Schonfeld Strategic Advisors LLC Buys Shares of 6,102 Helen of Troy Limited (NASDAQ:HELE)

Schonfeld Strategic Advisors LLC bought a new stake in Helen of Troy Limited (NASDAQ:HELE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,102 shares of the company’s stock, valued at approximately $365,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Earnest Partners LLC boosted its stake in Helen of Troy by 18.6% in the fourth quarter. Earnest Partners LLC now owns 757,339 shares of the company’s stock valued at $45,312,000 after acquiring an additional 118,982 shares during the period. Pzena Investment Management LLC boosted its position in shares of Helen of Troy by 21.4% during the fourth quarter. Pzena Investment Management LLC now owns 705,711 shares of the company’s stock worth $42,223,000 after buying an additional 124,269 shares during the period. Cooper Creek Partners Management LLC acquired a new position in shares of Helen of Troy during the fourth quarter worth approximately $41,248,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Helen of Troy by 446.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company’s stock worth $38,695,000 after buying an additional 528,305 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Helen of Troy by 17.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company’s stock worth $28,847,000 after buying an additional 72,076 shares during the period.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HELE shares. Canaccord Genuity Group reduced their price objective on Helen of Troy from $92.00 to $70.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. StockNews.com downgraded Helen of Troy from a “buy” rating to a “hold” rating in a research report on Friday, May 2nd. Finally, UBS Group cut their target price on Helen of Troy from $68.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, April 17th.

Helen of Troy Stock Performance

HELE opened at $27.27 on Monday. The company has a market capitalization of $625.66 million, a price-to-earnings ratio of 5.50, a price-to-earnings-growth ratio of 1.80 and a beta of 0.91. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. Helen of Troy Limited has a 1-year low of $24.15 and a 1-year high of $110.76. The business has a 50 day moving average price of $41.31 and a two-hundred day moving average price of $55.69.

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

About Helen of Troy

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.