Principal Financial Group Inc. Buys 1,336 Shares of Helen of Troy Limited (NASDAQ:HELE)

Principal Financial Group Inc. grew its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,753 shares of the company’s stock after buying an additional 1,336 shares during the period. Principal Financial Group Inc. owned 0.42% of Helen of Troy worth $12,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in Helen of Troy by 0.7% during the third quarter. Vanguard Group Inc. now owns 2,408,664 shares of the company’s stock valued at $280,754,000 after acquiring an additional 16,124 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Helen of Troy by 3.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 334,551 shares of the company’s stock valued at $38,995,000 after acquiring an additional 11,285 shares during the last quarter. Northern Trust Corp increased its position in Helen of Troy by 8.9% during the third quarter. Northern Trust Corp now owns 329,849 shares of the company’s stock valued at $38,447,000 after acquiring an additional 26,990 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in Helen of Troy by 16.6% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 198,124 shares of the company’s stock valued at $23,093,000 after acquiring an additional 28,210 shares during the last quarter. Finally, Rhumbline Advisers increased its position in Helen of Troy by 1.2% during the third quarter. Rhumbline Advisers now owns 91,027 shares of the company’s stock valued at $10,610,000 after acquiring an additional 1,106 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. UBS Group cut their price objective on shares of Helen of Troy from $121.00 to $100.00 and set a “neutral” rating on the stock in a research report on Thursday, April 25th. DA Davidson lowered their target price on shares of Helen of Troy from $151.00 to $139.00 and set a “buy” rating for the company in a research note on Thursday, April 25th.

Helen of Troy Stock Up 1.2 %

Shares of HELE opened at $104.78 on Friday. The firm has a market capitalization of $2.49 billion, a P/E ratio of 14.84, a P/E/G ratio of 1.59 and a beta of 0.82. Helen of Troy Limited has a 12-month low of $87.50 and a 12-month high of $143.68. The company has a current ratio of 1.87, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40. The firm has a fifty day moving average price of $104.32 and a 200-day moving average price of $112.04.

Helen of Troy (NASDAQ:HELE) last issued 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 firm had revenue of $489.20 million during the quarter, compared to analyst estimates of $477.88 million. Equities research analysts expect that Helen of Troy Limited will post 8.12 earnings per share for the current year.

Helen of Troy Company 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 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.