SG Americas Securities LLC lifted its stake in Hain Celestial Group Inc (NASDAQ:HAIN) by 125.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,978 shares of the company’s stock after acquiring an additional 11,681 shares during the period. SG Americas Securities LLC’s holdings in Hain Celestial Group were worth $889,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Stifel Financial Corp raised its stake in shares of Hain Celestial Group by 12.3% in the 3rd quarter. Stifel Financial Corp now owns 25,881 shares of the company’s stock valued at $1,063,000 after acquiring an additional 2,843 shares in the last quarter. Hussman Strategic Advisors Inc. bought a new position in Hain Celestial Group in the 3rd quarter worth approximately $2,058,000. Schwab Charles Investment Management Inc. increased its position in Hain Celestial Group by 10.4% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 455,205 shares of the company’s stock worth $18,732,000 after buying an additional 42,972 shares during the period. Engineers Gate Manager LP bought a new position in Hain Celestial Group in the 3rd quarter worth approximately $804,000. Finally, Candriam Luxembourg S.C.A. bought a new position in Hain Celestial Group in the 3rd quarter worth approximately $494,000. 93.10% of the stock is currently owned by institutional investors and hedge funds.
Hain Celestial Group Inc (HAIN) traded up $1.14 on Friday, hitting $34.85. The stock had a trading volume of 1,310,000 shares, compared to its average volume of 1,190,000. The company has a market capitalization of $3,740.00, a PE ratio of 49.08, a PEG ratio of 1.07 and a beta of 1.09. 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.
Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.41 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). The company had revenue of $775.20 million during the quarter, compared to analyst estimates of $774.50 million. Hain Celestial Group had a net margin of 3.38% and a return on equity of 8.35%. Hain Celestial Group’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.32 EPS. analysts anticipate that Hain Celestial Group Inc will post 1.66 earnings per share for the current year.
Several research analysts have commented on HAIN shares. Maxim Group reaffirmed a “sell” rating on shares of Hain Celestial Group in a research report on Tuesday, December 19th. Sanford C. Bernstein raised Hain Celestial Group from a “market perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research report on Wednesday, November 8th. TheStreet downgraded Hain Celestial Group from a “b-” rating to a “c” rating in a research report on Tuesday, November 7th. Zacks Investment Research downgraded Hain Celestial Group from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, Royal Bank of Canada reaffirmed a “hold” rating on shares of Hain Celestial Group in a research report on Thursday, November 9th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $41.11.
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Hain Celestial Group Company 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.
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