100,000 Shares in Hain Celestial Group Inc (HAIN) Purchased by Caxton Associates LP

Caxton Associates LP acquired a new stake in shares of Hain Celestial Group Inc (NASDAQ:HAIN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 100,000 shares of the company’s stock, valued at approximately $4,115,000. Caxton Associates LP owned about 0.10% of Hain Celestial Group at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of HAIN. Strs Ohio acquired a new position in shares of Hain Celestial Group during the third quarter valued at about $32,144,000. Black Creek Investment Management Inc. acquired a new position in shares of Hain Celestial Group during the second quarter valued at about $30,283,000. Eagle Asset Management Inc. acquired a new position in shares of Hain Celestial Group during the third quarter valued at about $32,091,000. Toronto Dominion Bank acquired a new position in shares of Hain Celestial Group during the second quarter valued at about $13,584,000. Finally, Bank of Nova Scotia acquired a new position in shares of Hain Celestial Group during the second quarter valued at about $11,855,000. Hedge funds and other institutional investors own 90.28% of the company’s stock.

A number of brokerages have recently issued reports on HAIN. Susquehanna Bancshares cut shares of Hain Celestial Group from a “positive” rating to a “neutral” rating in a report on Tuesday, August 22nd. UBS cut shares of Hain Celestial Group from a “positive” rating to a “neutral” rating in a report on Tuesday, August 22nd. Sanford C. Bernstein began coverage on shares of Hain Celestial Group in a report on Friday, October 6th. They set a “market perform” rating and a $45.00 price objective for the company. Zacks Investment Research upgraded shares of Hain Celestial Group from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a report on Tuesday, October 10th. Finally, Wells Fargo & Company restated a “market perform” rating and set a $42.00 price target on shares of Hain Celestial Group in a report on Saturday, September 30th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $41.31.

Hain Celestial Group Inc (NASDAQ:HAIN) opened at $40.89 on Friday. Hain Celestial Group Inc has a twelve month low of $31.01 and a twelve month high of $45.61. The firm has a market cap of $4,346.80, a PE ratio of 31.97, a P/E/G ratio of 1.79 and a beta of 1.26. The company has a current ratio of 2.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.42.

Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). The firm had revenue of $708.30 million for the quarter, compared to analysts’ expectations of $697.39 million. Hain Celestial Group had a return on equity of 4.57% and a net margin of 2.80%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.14 earnings per share. analysts predict that Hain Celestial Group Inc will post 1.67 EPS for the current year.

In related news, CEO Irwin D. Simon acquired 50,000 shares of the stock in a transaction on Thursday, November 9th. The shares were acquired at an average price of $34.14 per share, with a total value of $1,707,000.00. Following the completion of the transaction, the chief executive officer now owns 1,695,014 shares in the company, valued at approximately $57,867,777.96. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Michael B. Mcguinness acquired 3,500 shares of the stock in a transaction on Thursday, November 9th. The stock was bought at an average cost of $34.58 per share, for a total transaction of $121,030.00. Following the transaction, the senior vice president now owns 55,131 shares of the company’s stock, valued at approximately $1,906,429.98. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 68,500 shares of company stock worth $2,352,730. Insiders own 12.34% of the company’s stock.

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About Hain Celestial Group

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 Hain Celestial Group (NASDAQ:HAIN)

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