Zurcher Kantonalbank Zurich Cantonalbank Has $630000 Stake in Helen of Troy Limited (NASDAQ:HELE) – Defense World
Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Helen of Troy Limited (NASDAQ:HELE – Get Rating) by 7.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 3,219 shares of the company’s stock after buying an additional 234 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Helen of Troy were worth $630,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC acquired a new stake in shares of Helen of Troy during the 4th quarter valued at about $263,020,000. Capital International Investors grew its position in Helen of Troy by 37.8% in the fourth quarter. Capital International Investors now owns 1,416,328 shares of the company’s stock worth $346,250,000 after acquiring an additional 388,569 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Helen of Troy by 7.4% during the 4th quarter. JPMorgan Chase & Co. now owns 1,378,747 shares of the company’s stock worth $337,063,000 after purchasing an additional 95,539 shares during the last quarter. Capital World Investors raised its holdings in shares of Helen of Troy by 8.5% during the 4th quarter. Capital World Investors now owns 781,000 shares of the company’s stock valued at $190,931,000 after purchasing an additional 61,000 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Helen of Troy by 25.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 152,414 shares of the company’s stock valued at $37,261,000 after purchasing an additional 30,465 shares during the last quarter.
HELE opened at $133.83 on Thursday. The business has a 50 day moving average of $173.52 and a 200-day moving average of $198.22. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 17.01, a P/E/G ratio of 1.71 and a beta of 0.76. The company has a current ratio of 1.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.87. Helen of Troy Limited has a 1-year low of $132.89 and a 1-year high of $256.26.
Helen of Troy (NASDAQ:HELE – Get Rating) last issued its quarterly earnings results on Thursday, July 7th. The company reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.77. Helen of Troy had a return on equity of 18.08% and a net margin of 8.74%. The firm had revenue of $508.10 million for the quarter, compared to analyst estimates of $474.17 million. During the same period in the previous year, the company posted $2.95 earnings per share. The company’s quarterly revenue was down 6.1% compared to the same quarter last year. Equities analysts predict that Helen of Troy Limited will post 11.25 EPS for the current year.
HELE has been the subject of several recent analyst reports. DA Davidson decreased their price target 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. TheStreet downgraded Helen of Troy from a “b-” rating to a “c+” rating in a report on Thursday, June 16th. StockNews.com lowered shares of Helen of Troy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 5th. CL King decreased their price objective on shares of Helen of Troy from $282.00 to $206.00 in a report on Tuesday, June 28th. Finally, Raymond James began coverage on shares of Helen of Troy in a report on Tuesday. They issued a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy …….