GSA Capital Partners LLP acquired a new stake in Helen of Troy Limited (NASDAQ:HELE – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 110,865 shares of the company’s stock, valued at approximately $3,223,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Helen of Troy by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock worth $724,000 after buying an additional 563 shares during the period. iSAM Funds UK Ltd purchased a new stake in shares of Helen of Troy during the 3rd quarter valued at about $27,000. Allworth Financial LP raised its holdings in shares of Helen of Troy by 922.7% during the 4th quarter. Allworth Financial LP now owns 1,350 shares of the company’s stock valued at $29,000 after buying an additional 1,218 shares during the period. Larson Financial Group LLC lifted its position in Helen of Troy by 1,323.2% during the 3rd quarter. Larson Financial Group LLC now owns 1,352 shares of the company’s stock worth $34,000 after acquiring an additional 1,257 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in Helen of Troy by 54.5% during the 2nd quarter. Versant Capital Management Inc now owns 3,618 shares of the company’s stock worth $105,000 after acquiring an additional 1,277 shares in the last quarter.
Helen of Troy Trading Up 0.7%
Shares of HELE opened at $30.22 on Friday. The company has a market capitalization of $703.82 million, a P/E ratio of -1.68 and a beta of 1.31. Helen of Troy Limited has a one year low of $13.85 and a one year high of $30.68. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.81 and a current ratio of 1.78. The stock has a 50-day moving average price of $28.05 and a 200 day moving average price of $22.44.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on HELE. Wall Street Zen raised shares of Helen of Troy from a “hold” rating to a “strong-buy” rating in a research report on Sunday, July 12th. Zacks Research cut shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. UBS Group upped their target price on shares of Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Weiss Ratings downgraded shares of Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Finally, Canaccord Genuity Group raised their price target on shares of Helen of Troy from $23.00 to $25.00 and gave the company a “hold” rating in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Helen of Troy currently has a consensus rating of “Hold” and an average price target of $26.50.
Get Our Latest Report on Helen of Troy
About Helen of Troy
Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.
The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.
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