Jacobs Levy Equity Management Inc. Sells 1,221 Shares of Helen of Troy Limited (NASDAQ:HELE)

Jacobs Levy Equity Management Inc. trimmed its position in Helen of Troy Limited (NASDAQ:HELE) by 7.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 15,953 shares of the company’s stock after selling 1,221 shares during the period. Jacobs Levy Equity Management Inc.’s holdings in Helen of Troy were worth $954,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of HELE. Cooper Creek Partners Management LLC bought a new position in Helen of Troy in the 4th quarter valued at $41,248,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Helen of Troy by 446.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company’s stock valued at $38,695,000 after purchasing an additional 528,305 shares during the period. Medina Value Partners LLC lifted its stake in shares of Helen of Troy by 303.8% in the 4th quarter. Medina Value Partners LLC now owns 318,463 shares of the company’s stock valued at $19,054,000 after purchasing an additional 239,593 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Helen of Troy by 104.3% in the 4th quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company’s stock valued at $20,893,000 after purchasing an additional 178,310 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Helen of Troy by 80.5% in the 4th quarter. Bank of America Corp DE now owns 364,180 shares of the company’s stock valued at $21,789,000 after purchasing an additional 162,460 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on HELE shares. Canaccord Genuity Group cut their price target on Helen of Troy from $92.00 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. StockNews.com downgraded Helen of Troy from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd. Finally, UBS Group cut their price target on Helen of Troy from $68.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, April 17th.

Helen of Troy Stock Performance

Shares of Helen of Troy stock opened at $30.49 on Friday. The company has a market capitalization of $699.53 million, a PE ratio of 6.15, a PEG ratio of 1.80 and a beta of 0.91. Helen of Troy Limited has a 12 month low of $24.15 and a 12 month high of $109.59. 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 stock’s fifty day simple moving average is $38.87 and its 200 day simple moving average is $54.64.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Thursday, April 24th. The company reported $2.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.35 by ($0.02). The firm had revenue of $485.89 million for the quarter, compared to the consensus estimate of $481.55 million. Helen of Troy had a return on equity of 9.13% and a net margin of 6.05%. Helen of Troy’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter last year, the company posted $2.45 EPS. On average, research analysts predict that Helen of Troy Limited will post 6.46 EPS for the current 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.