James Investment Research Inc. raised its position in Helen of Troy Limited (NASDAQ:HELE) by 100.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 31,615 shares of the company’s stock after acquiring an additional 15,822 shares during the period. James Investment Research Inc. owned approximately 0.13% of Helen of Troy worth $4,129,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Cerebellum GP LLC acquired a new stake in shares of Helen of Troy in the 2nd quarter worth $31,000. Asset Planning Services Ltd. acquired a new stake in shares of Helen of Troy in the 2nd quarter worth $58,000. AdvisorNet Financial Inc lifted its stake in shares of Helen of Troy by 28.0% in the 2nd quarter. AdvisorNet Financial Inc now owns 974 shares of the company’s stock worth $127,000 after acquiring an additional 213 shares during the period. Convergence Investment Partners LLC acquired a new stake in shares of Helen of Troy in the 1st quarter worth $191,000. Finally, Oakbrook Investments LLC acquired a new stake in shares of Helen of Troy in the first quarter valued at about $209,000. Institutional investors own 98.08% of the company’s stock.
Shares of NASDAQ HELE opened at $145.94 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.20 and a quick ratio of 1.04. Helen of Troy Limited has a 52 week low of $108.31 and a 52 week high of $153.80. The company has a 50-day moving average of $141.08. The firm has a market capitalization of $3.65 billion, a PE ratio of 20.07, a price-to-earnings-growth ratio of 2.85 and a beta of 0.64.
Several analysts recently commented on the stock. BidaskClub upgraded shares of Helen of Troy from a “sell” rating to a “hold” rating in a research note on Friday, July 19th. Sidoti cut shares of Helen of Troy from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 8th. Bank of America raised their price objective on shares of Helen of Troy from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Wednesday, July 10th. ValuEngine upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research note on Friday, April 26th. Finally, DA Davidson reiterated a “buy” rating on shares of Helen of Troy in a research note on Thursday, April 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $156.50.
In other Helen of Troy news, Director Vincent D. Carson sold 13,415 shares of Helen of Troy stock in a transaction dated Friday, July 12th. The shares were sold at an average price of $146.08, for a total transaction of $1,959,663.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.77% of the company’s stock.
About Helen of Troy
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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