Oppenheimer Asset Management Inc. Acquires 198 Shares of Helen of Troy Limited (NASDAQ:HELE)

Oppenheimer Asset Management Inc. boosted its holdings in Helen of Troy Limited (NASDAQ:HELE) by 1.8% during the first quarter, Holdings Channel.com reports. The fund owned 11,271 shares of the company’s stock after buying an additional 198 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Helen of Troy were worth $1,299,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HELE. YHB Investment Advisors Inc. bought a new position in Helen of Troy in the 1st quarter worth about $29,000. ARGA Investment Management LP purchased a new position in shares of Helen of Troy in the 1st quarter worth about $218,000. Vanguard Personalized Indexing Management LLC purchased a new position in shares of Helen of Troy in the 4th quarter worth about $252,000. SG Americas Securities LLC boosted its holdings in shares of Helen of Troy by 5.3% in the 1st quarter. SG Americas Securities LLC now owns 2,239 shares of the company’s stock worth $258,000 after purchasing an additional 112 shares in the last quarter. Finally, AlphaMark Advisors LLC boosted its holdings in shares of Helen of Troy by 20.2% in the 4th quarter. AlphaMark Advisors LLC now owns 2,260 shares of the company’s stock worth $273,000 after purchasing an additional 380 shares in the last quarter.

Helen of Troy Trading Down 0.6 %

NASDAQ HELE opened at $64.07 on Monday. Helen of Troy Limited has a fifty-two week low of $60.00 and a fifty-two week high of $143.68. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.87. The stock has a 50 day simple moving average of $97.62 and a two-hundred day simple moving average of $108.40. The stock has a market cap of $1.46 billion, a P/E ratio of 10.04, a price-to-earnings-growth ratio of 1.25 and a beta of 0.84.

Helen of Troy (NASDAQ:HELE) last released its quarterly earnings data on Tuesday, July 9th. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.59 by ($0.60). Helen of Troy had a return on equity of 10.25% and a net margin of 7.82%. The business had revenue of $416.80 million during the quarter, compared to analysts’ expectations of $445.85 million. During the same quarter last year, the business posted $1.58 EPS. The company’s quarterly revenue was down 12.2% compared to the same quarter last year. On average, analysts forecast that Helen of Troy Limited will post 6.42 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Canaccord Genuity Group cut their price objective on Helen of Troy from $137.00 to $84.00 and set a “buy” rating for the company in a report on Wednesday, July 10th. StockNews.com cut Helen of Troy from a “buy” rating to a “hold” rating in a report on Wednesday, July 10th. DA Davidson cut Helen of Troy from a “buy” rating to a “neutral” rating and dropped their target price for the company from $139.00 to $67.00 in a report on Wednesday, July 10th. Finally, UBS Group dropped their target price on Helen of Troy from $100.00 to $72.00 and set a “neutral” rating for the company in a report on Wednesday, July 10th.

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.