Cooper Creek Partners Management LLC Invests $41.25 Million in Helen of Troy Limited (NASDAQ:HELE)

Cooper Creek Partners Management LLC acquired a new position in Helen of Troy Limited (NASDAQ:HELE - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 689,416 shares of the company's stock, valued at approximately $41,248,000. Helen of Troy makes up 1.3% of Cooper Creek Partners Management LLC's holdings, making the stock its 26th biggest holding. Cooper Creek Partners Management LLC owned 3.02% of Helen of Troy at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Swiss National Bank raised its stake in shares of Helen of Troy by 0.9% in the 4th quarter. Swiss National Bank now owns 45,000 shares of the company's stock valued at $2,692,000 after purchasing an additional 400 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Helen of Troy by 5.2% in the 4th quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock worth $7,856,000 after acquiring an additional 6,471 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Helen of Troy by 446.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock valued at $38,695,000 after acquiring an additional 528,305 shares in the last quarter. KBC Group NV boosted its holdings in Helen of Troy by 73.1% in the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock worth $81,000 after purchasing an additional 571 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in Helen of Troy during the fourth quarter valued at $484,000.

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Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. StockNews.com upgraded shares of Helen of Troy from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th. UBS Group cut their price target on Helen of Troy from $79.00 to $69.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th.

Helen of Troy Price Performance

HELE traded down $0.98 during trading on Tuesday, reaching $32.64. The stock had a trading volume of 715,582 shares, compared to its average volume of 520,433. Helen of Troy Limited has a 1-year low of $32.16 and a 1-year 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 stock has a 50 day moving average of $51.14 and a two-hundred day moving average of $60.31. The firm has a market capitalization of $746.02 million, a price-to-earnings ratio of 6.58, a price-to-earnings-growth ratio of 1.80 and a beta of 0.89.

Helen of Troy Company Profile

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.