Helen of Troy (NASDAQ:HELE) Sees Large Volume Increase

Shares of Helen of Troy Limited (NASDAQ:HELE) saw strong trading volume on Thursday . 275,052 shares traded hands during trading, an increase of 31% from the previous session’s volume of 209,399 shares.The stock last traded at $97.48 and had previously closed at $96.15.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. StockNews.com upgraded shares of Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. DA Davidson reissued a “buy” rating and set a $151.00 price objective on shares of Helen of Troy in a research note on Thursday, March 7th. Finally, UBS Group increased their price objective on Helen of Troy from $119.00 to $129.00 and gave the company a “neutral” rating in a research note on Tuesday, January 9th.

Helen of Troy Stock Performance

The stock has a market cap of $2.34 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 1.46 and a beta of 0.80. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.76 and a quick ratio of 0.98. The business has a 50 day moving average price of $116.02 and a two-hundred day moving average price of $112.88.

Institutional Trading of Helen of Troy

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Belpointe Asset Management LLC lifted its stake in Helen of Troy by 1,573.3% in the first quarter. Belpointe Asset Management LLC now owns 502 shares of the company’s stock worth $48,000 after acquiring an additional 472 shares during the period. KBC Group NV purchased a new stake in Helen of Troy in the fourth quarter worth $49,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in Helen of Troy in the second quarter worth $65,000. State of Wyoming lifted its stake in Helen of Troy by 28.1% in the second quarter. State of Wyoming now owns 698 shares of the company’s stock worth $75,000 after acquiring an additional 153 shares during the period. Finally, Strs Ohio purchased a new stake in Helen of Troy in the third quarter worth $93,000.

Helen of Troy Company 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 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.