Helen of Troy Limited (NASDAQ:HELE) Shares Acquired by Mutual of America Capital Management LLC – Defense World

Mutual of America Capital Management LLC increased its position in Helen of Troy Limited (NASDAQ:HELE – Get Rating) by 2.0% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 22,011 shares of the company’s stock after acquiring an additional 434 shares during the period. Mutual of America Capital Management LLC’s holdings in Helen of Troy were worth $4,311,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Capital International Investors lifted its holdings in shares of Helen of Troy by 37.8% in the fourth quarter. Capital International Investors now owns 1,416,328 shares of the company’s stock valued at $346,250,000 after buying an additional 388,569 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Helen of Troy by 7.4% in the fourth quarter. JPMorgan Chase & Co. now owns 1,378,747 shares of the company’s stock valued at $337,063,000 after buying an additional 95,539 shares during the period. Cooke & Bieler LP lifted its holdings in shares of Helen of Troy by 0.6% in the fourth quarter. Cooke & Bieler LP now owns 1,358,991 shares of the company’s stock valued at $332,233,000 after buying an additional 7,980 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Helen of Troy in the fourth quarter valued at $263,020,000. Finally, Capital World Investors lifted its holdings in shares of Helen of Troy by 8.5% in the fourth quarter. Capital World Investors now owns 781,000 shares of the company’s stock valued at $190,931,000 after buying an additional 61,000 shares during the period.

Analyst Upgrades and Downgrades

HELE has been the subject of several analyst reports. StockNews.com downgraded Helen of Troy from a “hold” rating to a “sell” rating in a report on Saturday, July 16th. DA Davidson reduced their target price on Helen of Troy from $244.00 to $175.00 and set a “neutral” rating for the company in a report on Friday, July 8th. CL King reduced their target price on Helen of Troy from $282.00 to $206.00 in a report on Tuesday, June 28th. TheStreet lowered Helen of Troy from a “b-” rating to a “c+” rating in a research report on Thursday, June 16th. Finally, Raymond James began coverage on Helen of Troy in a research report on Tuesday, July 12th. They set a “market perform” rating on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Helen of Troy currently has an average rating of “Hold” and an average price target of $214.67.

Insiders Place Their Bets

In other Helen of Troy news, Director Gary B. Abromovitz sold 1,038 shares of Helen of Troy stock in a transaction on Thursday, May 5th. The stock was sold at an average price of $209.00, for a total transaction of $216,942.00. Following the completion of the transaction, the director now directly owns 6,047 shares of the company’s stock, valued at $1,263,823. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.88% of the company’s stock.

Helen of Troy Stock Performance

Shares of HELE stock opened at $136.40 on Tuesday. The firm has a market cap of $3.27 billion, a P/E ratio of 17.33, a PEG ratio of 2.06 and a beta of 0.76. The stock’s 50-day moving average is $161.82 and its two-hundred day moving average is $191.35. Helen of Troy Limited has a fifty-two week low of $123.57 and a fifty-two week high of $256.26. …….

Source: https://www.defenseworld.net/2022/07/26/helen-of-troy-limited-nasdaqhele-shares-acquired-by-mutual-of-america-capital-management-llc.html

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