Janney Montgomery Scott LLC Sells 2,224 Shares of Helen of Troy Limited (NASDAQ:HELE)

Janney Montgomery Scott LLC lessened its holdings in Helen of Troy Limited (NASDAQ:HELE) by 22.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,634 shares of the company’s stock after selling 2,224 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Helen of Troy were worth $457,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. GAMMA Investing LLC increased its position in Helen of Troy by 96.0% during the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock valued at $29,000 after buying an additional 237 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in shares of Helen of Troy in the fourth quarter valued at approximately $44,000. Public Employees Retirement System of Ohio increased its holdings in shares of Helen of Troy by 30.3% in the third quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock valued at $48,000 after purchasing an additional 182 shares during the last quarter. Signaturefd LLC acquired a new stake in shares of Helen of Troy in the third quarter valued at approximately $61,000. Finally, Exchange Traded Concepts LLC acquired a new stake in Helen of Troy during the third quarter worth $315,000.

Helen of Troy Stock Performance

HELE opened at $56.32 on Monday. The business’s 50 day moving average is $64.00 and its 200-day moving average is $61.87. The stock has a market cap of $1.29 billion, a PE ratio of 11.35, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. Helen of Troy Limited has a twelve month low of $48.05 and a twelve month 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. Helen of Troy had a net margin of 6.05% and a return on equity of 9.13%. The firm had revenue of $530.70 million for the quarter, compared to analyst estimates of $532.91 million. During the same quarter in the previous year, the business posted $2.79 earnings per share. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. On average, analysts predict that Helen of Troy Limited will post 6.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on HELE shares. UBS Group decreased their target price on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. DA Davidson boosted their target price on Helen of Troy from $71.00 to $78.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. Finally, StockNews.com raised Helen of Troy from a “hold” rating to a “buy” rating in a research note on Monday, February 3rd.

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.