Legal & General Group Plc Has $3.84 Million Holdings in Helen of Troy Limited (NASDAQ:HELE)

Legal & General Group Plc trimmed its position in Helen of Troy Limited (NASDAQ:HELE) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,198 shares of the company’s stock after selling 1,231 shares during the quarter. Legal & General Group Plc owned 0.28% of Helen of Troy worth $3,841,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HELE. Arrowstreet Capital Limited Partnership raised its stake in shares of Helen of Troy by 446.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company’s stock valued at $38,695,000 after buying an additional 528,305 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Helen of Troy by 104.3% in the fourth quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company’s stock valued at $20,893,000 after acquiring an additional 178,310 shares during the period. Pzena Investment Management LLC raised its position in Helen of Troy by 21.4% in the fourth quarter. Pzena Investment Management LLC now owns 705,711 shares of the company’s stock worth $42,223,000 after purchasing an additional 124,269 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Helen of Troy by 142.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 123,912 shares of the company’s stock worth $7,414,000 after purchasing an additional 72,870 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Helen of Troy by 17.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company’s stock valued at $28,847,000 after purchasing an additional 72,076 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. StockNews.com cut Helen of Troy from a “buy” rating to a “hold” rating in a report on Friday, April 18th. UBS Group cut their price objective on Helen of Troy from $68.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Finally, Canaccord Genuity Group lowered their target price on shares of Helen of Troy from $92.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday.

Helen of Troy Stock Up 5.6 %

Shares of HELE opened at $33.67 on Wednesday. The business’s 50 day simple moving average is $48.80 and its 200-day simple moving average is $59.32. Helen of Troy Limited has a one year low of $30.60 and a one year high of $110.76. The company has a market capitalization of $769.56 million, a P/E ratio of 6.79, a PEG 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.

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.