A number of other equities analysts also recently issued reports on the stock. ValuEngine downgraded shares of W&T Offshore from a “hold” rating to a “sell” rating in a report on Friday, April 26th. Sidoti cut shares of Helen of Troy from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 8th. Zacks Investment Research cut shares of GP Strategies from a “hold” rating to a “sell” rating in a research note on Friday, March 1st. Bank of America reduced their price objective on shares of Nordstrom from $40.00 to $32.00 and set an “underperform” rating on the stock in a research report on Wednesday, May 22nd. Finally, DA Davidson reiterated a “buy” rating on shares of Great Western Bancorp in a research report on Thursday, April 25th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $156.50.
NASDAQ HELE traded down $2.89 during trading on Friday, hitting $147.97. The company had a trading volume of 168,719 shares, compared to its average volume of 329,063. The firm has a market capitalization of $3.72 billion, a P/E ratio of 20.35, a price-to-earnings-growth ratio of 2.98 and a beta of 0.67. The company has a current ratio of 2.20, a quick ratio of 1.04 and a debt-to-equity ratio of 0.35. Helen of Troy has a one year low of $108.31 and a one year high of $151.73. The stock has a fifty day simple moving average of $136.66.
In other Helen of Troy news, Director Timothy F. Meeker sold 2,400 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $144.00, for a total value of $345,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Vincent D. Carson sold 13,415 shares of the firm’s stock in a transaction on Friday, July 12th. The stock was sold at an average price of $146.08, for a total value of $1,959,663.20. The disclosure for this sale can be found here. Company insiders own 0.77% of the company’s stock.
Large investors have recently modified their holdings of the stock. Cerebellum GP LLC purchased a new stake in shares of Helen of Troy in the second quarter worth about $31,000. Asset Planning Services Ltd. purchased a new position in Helen of Troy in the second quarter valued at about $58,000. AdvisorNet Financial Inc boosted its holdings in Helen of Troy by 28.0% in the second quarter. AdvisorNet Financial Inc now owns 974 shares of the company’s stock valued at $127,000 after purchasing an additional 213 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Helen of Troy by 14.2% in the second quarter. Nisa Investment Advisors LLC now owns 6,425 shares of the company’s stock valued at $839,000 after purchasing an additional 800 shares during the last quarter. Finally, WINTON GROUP Ltd boosted its holdings in Helen of Troy by 660.2% in the second quarter. WINTON GROUP Ltd now owns 32,734 shares of the company’s stock valued at $4,275,000 after purchasing an additional 28,428 shares during the last quarter. 98.67% of the stock is owned by hedge funds and other institutional investors.
About Helen of Troy
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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