Geode Capital Management LLC Sells 1,318 Shares of Helen of Troy Limited (NASDAQ:HELE)

Geode Capital Management LLC trimmed its holdings in Helen of Troy Limited (NASDAQ:HELE) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 534,565 shares of the company’s stock after selling 1,318 shares during the period. Geode Capital Management LLC owned about 2.34% of Helen of Troy worth $31,991,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Franklin Resources Inc. grew its position in Helen of Troy by 604.0% in the 4th quarter. Franklin Resources Inc. now owns 72,367 shares of the company’s stock worth $4,330,000 after purchasing an additional 62,087 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Helen of Troy by 446.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company’s stock worth $38,695,000 after acquiring an additional 528,305 shares during the period. Pacific Ridge Capital Partners LLC grew its position in Helen of Troy by 87.5% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 10,230 shares of the company’s stock worth $612,000 after buying an additional 4,774 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Helen of Troy by 7.4% during the fourth quarter. JPMorgan Chase & Co. now owns 90,080 shares of the company’s stock valued at $5,389,000 after purchasing an additional 6,191 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in Helen of Troy during the fourth quarter valued at about $863,000.

Helen of Troy Stock Up 1.0 %

HELE stock opened at $32.98 on Thursday. The business has a fifty day moving average price of $50.68 and a 200-day moving average price of $60.12. Helen of Troy Limited has a 1-year low of $32.16 and a 1-year high of $110.76. The stock has a market capitalization of $753.79 million, a P/E ratio of 6.65, a P/E/G ratio of 1.80 and a beta of 0.89. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05.

Analyst Ratings Changes

Several research firms have recently commented on HELE. UBS Group decreased their price objective on Helen of Troy from $79.00 to $69.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. StockNews.com raised shares of Helen of Troy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th.

About Helen of Troy

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.