Pinnacle Holdings LLC acquired a new stake in shares of Helen of Troy Limited (NASDAQ:HELE – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 80,606 shares of the company’s stock, valued at approximately $2,343,000.
A number of other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Helen of Troy in the second quarter worth approximately $54,740,000. RWWM Inc. raised its holdings in shares of Helen of Troy by 85.7% during the 1st quarter. RWWM Inc. now owns 1,173,829 shares of the company’s stock valued at $16,927,000 after purchasing an additional 541,689 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Helen of Troy by 164.9% during the 4th quarter. Millennium Management LLC now owns 1,049,381 shares of the company’s stock valued at $22,299,000 after purchasing an additional 653,300 shares in the last quarter. Paradigm Capital Management Inc. NY lifted its stake in shares of Helen of Troy by 64.3% in the 1st quarter. Paradigm Capital Management Inc. NY now owns 927,100 shares of the company’s stock valued at $13,369,000 after purchasing an additional 362,900 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Helen of Troy by 24.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 881,344 shares of the company’s stock valued at $18,729,000 after purchasing an additional 175,696 shares during the last quarter.
Helen of Troy Price Performance
NASDAQ HELE opened at $29.06 on Monday. The stock has a 50-day simple moving average of $28.12 and a 200 day simple moving average of $22.86. Helen of Troy Limited has a twelve month low of $13.85 and a twelve month high of $30.68. The stock has a market capitalization of $676.81 million, a PE ratio of -1.62 and a beta of 1.31. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.81 and a current ratio of 1.78.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the stock. Zacks Research cut shares of Helen of Troy from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Wall Street Zen raised Helen of Troy from a “hold” rating to a “strong-buy” rating in a report on Sunday, July 12th. Weiss Ratings downgraded Helen of Troy from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Canaccord Genuity Group upped their target price on Helen of Troy from $23.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, July 9th. Finally, UBS Group increased their price target on Helen of Troy from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $26.50.
Check Out Our Latest Analysis on HELE
Helen of Troy Company Profile
Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.
The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.
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