Arizona State Retirement System Reduces Stock Holdings in Helen of Troy Limited (NASDAQ:HELE)

Arizona State Retirement System reduced its stake in shares of Helen of Troy Limited (NASDAQ:HELE) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,637 shares of the company’s stock after selling 224 shares during the quarter. Arizona State Retirement System’s holdings in Helen of Troy were worth $802,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of HELE. Belpointe Asset Management LLC raised its holdings in shares of Helen of Troy by 1,573.3% during the 1st quarter. Belpointe Asset Management LLC now owns 502 shares of the company’s stock valued at $48,000 after buying an additional 472 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in Helen of Troy during the 2nd quarter valued at approximately $65,000. State of Wyoming grew its stake in Helen of Troy by 28.1% during the 2nd quarter. State of Wyoming now owns 698 shares of the company’s stock valued at $75,000 after purchasing an additional 153 shares in the last quarter. Strs Ohio acquired a new stake in Helen of Troy during the 3rd quarter valued at approximately $93,000. Finally, Public Employees Retirement System of Ohio grew its stake in Helen of Troy by 19.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,199 shares of the company’s stock valued at $116,000 after purchasing an additional 196 shares in the last quarter.

Analysts Set New Price Targets

HELE has been the subject of a number of recent analyst reports. UBS Group raised 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. DA Davidson restated 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, StockNews.com upgraded Helen of Troy from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th.

Helen of Troy Price Performance

Shares of HELE opened at $96.15 on Thursday. The firm has a market cap of $2.28 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 1.45 and a beta of 0.80. The stock has a 50 day moving average of $116.02 and a 200-day moving average of $112.88. The company has a current ratio of 1.76, a quick ratio of 0.98 and a debt-to-equity ratio of 0.46. Helen of Troy Limited has a 52 week low of $81.14 and a 52 week high of $143.68.

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.