Fmr LLC Has $160.34 Million Stock Position in Helen of Troy Limited (NASDAQ:HELE)

FMR LLC cut its position in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,679,872 shares of the company's stock after selling 200,585 shares during the quarter. FMR LLC owned 11.72% of Helen of Troy worth $160,337,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Swiss National Bank raised its position in Helen of Troy by 0.9% in the fourth quarter. Swiss National Bank now owns 45,000 shares of the company's stock worth $2,692,000 after purchasing an additional 400 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Helen of Troy by 5.2% during the 4th quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock worth $7,856,000 after buying an additional 6,471 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Helen of Troy by 446.0% in the fourth 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 during the period. KBC Group NV raised its stake in Helen of Troy by 73.1% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock worth $81,000 after acquiring an additional 571 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Helen of Troy during the fourth quarter valued at $484,000.

Helen of Troy Trading Down 2.9 %

Shares of HELE traded down $0.98 during trading hours on Tuesday, hitting $32.64. 715,582 shares of the stock traded hands, compared to its average volume of 520,433. The business has a fifty day moving average of $51.14 and a 200-day moving average of $60.31. The firm has a market capitalization of $746.02 million, a PE ratio of 6.58, a price-to-earnings-growth ratio of 1.80 and a beta of 0.89. Helen of Troy Limited has a 1-year low of $32.20 and a 1-year high of $110.76. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45.

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Analyst Upgrades and Downgrades

HELE has been the subject of several analyst reports. StockNews.com raised shares of Helen of Troy from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. UBS Group cut their price objective on Helen of Troy from $79.00 to $69.00 and set a "neutral" rating for the company in a research report on Tuesday, January 7th.

Helen of Troy 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.