DA Davidson restated their buy rating on shares of Helen of Troy (NASDAQ:HELE – Get Rating) in a research note published on Friday morning, Benzinga reports. The firm currently has a $138.00 target price on the stock.
Several other research firms also recently commented on HELE. Bank of America raised shares of Helen of Troy from a neutral rating to a buy rating in a report on Thursday, December 22nd. Canaccord Genuity Group increased their price objective on shares of Helen of Troy from $120.00 to $130.00 and gave the company a buy rating in a report on Tuesday, January 3rd. Finally, Canaccord Genuity Group started coverage on shares of Helen of Troy in a report on Wednesday, November 16th. They set a buy rating and a $120.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus target price of $148.50.
Helen of Troy Price Performance
Shares of NASDAQ:HELE opened at $100.63 on Friday. Helen of Troy has a twelve month low of $82.94 and a twelve month high of $221.71. The stock has a market capitalization of $2.41 billion, a PE ratio of 16.52, a price-to-earnings-growth ratio of 1.64 and a beta of 0.65. The firm’s 50 day moving average price is $111.71 and its 200-day moving average price is $105.96. The company has a quick ratio of 1.12, a current ratio of 2.15 and a debt-to-equity ratio of 0.73.
Institutional Trading of Helen of Troy
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HELE. Earnest Partners LLC purchased a new stake in Helen of Troy in the 4th quarter worth about $55,897,000. Norges Bank purchased a new position in Helen of Troy during the fourth quarter valued at approximately $22,832,000. Cooke & Bieler LP increased its holdings in Helen of Troy by 11.3% during the fourth quarter. Cooke & Bieler LP now owns 1,812,095 shares of the company’s stock valued at $200,979,000 after buying an additional 184,665 shares during the period. Victory Capital Management Inc. increased its position in Helen of Troy by 51.3% during the 3rd quarter. Victory Capital Management Inc. now owns 432,753 shares of the company’s stock valued at $41,735,000 after buying an additional 146,640 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in Helen of Troy by 10.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,199,708 shares of the company’s stock valued at $133,060,000 after buying an additional 111,688 shares in the last quarter. 98.98% of the stock is owned by hedge funds and other institutional investors.
About Helen of Troy
Helen of Troy Ltd. engages in the manufacture and distribution of personal care and household products. It operates through the following segments: Home and Outdoor, Health and Wellness, and Beauty. The Home and Outdoor segment offers food preparation tools, containers, electronics, baby care, and cleaning products.
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