Helen of Troy (NASDAQ:HELE - Get Free Report) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a research note issued on Friday.
Separately, UBS Group reduced their price target on Helen of Troy from $68.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th.
Get Our Latest Stock Analysis on HELE
Helen of Troy Stock Performance
Shares of NASDAQ HELE traded up $1.78 during midday trading on Friday, hitting $33.67. 702,340 shares of the company's stock were exchanged, compared to its average volume of 526,839. Helen of Troy has a twelve month low of $30.60 and a twelve month high of $110.76. The firm has a market cap of $769.56 million, a P/E ratio of 6.79, a PEG ratio of 1.80 and a beta of 0.89. The stock's 50 day moving average price is $49.26 and its 200-day moving average price is $59.50. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05.
Institutional Investors Weigh In On Helen of Troy
A number of institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio raised its stake in shares of Helen of Troy by 30.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company's stock worth $48,000 after buying an additional 182 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in Helen of Troy by 66.7% during the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock worth $30,000 after acquiring an additional 200 shares during the period. GAMMA Investing LLC raised its position in Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company's stock worth $29,000 after acquiring an additional 237 shares in the last quarter. Swiss National Bank lifted its holdings in 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 acquiring an additional 400 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Helen of Troy by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,970 shares of the company's stock valued at $776,000 after purchasing an additional 477 shares in the last quarter.
About Helen of Troy
(
Get Free Report)
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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