Pacer Advisors Inc. Invests $5.23 Million in Helen of Troy Limited $HELE

Pacer Advisors Inc. acquired a new stake in shares of Helen of Troy Limited (NASDAQ:HELE) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 207,670 shares of the company’s stock, valued at approximately $5,233,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HELE. Signaturefd LLC raised its position in Helen of Troy by 71.1% during the second quarter. Signaturefd LLC now owns 1,429 shares of the company’s stock valued at $41,000 after purchasing an additional 594 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Helen of Troy by 2,820.0% during the 2nd quarter. Parallel Advisors LLC now owns 1,752 shares of the company’s stock valued at $50,000 after purchasing an additional 1,692 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Helen of Troy by 216.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,998 shares of the company’s stock valued at $57,000 after buying an additional 1,366 shares in the last quarter. Lazard Asset Management LLC bought a new stake in Helen of Troy in the 2nd quarter worth approximately $67,000. Finally, State of Wyoming boosted its stake in Helen of Troy by 137.8% in the first quarter. State of Wyoming now owns 1,936 shares of the company’s stock worth $104,000 after buying an additional 1,122 shares in the last quarter.

Analysts Set New Price Targets

Several research analysts have commented on HELE shares. UBS Group reissued a “neutral” rating on shares of Helen of Troy in a research note on Wednesday, November 26th. Weiss Ratings reiterated a “sell (d)” rating on shares of Helen of Troy in a research report on Monday, December 15th. Canaccord Genuity Group lowered their price target on shares of Helen of Troy from $26.00 to $23.00 and set a “hold” rating for the company in a research note on Friday, October 10th. Zacks Research raised Helen of Troy from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. Finally, CJS Securities raised Helen of Troy to a “strong-buy” rating in a research note on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Helen of Troy currently has a consensus rating of “Hold” and a consensus price target of $24.00.

Helen of Troy Trading Down 0.2%

Shares of HELE opened at $21.10 on Tuesday. The stock has a market capitalization of $485.93 million, a P/E ratio of -0.74 and a beta of 0.82. Helen of Troy Limited has a twelve month low of $17.01 and a twelve month high of $69.05. The company has a quick ratio of 0.74, a current ratio of 1.71 and a debt-to-equity ratio of 0.94. The firm has a fifty day simple moving average of $19.68 and a two-hundred day simple moving average of $22.80.

About Helen of Troy

Helen of Troy Limited is a global consumer products company that designs, sources and markets a diversified portfolio of household, health and beauty brands. Headquartered in El Paso, Texas, the company operates through three principal segments—Health & Home, Housewares and Beauty—offering products under well-known names including OXO, Vicks, Braun, Honeywell Home, PUR and Hot Tools. Helen of Troy distributes its products through a combination of mass, specialty and e-commerce channels to consumers, retailers and distributors worldwide.

The Housewares segment features kitchen tools, gadgets and organizational solutions marketed primarily under the OXO brand, recognized for its ergonomic “Good Grips” design.