Helen of Troy Limited (NASDAQ:HELE) Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama lessened its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,737 shares of the company’s stock after selling 354 shares during the period. Retirement Systems of Alabama owned 0.13% of Helen of Troy worth $3,593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in HELE. Strs Ohio acquired a new stake in shares of Helen of Troy in the 3rd quarter worth approximately $93,000. Advisor Partners II LLC acquired a new stake in Helen of Troy in the third quarter worth approximately $202,000. AlphaMark Advisors LLC bought a new position in Helen of Troy during the 3rd quarter valued at $219,000. SG Americas Securities LLC increased its position in shares of Helen of Troy by 101.5% during the 3rd quarter. SG Americas Securities LLC now owns 2,114 shares of the company’s stock valued at $246,000 after purchasing an additional 1,065 shares during the period. Finally, NBC Securities Inc. bought a new stake in shares of Helen of Troy in the 3rd quarter worth $255,000.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. DA Davidson cut their price target on shares of Helen of Troy from $151.00 to $139.00 and set a “buy” rating on the stock in a report on Thursday, April 25th. Finally, UBS Group decreased their target price on Helen of Troy from $121.00 to $100.00 and set a “neutral” rating for the company in a research report on Thursday, April 25th.

Helen of Troy Stock Performance

HELE opened at $98.05 on Wednesday. The stock has a 50-day moving average of $108.52 and a 200-day moving average of $111.58. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.87. Helen of Troy Limited has a 52-week low of $87.50 and a 52-week high of $143.68. The company has a market cap of $2.33 billion, a PE ratio of 13.89, a price-to-earnings-growth ratio of 1.48 and a beta of 0.82.

Helen of Troy (NASDAQ:HELE) last posted its earnings results on Wednesday, April 24th. The company reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.11. Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The business had revenue of $489.20 million for the quarter, compared to analyst estimates of $477.88 million. As a group, equities research analysts forecast that Helen of Troy Limited will post 8.17 earnings per share for the current fiscal year.

About Helen of Troy

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 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, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.