Helen of Troy (NASDAQ:HELE - Free Report) had its price target cut by Canaccord Genuity Group from $92.00 to $70.00 in a research note issued to investors on Tuesday, Marketbeat reports. They currently have a buy rating on the stock.
HELE has been the topic of several other research reports. UBS Group dropped their price objective on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. StockNews.com cut Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, April 18th.
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Helen of Troy Trading Down 3.5 %
Shares of HELE traded down $1.05 during trading hours on Tuesday, reaching $29.00. The stock had a trading volume of 210,759 shares, compared to its average volume of 527,254. Helen of Troy has a 52 week low of $28.20 and a 52 week high of $110.76. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average of $47.83 and a 200 day moving average of $58.92. The company has a market cap of $662.71 million, a P/E ratio of 5.86, a P/E/G ratio of 1.80 and a beta of 0.89.
Hedge Funds Weigh In On Helen of Troy
Hedge funds have recently modified their holdings of the company. GAMMA Investing LLC grew its position in shares of Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company's stock valued at $29,000 after purchasing an additional 237 shares during the last quarter. Canada Pension Plan Investment Board increased its position in shares of Helen of Troy by 66.7% in the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock valued at $30,000 after buying an additional 200 shares in the last quarter. Sterling Capital Management LLC boosted its position in Helen of Troy by 844.7% during the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock worth $43,000 after acquiring an additional 642 shares during the last quarter. FNY Investment Advisers LLC bought a new position in shares of Helen of Troy in the 4th quarter valued at about $44,000. Finally, Quarry LP boosted its holdings in shares of Helen of Troy by 917.5% during the 4th quarter. Quarry LP now owns 814 shares of the company's stock worth $49,000 after buying an additional 734 shares during the period.
About Helen of Troy
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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.
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