Other research analysts also recently issued research reports about the stock. ValuEngine downgraded shares of Helen of Troy from a buy rating to a hold rating in a research report on Wednesday, October 2nd. DA Davidson upped their target price on shares of Helen of Troy from $172.00 to $184.00 and gave the stock a buy rating in a research note on Monday, October 7th. They noted that the move was a valuation call. Finally, Bank of America upped their target price on shares of Helen of Troy from $170.00 to $175.00 and gave the stock a buy rating in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. Helen of Troy presently has a consensus rating of Hold and an average price target of $179.50.
Shares of HELE traded up $2.12 during midday trading on Friday, reaching $155.28. 146,800 shares of the stock were exchanged, compared to its average volume of 261,641. Helen of Troy has a 12-month low of $108.31 and a 12-month high of $169.25. The company has a quick ratio of 1.07, a current ratio of 2.24 and a debt-to-equity ratio of 0.31. The company has a market cap of $3.87 billion, a price-to-earnings ratio of 21.36, a P/E/G ratio of 2.60 and a beta of 0.53. The firm has a 50 day simple moving average of $155.59 and a 200-day simple moving average of $145.15.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HELE. Nuveen Asset Management LLC raised its stake in Helen of Troy by 3,500.3% in the second quarter. Nuveen Asset Management LLC now owns 114,416 shares of the company’s stock valued at $14,941,000 after purchasing an additional 111,238 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Helen of Troy by 15.1% in the second quarter. Wells Fargo & Company MN now owns 582,967 shares of the company’s stock worth $76,130,000 after purchasing an additional 76,483 shares during the last quarter. Schroder Investment Management Group grew its holdings in shares of Helen of Troy by 782.9% in the second quarter. Schroder Investment Management Group now owns 61,800 shares of the company’s stock worth $8,071,000 after purchasing an additional 54,800 shares during the last quarter. WINTON GROUP Ltd grew its holdings in shares of Helen of Troy by 660.2% in the second quarter. WINTON GROUP Ltd now owns 32,734 shares of the company’s stock worth $4,275,000 after purchasing an additional 28,428 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Helen of Troy in the second quarter worth approximately $3,526,000. 92.85% of the stock is currently owned by institutional investors and hedge funds.
Helen of Troy Company Profile
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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