Seven Six Capital Management LLC acquired a new stake in shares of Helen of Troy Limited (NASDAQ:HELE – Free Report) in the third quarter, Holdings Channel reports. The firm acquired 54,700 shares of the company’s stock, valued at approximately $1,378,000. Helen of Troy makes up approximately 1.4% of Seven Six Capital Management LLC’s investment portfolio, making the stock its 23rd largest holding.
Several other large investors also recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its position in shares of Helen of Troy by 216.1% during the second quarter. Tower Research Capital LLC TRC now owns 1,998 shares of the company’s stock worth $57,000 after acquiring an additional 1,366 shares during the period. Lazard Asset Management LLC purchased a new stake in shares of Helen of Troy in the second quarter valued at approximately $67,000. PNC Financial Services Group Inc. grew its stake in Helen of Troy by 26.4% in the second quarter. PNC Financial Services Group Inc. now owns 4,013 shares of the company’s stock worth $114,000 after purchasing an additional 838 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its holdings in Helen of Troy by 16.2% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 5,454 shares of the company’s stock worth $155,000 after purchasing an additional 759 shares during the period. Finally, Canada Pension Plan Investment Board increased its holdings in Helen of Troy by 407.7% during the 2nd quarter. Canada Pension Plan Investment Board now owns 6,600 shares of the company’s stock worth $187,000 after purchasing an additional 5,300 shares during the period.
Helen of Troy Stock Up 0.7%
Shares of NASDAQ HELE traded up $0.13 during mid-day trading on Friday, reaching $16.89. 32,882 shares of the company were exchanged, compared to its average volume of 745,484. Helen of Troy Limited has a 1 year low of $15.21 and a 1 year high of $54.25. The firm has a 50-day moving average of $18.15 and a 200 day moving average of $20.33. The stock has a market cap of $389.54 million, a price-to-earnings ratio of -0.49 and a beta of 0.80. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 1.02.
Wall Street Analyst Weigh In
HELE has been the subject of several research reports. Canaccord Genuity Group set a $22.00 target price on Helen of Troy in a report on Friday, January 9th. Zacks Research downgraded Helen of Troy from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. CJS Securities raised shares of Helen of Troy to a “strong-buy” rating in a research note on Thursday, December 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of Helen of Troy in a research report on Monday, December 29th. Finally, UBS Group reduced their price target on shares of Helen of Troy from $25.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $22.00.
View Our Latest Stock Analysis on HELE
Helen of Troy 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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