Earnest Partners LLC reduced its stake in Helen of Troy Limited (NASDAQ:HELE – Free Report) by 59.6% during the third quarter, HoldingsChannel.com reports. The firm owned 311,668 shares of the company’s stock after selling 460,002 shares during the quarter. Earnest Partners LLC’s holdings in Helen of Troy were worth $7,854,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Helen of Troy by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,533 shares of the company’s stock valued at $724,000 after buying an additional 563 shares during the last quarter. Police & Firemen s Retirement System of New Jersey raised its position in shares of Helen of Troy by 16.2% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,454 shares of the company’s stock worth $155,000 after purchasing an additional 759 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Helen of Troy by 26.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,013 shares of the company’s stock worth $114,000 after purchasing an additional 838 shares in the last quarter. Rhumbline Advisers grew its position in Helen of Troy by 1.5% during the 3rd quarter. Rhumbline Advisers now owns 74,575 shares of the company’s stock valued at $1,879,000 after purchasing an additional 1,068 shares during the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in Helen of Troy during the 3rd quarter valued at about $27,000.
Helen of Troy Price Performance
Shares of NASDAQ:HELE opened at $16.47 on Monday. Helen of Troy Limited has a fifty-two week low of $15.21 and a fifty-two week high of $54.25. The business has a 50-day simple moving average of $18.07 and a two-hundred day simple moving average of $20.21. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.90 and a current ratio of 1.81. The firm has a market cap of $379.96 million, a price-to-earnings ratio of -0.48 and a beta of 0.80.
Analyst Ratings Changes
Several brokerages have issued reports on HELE. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Helen of Troy in a report on Monday, December 29th. UBS Group dropped their target price on shares of Helen of Troy from $25.00 to $22.00 and set a “neutral” rating on the stock in a research note on Friday, January 9th. CJS Securities raised shares of Helen of Troy to a “strong-buy” rating in a research report on Thursday, December 11th. Canaccord Genuity Group set a $22.00 price objective on shares of Helen of Troy in a report on Friday, January 9th. Finally, Zacks Research cut Helen of Troy from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $22.00.
Check Out Our Latest Stock Analysis 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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