State Board of Administration of Florida Retirement System Decreases Stock Holdings in Helen of Troy Limited (NASDAQ:HELE) – Defense World

State Board of Administration of Florida Retirement System decreased its holdings in shares of Helen of Troy Limited (NASDAQ:HELE – Get Rating) by 4.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,672 shares of the company’s stock after selling 340 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Helen of Troy were worth $1,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in HELE. Commonwealth Equity Services LLC acquired a new position in Helen of Troy in the 4th quarter valued at $213,000. Inspire Investing LLC acquired a new position in Helen of Troy in the 1st quarter valued at $236,000. HighTower Advisors LLC raised its stake in Helen of Troy by 8.5% in the 4th quarter. HighTower Advisors LLC now owns 1,049 shares of the company’s stock valued at $256,000 after purchasing an additional 82 shares during the last quarter. Centiva Capital LP acquired a new position in Helen of Troy in the 4th quarter valued at $316,000. Finally, Van Hulzen Asset Management LLC raised its stake in Helen of Troy by 26.9% in the 4th quarter. Van Hulzen Asset Management LLC now owns 1,367 shares of the company’s stock valued at $334,000 after purchasing an additional 290 shares during the last quarter.

Helen of Troy Stock Up 3.8 %

Shares of NASDAQ:HELE opened at $134.98 on Friday. The business has a 50-day moving average price of $147.79 and a 200 day moving average price of $182.84. The company has a current ratio of 1.95, a quick ratio of 0.93 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $3.24 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 1.94 and a beta of 0.62. Helen of Troy Limited has a 12-month low of $123.57 and a 12-month high of $256.26.

Helen of Troy (NASDAQ:HELE – Get Rating) last issued its quarterly earnings data on Thursday, July 7th. The company reported $1.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.16. The firm had revenue of $508.10 million during the quarter, compared to the consensus estimate of $474.17 million. Helen of Troy had a return on equity of 18.08% and a net margin of 8.74%. The company’s quarterly revenue was down 6.1% on a year-over-year basis. During the same period last year, the company earned $2.95 EPS. Sell-side analysts expect that Helen of Troy Limited will post 8.36 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on HELE. StockNews.com downgraded Helen of Troy from a “hold” rating to a “sell” rating in a research note on Saturday, July 16th. Raymond James started coverage on Helen of Troy in a research note on Tuesday, July 12th. They issued a “market perform” rating for the company. DA Davidson cut their target price on Helen of Troy from $244.00 to $175.00 and set a “neutral” rating for the company in a research note on Friday, July 8th. CL King cut their target price on Helen of Troy from $282.00 to $206.00 in a research note on Tuesday, June 28th. Finally, TheStreet downgraded Helen of Troy from a “b-” rating to a “c+” rating in a research note on Thursday, June 16th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $214.67.

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Source: https://www.defenseworld.net/2022/08/14/state-board-of-administration-of-florida-retirement-system-decreases-stock-holdings-in-helen-of-troy-limited-nasdaqhele.html

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