Principal Financial Group Inc. decreased its position in shares of Helen of Troy Ltd. (NASDAQ:HELE) by 47.2% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 105,840 shares of the company’s stock after selling 94,495 shares during the period. Principal Financial Group Inc. owned 0.38% of Helen of Troy worth $10,885,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the stock. GW&K Investment Management LLC acquired a new stake in Helen of Troy during the second quarter worth approximately $25,009,000. State Treasurer State of Michigan acquired a new stake in Helen of Troy during the second quarter worth approximately $1,142,000. AXA boosted its stake in Helen of Troy by 10.3% in the first quarter. AXA now owns 57,000 shares of the company’s stock worth $5,910,000 after buying an additional 5,300 shares during the period. Loomis Sayles & Co. L P boosted its stake in Helen of Troy by 32.1% in the first quarter. Loomis Sayles & Co. L P now owns 130,219 shares of the company’s stock worth $13,502,000 after buying an additional 31,679 shares during the period. Finally, Riverhead Capital Management LLC boosted its stake in Helen of Troy by 13.4% in the first quarter. Riverhead Capital Management LLC now owns 6,579 shares of the company’s stock worth $682,000 after buying an additional 779 shares during the period. Hedge funds and other institutional investors own 94.71% of the company’s stock.
Helen of Troy Ltd. (NASDAQ:HELE) opened at 83.06 on Friday. Helen of Troy Ltd. has a 52 week low of $79.01 and a 52 week high of $106.50. The company has a 50-day moving average of $87.46 and a 200-day moving average of $96.65. The stock has a market capitalization of $2.31 billion, a price-to-earnings ratio of 22.66 and a beta of 1.00.
Helen of Troy (NASDAQ:HELE) last announced its earnings results on Thursday, October 6th. The company reported $1.31 EPS for the quarter, beating analysts’ consensus estimates 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 business earned $368.17 million during the quarter. During the same period in the previous year, the company posted $1.12 earnings per share. Helen of Troy’s quarterly revenue was down .3% on a year-over-year basis. Analysts anticipate that Helen of Troy Ltd. will post $6.16 earnings per share for the current year.
A number of equities research analysts have recently commented on HELE shares. KeyCorp restated a “hold” rating on shares of Helen of Troy in a research report on Thursday, October 6th. Zacks Investment Research cut Helen of Troy from a “hold” rating to a “sell” rating in a research report on Wednesday. Sidoti began coverage on Helen of Troy in a research report on Thursday, August 25th. They set a “neutral” rating and a $102.00 target price on the stock. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $114.00 price target on shares of Helen of Troy in a research note on Wednesday, July 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $107.50.
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