Helen of Troy Limited (NASDAQ:HELE) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP reduced its stake in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 71.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,325 shares of the company's stock after selling 10,732 shares during the quarter. Bridgewater Associates LP's holdings in Helen of Troy were worth $259,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Pzena Investment Management LLC grew its stake in shares of Helen of Troy by 21.4% during the 4th quarter. Pzena Investment Management LLC now owns 705,711 shares of the company's stock worth $42,223,000 after purchasing an additional 124,269 shares during the period. Cooper Creek Partners Management LLC purchased a new position in Helen of Troy in the fourth quarter valued at $41,248,000. Arrowstreet Capital Limited Partnership raised its position in shares of 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 acquiring an additional 528,305 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Helen of Troy by 17.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company's stock worth $28,847,000 after acquiring an additional 72,076 shares in the last quarter. Finally, William Blair Investment Management LLC grew its position in shares of Helen of Troy by 2.0% during the 4th quarter. William Blair Investment Management LLC now owns 440,851 shares of the company's stock valued at $26,376,000 after acquiring an additional 8,597 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HELE. Canaccord Genuity Group lowered their price target on Helen of Troy from $92.00 to $70.00 and set a "buy" rating on the stock in a research report on Tuesday. StockNews.com lowered Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, April 18th. Finally, UBS Group cut their price target on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, April 17th.

Helen of Troy Price Performance

Shares of NASDAQ:HELE traded down $1.51 during trading on Friday, reaching $28.53. The stock had a trading volume of 1,541,203 shares, compared to its average volume of 533,076. The business has a fifty day moving average price of $47.83 and a 200-day moving average price of $58.92. Helen of Troy Limited has a 1-year low of $27.78 and a 1-year high of $110.76. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92. The stock has a market cap of $652.15 million, a PE ratio of 5.77, a PEG ratio of 1.80 and a beta of 0.89.

About Helen of Troy

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.