Trade Report: Today, Bank of Montreal Can invests in Helen of Troy Ltd. (HELE) Shares

Today, Bank of Montreal Can invests in Helen of Troy Ltd. (HELE) Shares

Bank of Montreal Can increased its stake in shares of Helen of Troy Ltd. (NASDAQ:HELE) by 10.0% during the third quarter, Holdings Channel reports. The institutional investor owned 3,412 shares of the company’s stock after buying an additional 311 shares during the period. Bank of Montreal Can’s holdings in Helen of Troy were worth $293,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Geode Capital Management LLC raised its position in shares of Helen of Troy by 5.4% in the first quarter. Geode Capital Management LLC now owns 192,853 shares of the company’s stock valued at $19,996,000 after buying an additional 9,847 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Helen of Troy by 270.2% in the first quarter. Renaissance Technologies LLC now owns 117,010 shares of the company’s stock valued at $12,133,000 after buying an additional 85,400 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Helen of Troy by 38.7% in the first quarter. Envestnet Asset Management Inc. now owns 14,094 shares of the company’s stock valued at $1,461,000 after buying an additional 3,936 shares during the last quarter. A.R.T. Advisors LLC acquired a new position in shares of Helen of Troy during the first quarter valued at about $703,000. Finally, BlueMountain Capital Management LLC acquired a new position in shares of Helen of Troy during the first quarter valued at about $1,377,000. 92.47% of the stock is owned by hedge funds and other institutional investors.

Shares of Helen of Troy Ltd. (NASDAQ:HELE) traded up 0.90% during midday trading on Friday, hitting $89.65. 104,389 shares of the stock were exchanged. The company has a market cap of $2.50 billion, a PE ratio of 24.45 and a beta of 0.96. The stock has a 50 day moving average price of $83.01 and a 200-day moving average price of $92.59. Helen of Troy Ltd. has a 12 month low of $77.50 and a 12 month high of $106.50.

Helen of Troy (NASDAQ:HELE) last issued its quarterly earnings data on Thursday, October 6th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.14 by $0.17. Helen of Troy had a net margin of 6.70% and a return on equity of 18.63%. The firm had revenue of $368.17 million for the quarter. During the same quarter in the prior year, the company posted $1.12 earnings per share. The business’s revenue was down .3% compared to the same quarter last year. On average, analysts predict that Helen of Troy Ltd. will post $6.05 EPS for the current year.

Several equities analysts have issued reports on the stock. Jefferies Group set a $114.00 price target on shares of Helen of Troy and gave the stock a “buy” rating in a report on Monday, August 1st. Sidoti raised shares of Helen of Troy from a “neutral” rating to a “buy” rating and set a $112.00 price target on the stock in a report on Friday, August 19th. Zacks Investment Research lowered shares of Helen of Troy from a “buy” rating to a “hold” rating in a report on Tuesday, September 6th. Finally, KeyCorp reaffirmed a “hold” rating on shares of Helen of Troy in a report on Thursday, October 6th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Helen of Troy currently has an average rating of “Hold” and a consensus target price of $107.50.

About Helen of Troy

Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has four segments. The Housewares segment provides a range of consumer products for the home.

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