SG Americas Securities LLC boosted its position in Hain Celestial Group Inc (NASDAQ:HAIN) by 125.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,978 shares of the company’s stock after acquiring an additional 11,681 shares during the quarter. SG Americas Securities LLC’s holdings in Hain Celestial Group were worth $889,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of HAIN. Saratoga Research & Investment Management acquired a new stake in Hain Celestial Group in the third quarter valued at approximately $124,000. First National Trust Co. acquired a new stake in Hain Celestial Group in the third quarter valued at approximately $201,000. Oakbrook Investments LLC acquired a new stake in Hain Celestial Group in the third quarter valued at approximately $202,000. GSA Capital Partners LLP acquired a new stake in Hain Celestial Group in the third quarter valued at approximately $228,000. Finally, Creative Planning acquired a new stake in Hain Celestial Group in the fourth quarter valued at approximately $234,000. 90.03% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Hain Celestial Group Inc (NASDAQ:HAIN) opened at $35.48 on Friday. The company has a current ratio of 2.44, a quick ratio of 1.19 and a debt-to-equity ratio of 0.41. Hain Celestial Group Inc has a 1-year low of $31.01 and a 1-year high of $45.61. The firm has a market cap of $3,634.01, a P/E ratio of 24.98, a price-to-earnings-growth ratio of 1.11 and a beta of 1.09.
Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). Hain Celestial Group had a return on equity of 8.35% and a net margin of 3.38%. The company had revenue of $775.20 million for the quarter, compared to analyst estimates of $774.50 million. During the same period in the previous year, the business posted $0.32 EPS. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. sell-side analysts expect that Hain Celestial Group Inc will post 1.66 EPS for the current year.
Several brokerages recently weighed in on HAIN. Jefferies Group reaffirmed a “buy” rating and issued a $52.00 target price on shares of Hain Celestial Group in a report on Wednesday, February 7th. BMO Capital Markets reduced their target price on shares of Hain Celestial Group from $44.00 to $39.00 and set a “market perform” rating on the stock in a report on Thursday, February 8th. BidaskClub raised shares of Hain Celestial Group from a “strong sell” rating to a “sell” rating in a report on Saturday. Loop Capital reaffirmed a “hold” rating and issued a $38.00 target price on shares of Hain Celestial Group in a report on Friday, December 22nd. Finally, Zacks Investment Research cut shares of Hain Celestial Group from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $40.72.
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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.
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