Hain Celestial Group Inc (HAIN) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund lowered its holdings in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 13.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,204 shares of the company’s stock after selling 5,388 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Hain Celestial Group were worth $955,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in shares of Hain Celestial Group by 1.0% during the second quarter. BlackRock Inc. now owns 8,777,416 shares of the company’s stock worth $261,568,000 after buying an additional 89,119 shares in the last quarter. State of New Jersey Common Pension Fund D grew its holdings in shares of Hain Celestial Group by 9.3% during the third quarter. State of New Jersey Common Pension Fund D now owns 2,950,000 shares of the company’s stock worth $80,004,000 after buying an additional 250,000 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Hain Celestial Group by 46.3% during the second quarter. Bank of New York Mellon Corp now owns 1,723,433 shares of the company’s stock worth $51,358,000 after buying an additional 545,113 shares in the last quarter. Eagle Asset Management Inc. grew its holdings in shares of Hain Celestial Group by 9.8% during the second quarter. Eagle Asset Management Inc. now owns 1,050,836 shares of the company’s stock worth $31,314,000 after buying an additional 93,717 shares in the last quarter. Finally, PGGM Investments grew its holdings in shares of Hain Celestial Group by 37.4% during the third quarter. PGGM Investments now owns 1,046,297 shares of the company’s stock worth $28,376,000 after buying an additional 285,000 shares in the last quarter. 92.96% of the stock is currently owned by institutional investors.

HAIN has been the subject of a number of research reports. BidaskClub upgraded Hain Celestial Group from a “hold” rating to a “buy” rating in a report on Tuesday, September 11th. Maxim Group reiterated a “buy” rating and set a $40.00 price objective on shares of Hain Celestial Group in a report on Tuesday, August 28th. Jefferies Financial Group set a $40.00 price objective on Hain Celestial Group and gave the stock a “buy” rating in a report on Wednesday, August 29th. Loop Capital set a $29.00 price objective on Hain Celestial Group and gave the stock a “hold” rating in a report on Tuesday, August 28th. Finally, Zacks Investment Research upgraded Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Wednesday, August 29th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company. Hain Celestial Group has a consensus rating of “Hold” and an average price target of $32.53.

HAIN stock opened at $25.26 on Monday. The company has a quick ratio of 1.56, a current ratio of 2.49 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $2.74 billion, a price-to-earnings ratio of 21.78, a P/E/G ratio of 2.74 and a beta of 1.09. Hain Celestial Group Inc has a twelve month low of $23.75 and a twelve month high of $44.37.

Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Tuesday, August 28th. The company reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.01. The firm had revenue of $619.60 million during the quarter, compared to the consensus estimate of $629.25 million. Hain Celestial Group had a return on equity of 7.37% and a net margin of 0.35%. The business’s revenue was up 2.8% compared to the same quarter last year. During the same period last year, the company earned $0.41 earnings per share. On average, research analysts predict that Hain Celestial Group Inc will post 1.23 earnings per share for the current fiscal year.

Hain Celestial Group Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts; chilies; chocolates; and nut butters.

Further Reading: What are the most popular ETFs

Want to see what other hedge funds are holding HAIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hain Celestial Group Inc (NASDAQ:HAIN).

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

Receive News & Ratings for Hain Celestial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hain Celestial Group and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply