StockNews.com Downgrades Helen of Troy (NASDAQ:HELE) to Hold

Helen of Troy (NASDAQ:HELE - Get Free Report) was downgraded by StockNews.com from a "buy" rating to a "hold" rating in a report issued on Friday.

Separately, UBS Group cut their target price on shares of Helen of Troy from $68.00 to $38.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th.

Helen of Troy Trading Up 3.3 %

Shares of Helen of Troy stock traded up $1.11 on Friday, hitting $34.78. 477,804 shares of the company traded hands, compared to its average volume of 527,520. 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 company has a market cap of $794.93 million, a PE ratio of 7.01, a PEG ratio of 1.80 and a beta of 0.89. The stock's 50 day moving average price is $48.80 and its 200-day moving average price is $59.32. Helen of Troy has a 52 week low of $30.60 and a 52 week high of $110.76.

Hedge Funds Weigh In On Helen of Troy

Large investors have recently made changes to their positions in the business. Earnest Partners LLC increased its position in Helen of Troy by 18.6% during the 4th quarter. Earnest Partners LLC now owns 757,339 shares of the company's stock valued at $45,312,000 after buying an additional 118,982 shares in the last quarter. Pzena Investment Management LLC raised its position in shares of Helen of Troy by 21.4% in 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 during the last quarter. Cooper Creek Partners Management LLC acquired a new stake in Helen of Troy in the 4th quarter worth approximately $41,248,000. Arrowstreet Capital Limited Partnership increased its stake in 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 purchasing an additional 528,305 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Helen of Troy by 17.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 482,154 shares of the company's stock worth $28,847,000 after buying an additional 72,076 shares during the last quarter.

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.