Ontario Teachers Pension Plan Board acquired a new stake in Helen of Troy Limited (NASDAQ:HELE) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,426 shares of the company’s stock, valued at approximately $281,000.
Other large investors have also recently made changes to their positions in the company. Penserra Capital Management LLC acquired a new stake in Helen of Troy in the fourth quarter valued at about $28,000. Rockefeller Capital Management L.P. acquired a new stake in Helen of Troy in the first quarter valued at about $29,000. Resources Investment Advisors Inc. acquired a new stake in Helen of Troy in the fourth quarter valued at about $31,000. Ffcm LLC acquired a new stake in Helen of Troy in the fourth quarter valued at about $37,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Helen of Troy in the fourth quarter valued at about $63,000. Hedge funds and other institutional investors own 98.93% of the company’s stock.
Shares of HELE stock traded up $0.75 during midday trading on Wednesday, reaching $134.87. 4,468 shares of the company traded hands, compared to its average volume of 292,153. Helen of Troy Limited has a 1-year low of $94.45 and a 1-year high of $145.46. The company has a current ratio of 1.94, a quick ratio of 0.97 and a debt-to-equity ratio of 0.32. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 2.50 and a beta of 0.75.
In other news, Director Timothy F. Meeker sold 2,400 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $144.00, for a total transaction of $345,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.62% of the company’s stock.
A number of research firms have recently issued reports on HELE. BidaskClub upgraded shares of Helen of Troy from a “strong sell” rating to a “sell” rating in a research report on Saturday, March 16th. Sidoti downgraded shares of Helen of Troy from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 8th. Zacks Investment Research upgraded shares of Helen of Troy from a “sell” rating to a “hold” rating in a research report on Friday, February 22nd. Bank of America lifted their price target on shares of Helen of Troy from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, May 22nd. Finally, ValuEngine downgraded shares of Helen of Troy from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $144.67.
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About Helen of Troy
Helen of Troy Limited designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. It operates in three segments: Housewares, Health & Home, and Beauty. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization, bathroom accessories, and gardening products; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.
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