Helen of Troy (NASDAQ:HELE) Sees Strong Trading Volume

Helen of Troy Limited (NASDAQ:HELE - Get Free Report) shares saw an uptick in trading volume on Wednesday . 298,000 shares changed hands during mid-day trading, an increase of 34% from the previous session's volume of 222,460 shares.The stock last traded at $93.58 and had previously closed at $100.28.

Analysts Set New Price Targets

A number of research firms recently commented on HELE. StockNews.com raised Helen of Troy from a "hold" rating to a "buy" rating in a research note on Tuesday, January 9th. UBS Group lifted their target price on Helen of Troy from $119.00 to $129.00 and gave the stock a "neutral" rating in a report on Tuesday, January 9th. Finally, DA Davidson reiterated a "buy" rating and issued a $151.00 target price on shares of Helen of Troy in a report on Thursday, March 7th.

Helen of Troy Stock Performance

The firm has a market capitalization of $2.15 billion, a P/E ratio of 13.40, a P/E/G ratio of 1.48 and a beta of 0.80. The stock has a fifty day simple moving average of $113.90 and a two-hundred day simple moving average of $112.44. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.76 and a quick ratio of 0.98.

Institutional Investors Weigh In On Helen of Troy

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Helen of Troy by 0.7% during the third quarter. Vanguard Group Inc. now owns 2,408,664 shares of the company's stock valued at $280,754,000 after acquiring an additional 16,124 shares in the last quarter. Capital Research Global Investors increased its holdings in shares of Helen of Troy by 6.9% during the fourth quarter. Capital Research Global Investors now owns 1,761,029 shares of the company's stock valued at $212,750,000 after acquiring an additional 114,215 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Helen of Troy by 1.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 920,098 shares of the company's stock valued at $106,032,000 after acquiring an additional 13,206 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Helen of Troy by 3.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 334,551 shares of the company's stock valued at $38,995,000 after acquiring an additional 11,285 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Helen of Troy by 8.9% during the third quarter. Northern Trust Corp now owns 329,849 shares of the company's stock valued at $38,447,000 after acquiring an additional 26,990 shares in 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 preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.