HPM Partners LLC grew its holdings in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 50.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,225 shares of the company’s stock after buying an additional 2,751 shares during the quarter. HPM Partners LLC’s holdings in Hain Celestial Group were worth $349,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the business. Pacer Advisors Inc. lifted its position in Hain Celestial Group by 11.5% during the 3rd quarter. Pacer Advisors Inc. now owns 14,743 shares of the company’s stock worth $607,000 after buying an additional 1,522 shares in the last quarter. Welch & Forbes LLC lifted its position in Hain Celestial Group by 0.6% during the 3rd quarter. Welch & Forbes LLC now owns 280,165 shares of the company’s stock worth $11,528,000 after buying an additional 1,605 shares in the last quarter. KBC Group NV lifted its position in Hain Celestial Group by 106.9% during the 4th quarter. KBC Group NV now owns 3,752 shares of the company’s stock worth $159,000 after buying an additional 1,939 shares in the last quarter. UBS Asset Management Americas Inc. lifted its position in Hain Celestial Group by 2.4% during the 4th quarter. UBS Asset Management Americas Inc. now owns 94,481 shares of the company’s stock worth $4,005,000 after buying an additional 2,238 shares in the last quarter. Finally, New Amsterdam Partners LLC NY lifted its position in Hain Celestial Group by 27.4% during the 4th quarter. New Amsterdam Partners LLC NY now owns 10,928 shares of the company’s stock worth $463,000 after buying an additional 2,347 shares in the last quarter. 91.31% of the stock is currently owned by hedge funds and other institutional investors.
In related news, Director Glenn W. Welling purchased 1,407,543 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average price of $34.83 per share, for a total transaction of $49,024,722.69. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 12.34% of the stock is currently owned by corporate insiders.
HAIN has been the topic of several analyst reports. Zacks Investment Research raised shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Loop Capital set a $38.00 price target on shares of Hain Celestial Group and gave the stock a “hold” rating in a research report on Thursday, December 28th. Maxim Group reissued a “sell” rating on shares of Hain Celestial Group in a research report on Tuesday, December 19th. BidaskClub raised shares of Hain Celestial Group from a “strong sell” rating to a “sell” rating in a report on Saturday, February 17th. Finally, Susquehanna Bancshares reaffirmed a “hold” rating and issued a $43.00 target price on shares of Hain Celestial Group in a report on Tuesday, January 23rd. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. Hain Celestial Group currently has a consensus rating of “Hold” and a consensus target price of $40.36.
Shares of HAIN opened at $30.67 on Friday. Hain Celestial Group Inc has a 52 week low of $30.39 and a 52 week high of $45.61. The stock has a market capitalization of $3,218.34, a P/E ratio of 25.14, a P/E/G ratio of 0.98 and a beta of 1.13. 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 (NASDAQ:HAIN) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.41 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.01). Hain Celestial Group had a net margin of 3.38% and a return on equity of 8.35%. The company had revenue of $775.20 million during the quarter, compared to analyst estimates of $774.50 million. During the same quarter last year, the company posted $0.32 EPS. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. equities analysts expect that Hain Celestial Group Inc will post 1.66 earnings per share for the current year.
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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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