ValuEngine upgraded shares of Helen of Troy (NASDAQ:HELE) from a hold rating to a buy rating in a research report sent to investors on Wednesday.
Other equities analysts have also recently issued research reports about the company. BidaskClub upgraded Helen of Troy from a buy rating to a strong-buy rating in a report on Saturday, December 9th. Zacks Investment Research cut Helen of Troy from a hold rating to a sell rating in a report on Tuesday, December 5th. CL King started coverage on Helen of Troy in a report on Tuesday, September 12th. They set a buy rating and a $104.00 price target for the company. Finally, KeyCorp restated a hold rating on shares of Helen of Troy in a report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $99.67.
Shares of Helen of Troy (NASDAQ HELE) traded up $0.10 on Wednesday, reaching $97.20. The company had a trading volume of 104,169 shares, compared to its average volume of 151,343. The company has a market cap of $2,621.29, a P/E ratio of 14.23, a PEG ratio of 6.53 and a beta of 0.91. Helen of Troy has a 52 week low of $85.40 and a 52 week high of $102.88. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.73 and a quick ratio of 0.85.
In other Helen of Troy news, Director Timothy F. Meeker sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $94.00, for a total transaction of $235,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.57% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wells Fargo & Company MN grew its holdings in Helen of Troy by 4.2% during the 3rd quarter. Wells Fargo & Company MN now owns 661,307 shares of the company’s stock valued at $64,081,000 after buying an additional 26,440 shares in the last quarter. Alliancebernstein L.P. grew its holdings in Helen of Troy by 296.3% during the 2nd quarter. Alliancebernstein L.P. now owns 282,067 shares of the company’s stock valued at $26,543,000 after buying an additional 210,886 shares in the last quarter. American Century Companies Inc. purchased a new position in Helen of Troy during the 3rd quarter valued at approximately $23,056,000. JPMorgan Chase & Co. grew its holdings in Helen of Troy by 12.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,390 shares of the company’s stock valued at $21,347,000 after buying an additional 24,522 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in shares of Helen of Troy by 10.0% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 186,380 shares of the company’s stock worth $18,061,000 after purchasing an additional 16,929 shares during the period. Institutional investors and hedge funds own 91.76% of the company’s stock.
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About Helen of Troy
Helen Of Troy Limited is a global consumer products company that offers a range of solutions for its customers through a range of brands. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The Company has three segments. The Housewares segment provides a range of consumer products for the home.
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