Virtu Financial LLC Takes $815,000 Position in Helen of Troy Limited (NASDAQ:HELE)

Virtu Financial LLC bought a new stake in shares of Helen of Troy Limited (NASDAQ:HELE) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,075 shares of the company’s stock, valued at approximately $815,000.

Other large investors have also recently made changes to their positions in the company. Louisiana State Employees Retirement System raised its holdings in Helen of Troy by 1.5% in the 1st quarter. Louisiana State Employees Retirement System now owns 6,800 shares of the company’s stock worth $784,000 after acquiring an additional 100 shares during the last quarter. SG Americas Securities LLC raised its holdings in 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 acquiring an additional 112 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in Helen of Troy by 1.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 11,271 shares of the company’s stock worth $1,299,000 after acquiring an additional 198 shares during the last quarter. ProShare Advisors LLC raised its holdings in Helen of Troy by 4.7% in the 1st quarter. ProShare Advisors LLC now owns 5,434 shares of the company’s stock worth $626,000 after acquiring an additional 246 shares during the last quarter. Finally, YHB Investment Advisors Inc. bought a new stake in Helen of Troy in the 1st quarter worth approximately $29,000.

Analyst Ratings Changes

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

Helen of Troy Stock Down 1.1 %

HELE opened at $56.09 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.87. Helen of Troy Limited has a fifty-two week low of $53.14 and a fifty-two week high of $139.68. The firm’s fifty day moving average is $83.84 and its 200 day moving average is $102.08. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 8.79, a price-to-earnings-growth ratio of 1.12 and a beta of 0.84.

Helen of Troy (NASDAQ:HELE) last released its earnings results on Tuesday, July 9th. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.59 by ($0.60). Helen of Troy had a net margin of 7.82% and a return on equity of 10.25%. The firm had revenue of $416.80 million for the quarter, compared to analysts’ expectations of $445.85 million. During the same quarter last year, the firm posted $1.58 EPS. The firm’s quarterly revenue was down 12.2% compared to the same quarter last year. On average, sell-side analysts forecast that Helen of Troy Limited will post 6.33 earnings per share for the current fiscal year.

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.