Helen of Troy (HELE) Upgraded at BidaskClub

Helen of Troy Limited (NASDAQ:HELE) has declined 12.70% since April 14, 2017 and is downtrending. The firm owned 18,528 shares of the company's stock after selling 6,478 shares during the period. The stock had a trading volume of 60,283 shares, compared to its average volume of 158,293. Finally, TheStreet lowered shares of Helen of Troy from a "b" rating to a "c" rating in a research note on Monday, January 8th. Meadow Creek Investment Management LLC raised its holdings in Helen of Troy by 25.2% in the fourth quarter.

Helen of Troy Limited (HELE) formed wedge down with $82.13 target or 4.00% below today's $85.55 share price. The stock decreased 1.10% or $0.95 during the last trading session, reaching $85.55.

Hedge funds have recently modified their holdings of the stock. Helen of Troy Limited (HELE) has $2.31 billion valuation. The firm has a market capitalization of $2,332.74, a P/E ratio of 13.67, a P/E/G ratio of 2.71 and a beta of 0.82. New York State Common Retirement Fund now owns 36,510 shares of the company's stock valued at $3,538,000 after purchasing an additional 800 shares in the last quarter. Jane Street Group LLC bought a new position in Helen of Troy in the fourth quarter worth $316,000. Eagle Asset Management Inc. now owns 76,324 shares of the company's stock valued at $7,248,000 after purchasing an additional 945 shares in the last quarter. The company reported $2.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.90 by $0.47. Institutional investors own 94.80% of the company's stock.

A number of brokerages recently weighed in on HELE. Quantbot Technologies LP bought a new stake in shares of Helen of Troy Limited during the third quarter worth $127,000. BidaskClub raised Helen of Troy from a "sell" rating to a "hold" rating in a research note on Friday, March 30th. James Investment Research Inc. raised its position in Helen of Troy by 2.7% during the 4th quarter. Zacks Investment Research lowered Helen of Troy from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 21st. ValuEngine lowered Helen of Troy from a "buy" rating to a "hold" rating in a research note on Friday, February 2nd. Ohio-based Bowling Portfolio Management Ltd Llc has invested 0.03% in Helen of Troy Limited (NASDAQ:HELE). DA Davidson initiated coverage on shares of Helen of Troy in a research report on Wednesday, March 28th. Victory Capital Management Inc. now owns 1,451 shares of the company's stock worth $125,000 after buying an additional 587 shares in the last quarter.

Among 8 analysts covering Helen of Troy (NASDAQ:HELE), 4 have Buy rating, 1 Sell and 3 Hold. They set a "buy" rating and a $100.00 price target for the company.

WARNING: "Helen of Troy Limited (HELE) Shares Sold by First Trust Advisors LP" was originally published by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this report on another website, it was stolen and republished in violation of worldwide copyright and trademark legislation. It operates in four divisions: Housewares, Health & Home, Nutritional Supplements, and Beauty. The Company is a global designer, developer, importer, marketer and distributor of a portfolio of brand-name consumer products. The correct version of this report can be accessed at https://theenterpriseleader.com/2018/04/15/xact-kapitalforvaltning-ab-buys-shares-of-2651-helen-of-troy-limited-hele.html. The Housewares segment offers food and beverage preparation tools and gadgets, storage containers, and organization products; household cleaning products, and shower organization and bathroom accessories; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; and insulated water bottles, jugs, drinkware, travel mugs, and food containers.