Franklin Resources Inc. Acquires 62,087 Shares of Helen of Troy Limited (NASDAQ:HELE)

Franklin Resources Inc. boosted its stake in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 604.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 72,367 shares of the company's stock after buying an additional 62,087 shares during the period. Franklin Resources Inc. owned approximately 0.32% of Helen of Troy worth $4,330,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Helen of Troy by 116.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,716 shares of the company's stock valued at $3,570,000 after acquiring an additional 30,993 shares during the period. Swiss National Bank grew its holdings in Helen of Troy by 0.9% during 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 during the last quarter. Principal Financial Group Inc. raised its position in 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 purchasing an additional 6,471 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake 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 worth $38,695,000 after purchasing an additional 528,305 shares during the last quarter. Finally, KBC Group NV boosted its position in shares of Helen of Troy by 73.1% during the fourth quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $81,000 after buying an additional 571 shares during the period.

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Helen of Troy Stock Down 2.8 %

Shares of HELE stock traded down $0.93 during mid-day trading on Tuesday, hitting $32.69. The stock had a trading volume of 343,074 shares, compared to its average volume of 518,018. Helen of Troy Limited has a 12-month low of $32.20 and a 12-month high of $110.76. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. The firm's 50-day moving average is $51.64 and its two-hundred day moving average is $60.50. The firm has a market capitalization of $747.16 million, a P/E ratio of 6.59, a price-to-earnings-growth ratio of 1.80 and a beta of 0.89.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HELE shares. StockNews.com raised Helen of Troy from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th. UBS Group decreased their target price 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.