Retirement Systems of Alabama Has $7.87 Million Holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Retirement Systems of Alabama lowered its holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 59.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 191,278 shares of the company’s stock after selling 284,363 shares during the period. Retirement Systems of Alabama owned 0.18% of The Hain Celestial Group worth $7,871,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Teacher Retirement System of Texas lifted its stake in shares of The Hain Celestial Group by 0.3% in the second quarter. Teacher Retirement System of Texas now owns 8,233 shares of the company’s stock worth $320,000 after acquiring an additional 25 shares in the last quarter. New Amsterdam Partners LLC NY raised its stake in The Hain Celestial Group by 0.8% during the second quarter. New Amsterdam Partners LLC NY now owns 8,581 shares of the company’s stock valued at $333,000 after buying an additional 68 shares in the last quarter. Utah Retirement Systems raised its stake in The Hain Celestial Group by 0.5% during the second quarter. Utah Retirement Systems now owns 18,600 shares of the company’s stock valued at $722,000 after buying an additional 100 shares in the last quarter. Goelzer Investment Management Inc. raised its stake in The Hain Celestial Group by 0.5% during the second quarter. Goelzer Investment Management Inc. now owns 50,594 shares of the company’s stock valued at $1,964,000 after buying an additional 260 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in The Hain Celestial Group by 0.6% during the first quarter. Public Employees Retirement System of Ohio now owns 49,254 shares of the company’s stock valued at $1,832,000 after buying an additional 275 shares in the last quarter. 90.28% of the stock is owned by institutional investors and hedge funds.

The Hain Celestial Group, Inc. (NASDAQ HAIN) traded down $0.13 during midday trading on Monday, hitting $42.41. 2,574,459 shares of the company traded hands, compared to its average volume of 1,767,936. The company has a current ratio of 2.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.42. The Hain Celestial Group, Inc. has a twelve month low of $31.01 and a twelve month high of $45.61. The company has a market capitalization of $4,415.30, a PE ratio of 32.47, a PEG ratio of 1.82 and a beta of 1.26.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The business had revenue of $708.30 million for the quarter, compared to the consensus estimate of $697.39 million. The Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 EPS. sell-side analysts predict that The Hain Celestial Group, Inc. will post 1.67 earnings per share for the current year.

A number of equities analysts recently issued reports on HAIN shares. BidaskClub lowered The Hain Celestial Group from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Susquehanna Bancshares set a $45.00 price objective on The Hain Celestial Group and gave the stock a “hold” rating in a report on Tuesday, August 22nd. UBS downgraded The Hain Celestial Group from a “positive” rating to a “neutral” rating in a research report on Tuesday, August 22nd. Jefferies Group reiterated a “buy” rating and set a $52.00 price objective on shares of The Hain Celestial Group in a research report on Monday, August 28th. Finally, Maxim Group reiterated a “buy” rating and set a $50.00 price objective on shares of The Hain Celestial Group in a research report on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $41.31.

In other news, Director Richard Dean Hollis acquired 10,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of $35.27 per share, with a total value of $352,700.00. Following the completion of the acquisition, the director now owns 10,000 shares in the company, valued at approximately $352,700. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO James M. Langrock acquired 5,000 shares of the company’s stock in a transaction dated Thursday, November 9th. The shares were purchased at an average cost of $34.40 per share, with a total value of $172,000.00. Following the acquisition, the chief financial officer now owns 59,233 shares of the company’s stock, valued at approximately $2,037,615.20. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 68,500 shares of company stock valued at $2,352,730. Corporate insiders own 12.34% of the company’s stock.

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The Hain Celestial Group Profile

The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.

Institutional Ownership by Quarter for The Hain Celestial Group (NASDAQ:HAIN)

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