Envestnet Asset Management Inc. Buys 72,870 Shares of Helen of Troy Limited (NASDAQ:HELE)

Envestnet Asset Management Inc. lifted its stake in Helen of Troy Limited (NASDAQ:HELE - Free Report) by 142.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 123,912 shares of the company's stock after buying an additional 72,870 shares during the period. Envestnet Asset Management Inc. owned about 0.54% of Helen of Troy worth $7,414,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Arrowstreet Capital Limited Partnership grew its stake in Helen of Troy by 446.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock worth $38,695,000 after buying an additional 528,305 shares during the last quarter. Bank of New York Mellon Corp grew its position in Helen of Troy by 104.3% during the 4th quarter. Bank of New York Mellon Corp now owns 349,205 shares of the company's stock worth $20,893,000 after acquiring an additional 178,310 shares during the last quarter. Pzena Investment Management LLC increased its holdings in Helen of Troy by 21.4% during the 4th quarter. Pzena Investment Management LLC now owns 705,711 shares of the company's stock valued at $42,223,000 after purchasing an additional 124,269 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Helen of Troy by 17.6% during the 4th 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. Finally, Franklin Resources Inc. raised its position in Helen of Troy by 604.0% in the 4th quarter. Franklin Resources Inc. now owns 72,367 shares of the company's stock valued at $4,330,000 after purchasing an additional 62,087 shares during the last quarter.

Analyst Ratings Changes

HELE has been the topic of several research analyst reports. Canaccord Genuity Group decreased their target price on Helen of Troy from $92.00 to $70.00 and set a "buy" rating on the stock in a report on Tuesday. StockNews.com cut shares of Helen of Troy from a "buy" rating to a "hold" rating in a research report on Friday, April 18th. Finally, UBS Group lowered their price target on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, April 17th.

Helen of Troy Trading Down 5.1 %

HELE stock traded down $1.54 during midday trading on Friday, reaching $28.51. The company's stock had a trading volume of 720,808 shares, compared to its average volume of 529,038. The business's 50-day simple moving average is $47.83 and its 200-day simple moving average is $58.92. The stock has a market cap of $651.51 million, a PE ratio of 5.76, a price-to-earnings-growth ratio of 1.80 and a beta of 0.89. Helen of Troy Limited has a 52 week low of $28.20 and a 52 week high of $110.76. The company has a quick ratio of 1.05, a current ratio of 1.92 and a debt-to-equity ratio of 0.45.

Helen of Troy 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.