valued at approximately $633,000.

Other hedge funds have also recently bought and sold shares of the company. Cooke & Bieler LP increased its position in shares of Helen of Troy by 7.7% in the first quarter. Cooke & Bieler LP now owns 1,463,173 shares of the company’s stock worth $286,548,000 after acquiring an additional 104,182 shares in the last quarter. Capital World Investors boosted its position in Helen of Troy by 12.8% during the 1st quarter. Capital World Investors now owns 881,000 shares of the company’s stock worth $172,535,000 after purchasing an additional 100,000 shares during the period. Cardinal Capital Management LLC CT increased its holdings in Helen of Troy by 64.8% in the 1st quarter. Cardinal Capital Management LLC CT now owns 181,640 shares of the company’s stock valued at $35,572,000 after purchasing an additional 71,453 shares in the last quarter. JPMorgan Chase & Co. raised its position in Helen of Troy by 3.2% in the first quarter. JPMorgan Chase & Co. now owns 1,423,441 shares of the company’s stock valued at $278,767,000 after purchasing an additional 44,694 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of Helen of Troy during the second quarter worth about $6,323,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Canaccord Genuity Group initiated coverage on Helen of Troy in a research note on Wednesday, November 16th. They issued a “buy” rating and a $120.00 target price for the company. DA Davidson dropped their price objective on shares of Helen of Troy from $175.00 to $115.00 and set a “neutral” rating on the stock in a research note on Thursday, October 6th. StockNews.com assumed coverage on shares of Helen of Troy in a research note on Wednesday, October 12th. They set a “sell” rating on the stock. Finally, Canaccord Genuity Group initiated coverage on Helen of Troy in a research note on Thursday. They set a “buy” rating and a $120.00 target price for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $164.80.

Helen of Troy Trading Down 6.6 %

HELE opened at $94.91 on Monday. Helen of Troy Limited has a 12-month low of $82.94 and a 12-month high of $256.26. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.12 and a quick ratio of 1.02. The stock has a market capitalization of $2.28 billion, a PE ratio of 13.48, a P/E/G ratio of 1.55 and a beta of 0.70. The firm’s fifty day moving average price is $99.53 and its 200 day moving average price is $134.86.

Helen of Troy (NASDAQ:HELEGet Rating) last issued its earnings results on Wednesday, October 5th. The company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.06. The business had revenue of $521.40 million for the quarter, compared to analyst estimates of $519.07 million. Helen of Troy had a net margin of 7.63% and a return on equity of 16.94%. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.35 EPS. As a group, research analysts expect that Helen of Troy Limited will post 7.64 EPS for the current fiscal year.

Helen of Troy Profile

(Get Rating)

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 through three segments: Home & Outdoor, Health & Wellness, and Beauty. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; insulated water bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs, luggage, daypacks, and everyday packs.

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

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