Olympiad Research LP Makes New $434,000 Investment in Helen of Troy Limited (NASDAQ:HELE)

Olympiad Research LP bought a new position in shares of Helen of Troy Limited (NASDAQ:HELE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,258 shares of the company’s stock, valued at approximately $434,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in HELE. Pacer Advisors Inc. grew its position in shares of Helen of Troy by 30,278.8% during the 3rd quarter. Pacer Advisors Inc. now owns 1,069,940 shares of the company’s stock worth $66,176,000 after purchasing an additional 1,066,418 shares in the last quarter. Pzena Investment Management LLC acquired a new position in shares of Helen of Troy during the 3rd quarter worth approximately $35,962,000. Invenomic Capital Management LP acquired a new position in shares of Helen of Troy during the 3rd quarter worth approximately $14,303,000. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Helen of Troy during the 3rd quarter worth approximately $13,800,000. Finally, Clearline Capital LP acquired a new position in shares of Helen of Troy during the 3rd quarter worth approximately $12,725,000.

Analyst Ratings Changes

A number of research analysts have issued reports on HELE shares. StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. UBS Group reduced their price target on shares of Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Finally, DA Davidson increased their price target on shares of Helen of Troy from $71.00 to $78.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th.

Helen of Troy Stock Performance

NASDAQ HELE opened at $58.79 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 11.85, a P/E/G ratio of 1.80 and a beta of 0.91. The firm’s 50 day simple moving average is $61.03 and its 200 day simple moving average is $61.78. Helen of Troy Limited has a 1 year low of $48.05 and a 1 year high of $127.83.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings results on Wednesday, January 8th. The company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.07. The business had revenue of $530.70 million for the quarter, compared to analyst estimates of $532.91 million. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter last year, the business posted $2.79 EPS. As a group, research analysts expect that Helen of Troy Limited will post 6.46 earnings per share for the current fiscal year.

Helen of Troy 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 storage containers, kitchen utensils for cooking and preparing salads, fruits, vegetables and meats, graters, slicers and choppers, baking essentials, kitchen organization, bath, cleaning, infant and toddler products, and coffee preparation tools and electronics; and insulated beverageware, including bottles, travel tumblers, drinkware, mugs, food and lunch containers, insulated totes, soft coolers, outdoor kitchenware, and accessories.