Helen of Troy Limited (HELE) Stake Increased by Schwab Charles Investment Management Inc.

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Schwab Charles Investment Management Inc. lifted its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 17.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 240,791 shares of the company’s stock after acquiring an additional 36,272 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Helen of Troy were worth $23,706,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of Helen of Troy by 1.2% during the 1st quarter. BlackRock Inc. now owns 2,886,889 shares of the company’s stock worth $251,158,000 after acquiring an additional 33,142 shares in the last quarter. Champlain Investment Partners LLC boosted its stake in shares of Helen of Troy by 28.1% during the 1st quarter. Champlain Investment Partners LLC now owns 856,225 shares of the company’s stock worth $74,492,000 after acquiring an additional 187,780 shares in the last quarter. Cooke & Bieler LP boosted its stake in shares of Helen of Troy by 15.6% during the 2nd quarter. Cooke & Bieler LP now owns 824,527 shares of the company’s stock worth $81,175,000 after acquiring an additional 111,230 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Helen of Troy by 10.5% during the 2nd quarter. Wells Fargo & Company MN now owns 743,168 shares of the company’s stock worth $73,165,000 after acquiring an additional 70,744 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Helen of Troy by 24.4% during the 1st quarter. Northern Trust Corp now owns 559,100 shares of the company’s stock worth $48,642,000 after acquiring an additional 109,700 shares in the last quarter. Institutional investors own 99.41% of the company’s stock.

In related news, insider Vincent D. Carson sold 6,531 shares of the stock in a transaction that occurred on Thursday, July 12th. The stock was sold at an average price of $111.28, for a total transaction of $726,769.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.62% of the stock is owned by corporate insiders.

HELE has been the subject of several recent analyst reports. Bank of America upgraded Helen of Troy from a “neutral” rating to a “buy” rating and set a $127.00 price target for the company in a research note on Monday, July 9th. BidaskClub downgraded Helen of Troy from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. ValuEngine upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research note on Tuesday, July 10th. DA Davidson upped their price target on Helen of Troy to $145.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Zacks Investment Research upgraded Helen of Troy from a “hold” rating to a “buy” rating and set a $102.00 price target for the company in a research note on Thursday, May 31st. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $125.50.

Shares of NASDAQ:HELE opened at $126.60 on Friday. Helen of Troy Limited has a twelve month low of $81.10 and a twelve month high of $128.05. The company has a market cap of $3.34 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 2.95 and a beta of 0.77. The company has a quick ratio of 1.11, a current ratio of 2.10 and a debt-to-equity ratio of 0.29.

Helen of Troy (NASDAQ:HELE) last announced its earnings results on Monday, July 9th. The company reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.54. Helen of Troy had a return on equity of 19.01% and a net margin of 4.84%. The firm had revenue of $354.70 million during the quarter, compared to the consensus estimate of $333.75 million. During the same quarter in the prior year, the company earned $1.37 EPS. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. equities research analysts forecast that Helen of Troy Limited will post 7 earnings per share for the current fiscal year.

Helen of Troy Company Profile

Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.

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

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