Fmr LLC Lowers Position in Helen of Troy Limited (NASDAQ:HELE)

FMR LLC trimmed its holdings in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 7.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,679,872 shares of the company's stock after selling 200,585 shares during the quarter. FMR LLC owned 11.72% of Helen of Troy worth $160,337,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Swiss National Bank raised its holdings in shares of Helen of Troy by 0.9% in the 4th quarter. Swiss National Bank now owns 45,000 shares of the company's stock worth $2,692,000 after purchasing an additional 400 shares during the period. Principal Financial Group Inc. raised its stake in shares of Helen of Troy by 5.2% in the fourth quarter. Principal Financial Group Inc. now owns 131,305 shares of the company's stock valued at $7,856,000 after buying an additional 6,471 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Helen of Troy by 446.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 646,746 shares of the company's stock valued at $38,695,000 after buying an additional 528,305 shares during the last quarter. KBC Group NV lifted its position in shares of Helen of Troy by 73.1% during the 4th quarter. KBC Group NV now owns 1,352 shares of the company's stock valued at $81,000 after buying an additional 571 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Helen of Troy during the 4th quarter worth $484,000.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. StockNews.com raised shares of Helen of Troy from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th. UBS Group cut their price objective 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.

Helen of Troy Price Performance

Shares of HELE stock traded up $0.71 during trading hours on Friday, reaching $33.69. The stock had a trading volume of 732,458 shares, compared to its average volume of 524,340. The stock's fifty day simple moving average is $50.20 and its 200 day simple moving average is $59.92. The company has a current ratio of 1.92, a quick ratio of 1.05 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $770.02 million, a PE ratio of 6.79, a PEG ratio of 1.80 and a beta of 0.89. Helen of Troy Limited has a 12 month low of $32.11 and a 12 month high of $110.76.

About Helen of Troy

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.