American Century Companies Inc. Sells 2,179 Shares of Helen of Troy Limited (NASDAQ:HELE)

American Century Companies Inc. reduced its holdings in shares of Helen of Troy Limited (NASDAQ:HELE) by 52.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,008 shares of the company’s stock after selling 2,179 shares during the period. American Century Companies Inc.’s holdings in Helen of Troy were worth $458,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of HELE. Capital International Investors lifted its stake in shares of Helen of Troy by 85.6% during the 1st quarter. Capital International Investors now owns 446,591 shares of the company’s stock worth $94,079,000 after acquiring an additional 205,973 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Helen of Troy by 38.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 704,234 shares of the company’s stock worth $148,354,000 after buying an additional 194,881 shares during the last quarter. Boston Trust Walden Corp purchased a new position in Helen of Troy during the 2nd quarter worth $30,276,000. Lord Abbett & CO. LLC grew its stake in Helen of Troy by 33.2% during the 1st quarter. Lord Abbett & CO. LLC now owns 389,382 shares of the company’s stock worth $82,027,000 after buying an additional 97,018 shares during the last quarter. Finally, Clark Capital Management Group Inc. grew its stake in Helen of Troy by 676.3% during the 1st quarter. Clark Capital Management Group Inc. now owns 90,590 shares of the company’s stock worth $19,084,000 after buying an additional 78,920 shares during the last quarter.

In related news, CEO Julien Mininberg sold 2,079 shares of the company’s stock in a transaction dated Tuesday, August 10th. The stock was sold at an average price of $235.79, for a total value of $490,207.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Vincent D. Carson sold 2,525 shares of the company’s stock in a transaction dated Wednesday, August 11th. The stock was sold at an average price of $234.83, for a total value of $592,945.75. The disclosure for this sale can be found here. In the last three months, insiders sold 8,869 shares of company stock valued at $2,087,859. Insiders own 0.93% of the company’s stock.

Separately, Zacks Investment Research upgraded Helen of Troy from a “strong sell” rating to a “buy” rating and set a $252.00 target price on the stock in a research note on Wednesday, September 8th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $241.25.

Helen of Troy stock opened at $229.52 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.90 and a current ratio of 1.85. The business’s 50-day simple moving average is $229.74 and its two-hundred day simple moving average is $223.44. The company has a market cap of $5.53 billion, a PE ratio of 23.00, a PEG ratio of 3.23 and a beta of 0.84. Helen of Troy Limited has a fifty-two week low of $181.85 and a fifty-two week high of $265.97.

Helen of Troy (NASDAQ:HELE) last posted its quarterly earnings results on Wednesday, July 7th. The company reported $3.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.63 by $0.85. The business had revenue of $541.20 million for the quarter, compared to the consensus estimate of $438.91 million. Helen of Troy had a return on equity of 23.94% and a net margin of 11.29%. The company’s quarterly revenue was up 28.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.53 EPS. As a group, analysts predict that Helen of Troy Limited will post 9.07 EPS for the current fiscal year.

Helen of Troy Company Profile

Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the following segments: Housewares, Healthcare and Home, and Beauty. The Housewares segment offers food preparation tools, containers, electronics, baby care, and cleaning products.

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Institutional Ownership by Quarter for Helen of Troy (NASDAQ:HELE)

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