Bridgewater Associates LP Sells 10,732 Shares of Helen of Troy Limited (NASDAQ:HELE)

Bridgewater Associates LP reduced its holdings in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 71.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,325 shares of the company's stock after selling 10,732 shares during the quarter. Bridgewater Associates LP's holdings in Helen of Troy were worth $259,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of HELE. GAMMA Investing LLC raised its stake in shares of Helen of Troy by 96.0% during the 4th quarter. GAMMA Investing LLC now owns 484 shares of the company's stock worth $29,000 after purchasing an additional 237 shares during the period. Sterling Capital Management LLC raised its position in Helen of Troy by 844.7% in the fourth quarter. Sterling Capital Management LLC now owns 718 shares of the company's stock worth $43,000 after acquiring an additional 642 shares during the period. FNY Investment Advisers LLC bought a new stake in Helen of Troy in the fourth quarter worth about $44,000. Public Employees Retirement System of Ohio boosted its stake in Helen of Troy by 30.3% in the third quarter. Public Employees Retirement System of Ohio now owns 783 shares of the company's stock valued at $48,000 after acquiring an additional 182 shares during the last quarter. Finally, KBC Group NV grew 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 acquiring an additional 571 shares during the period.

Analysts Set New Price Targets

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

Helen of Troy Stock Performance

HELE stock traded down $1.43 during midday trading on Friday, reaching $28.61. 1,894,119 shares of the company's stock traded hands, compared to its average volume of 533,384. Helen of Troy Limited has a 52 week low of $27.76 and a 52 week high of $110.76. The company has a 50-day moving average price of $47.27 and a two-hundred day moving average price of $58.69. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.05 and a current ratio of 1.92. The firm has a market capitalization of $653.91 million, a PE ratio of 5.77, a price-to-earnings-growth ratio of 1.80 and a beta of 0.89.

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.