Helen of Troy (NASDAQ:HELE) Rating Lowered to Hold at StockNews.com

Helen of Troy (NASDAQ:HELE) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Friday.

Separately, UBS Group lowered their target price on Helen of Troy from $68.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday.

Helen of Troy Trading Up 2.2 %

Shares of HELE opened at $33.69 on Friday. Helen of Troy has a twelve month low of $32.11 and a twelve month high of $110.76. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $770.02 million, a P/E ratio of 6.79, a PEG ratio of 1.80 and a beta of 0.89. The firm’s 50-day moving average is $49.74 and its two-hundred day moving average is $59.73.

Institutional Investors Weigh In On Helen of Troy

A number of large investors have recently bought and sold shares of HELE. Public Employees Retirement System of Ohio lifted its position in shares of Helen of Troy by 30.3% in the third quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company’s stock valued at $48,000 after acquiring an additional 182 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Helen of Troy by 66.7% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Helen of Troy by 96.0% during the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company’s stock worth $29,000 after buying an additional 237 shares in the last quarter. Swiss National Bank raised its position in shares of Helen of Troy by 0.9% in the fourth quarter. Swiss National Bank now owns 45,000 shares of the company’s stock valued at $2,692,000 after buying an additional 400 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Helen of Troy by 3.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,970 shares of the company’s stock valued at $776,000 after buying an additional 477 shares during the period.

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.