Helen of Troy (NASDAQ:HELE) Given New $70.00 Price Target at Canaccord Genuity Group

Helen of Troy (NASDAQ:HELE - Free Report) had its target price decreased by Canaccord Genuity Group from $92.00 to $70.00 in a research note issued to investors on Tuesday morning, MarketBeat.com reports. Canaccord Genuity Group currently has a buy rating on the stock.

HELE has been the subject of a number of other research reports. StockNews.com cut Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, April 18th. UBS Group lowered their price objective on Helen of Troy from $68.00 to $38.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th.

Helen of Troy Trading Down 4.8 %

HELE stock traded down $1.43 during trading on Tuesday, reaching $28.61. The company had a trading volume of 1,894,119 shares, compared to its average volume of 532,483. The business has a 50 day moving average of $47.27 and a 200 day moving average of $58.59. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.92 and a quick ratio of 1.05. The company has a market cap of $653.91 million, a P/E ratio of 5.77, a PEG ratio of 1.80 and a beta of 0.89. Helen of Troy has a 52 week low of $27.76 and a 52 week high of $110.76.

Institutional Trading of Helen of Troy

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in Helen of Troy by 96.0% in the fourth quarter. GAMMA Investing LLC now owns 484 shares of the company's stock worth $29,000 after acquiring an additional 237 shares in the last quarter. Canada Pension Plan Investment Board grew its position in Helen of Troy by 66.7% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the company's stock valued at $30,000 after purchasing an additional 200 shares during the last quarter. Sterling Capital Management LLC increased its stake in Helen of Troy by 844.7% during the 4th quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock valued at $43,000 after purchasing an additional 642 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Helen of Troy in the fourth quarter worth about $44,000. Finally, Quarry LP raised its holdings in Helen of Troy by 917.5% in the fourth quarter. Quarry LP now owns 814 shares of the company's stock worth $49,000 after buying an additional 734 shares during the last quarter.

Helen of Troy Company Profile

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.