The Hain Celestial Group, Inc. (HAIN) Position Lowered by Bluestein R H & Co.

Bluestein R H & Co. decreased its holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 41.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,000 shares of the company’s stock after selling 7,000 shares during the quarter. Bluestein R H & Co.’s holdings in The Hain Celestial Group were worth $412,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in HAIN. Teachers Advisors LLC lifted its stake in shares of The Hain Celestial Group by 8.7% in the first quarter. Teachers Advisors LLC now owns 109,300 shares of the company’s stock worth $4,066,000 after acquiring an additional 8,734 shares in the last quarter. Great West Life Assurance Co. Can lifted its stake in shares of The Hain Celestial Group by 2.2% in the second quarter. Great West Life Assurance Co. Can now owns 63,684 shares of the company’s stock worth $2,471,000 after acquiring an additional 1,350 shares in the last quarter. Sei Investments Co. lifted its stake in shares of The Hain Celestial Group by 157.8% in the second quarter. Sei Investments Co. now owns 75,223 shares of the company’s stock worth $2,920,000 after acquiring an additional 46,046 shares in the last quarter. Goelzer Investment Management Inc. lifted its stake in shares of The Hain Celestial Group by 0.5% in the second quarter. Goelzer Investment Management Inc. now owns 50,594 shares of the company’s stock worth $1,964,000 after acquiring an additional 260 shares in the last quarter. Finally, Pioneer Investment Management Inc. lifted its stake in shares of The Hain Celestial Group by 35.5% in the second quarter. Pioneer Investment Management Inc. now owns 312,982 shares of the company’s stock worth $12,150,000 after acquiring an additional 82,059 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

In related news, CEO Irwin D. Simon purchased 50,000 shares of the company’s stock in a transaction dated Thursday, November 9th. The shares were acquired at an average cost of $34.14 per share, for a total transaction of $1,707,000.00. Following the transaction, the chief executive officer now owns 1,695,014 shares of the company’s stock, valued at $57,867,777.96. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard Dean Hollis purchased 10,000 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were bought at an average price of $35.27 per share, for a total transaction of $352,700.00. Following the completion of the transaction, the director now directly owns 10,000 shares in the company, valued at approximately $352,700. The disclosure for this purchase can be found here. Insiders have bought a total of 68,500 shares of company stock worth $2,352,730 over the last quarter. Insiders own 12.34% of the company’s stock.

HAIN has been the topic of several recent analyst reports. BidaskClub cut The Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Susquehanna Bancshares set a $45.00 price objective on The Hain Celestial Group and gave the company a “hold” rating in a research note on Tuesday, August 22nd. UBS cut The Hain Celestial Group from a “positive” rating to a “neutral” rating in a research note on Tuesday, August 22nd. Jefferies Group restated a “buy” rating and set a $52.00 price objective on shares of The Hain Celestial Group in a research note on Monday, August 28th. Finally, Maxim Group restated a “buy” rating and set a $50.00 price objective on shares of The Hain Celestial Group in a research note on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $41.31.

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) opened at $41.42 on Wednesday. The company has a current ratio of 2.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $4,401.81, a P/E ratio of 32.37, a PEG ratio of 1.82 and a beta of 1.26. The Hain Celestial Group, Inc. has a 1 year low of $31.01 and a 1 year high of $45.61.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The company had revenue of $708.30 million for the quarter, compared to analyst estimates of $697.39 million. The Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 earnings per share. research analysts predict that The Hain Celestial Group, Inc. will post 1.67 earnings per share for the current fiscal year.

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

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