Schroder Investment Management Group raised its holdings in Hain Celestial Group Inc (NASDAQ:HAIN) by 13.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,834,284 shares of the company’s stock after buying an additional 212,145 shares during the period. Schroder Investment Management Group’s holdings in Hain Celestial Group were worth $77,755,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Calton & Associates Inc. bought a new position in shares of Hain Celestial Group during the fourth quarter valued at about $110,000. Saratoga Research & Investment Management bought a new position in shares of Hain Celestial Group during the third quarter valued at about $124,000. Stuart Chaussee & Associates Inc. bought a new position in shares of Hain Celestial Group during the fourth quarter valued at about $127,000. KBC Group NV lifted its position in shares of Hain Celestial Group by 106.9% during the fourth quarter. KBC Group NV now owns 3,752 shares of the company’s stock valued at $159,000 after purchasing an additional 1,939 shares in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Hain Celestial Group during the fourth quarter valued at about $201,000. 93.10% of the stock is currently owned by hedge funds and other institutional investors.
A number of research firms recently weighed in on HAIN. BidaskClub lowered shares of Hain Celestial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. Susquehanna Bancshares reissued a “hold” rating and set a $43.00 price target on shares of Hain Celestial Group in a research report on Tuesday, January 23rd. Sanford C. Bernstein raised shares of 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. Royal Bank of Canada reaffirmed a “hold” rating on shares of Hain Celestial Group in a research report on Thursday, November 9th. Finally, Loop Capital set a $38.00 price objective on shares of Hain Celestial Group and gave the stock a “hold” rating in a research report on Thursday, December 28th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $41.11.
Shares of Hain Celestial Group Inc (NASDAQ:HAIN) opened at $35.48 on Monday. The company has a market cap of $3,687.01, a PE ratio of 37.75, a price-to-earnings-growth ratio of 1.12 and a beta of 1.09. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.44 and a quick ratio of 1.19. Hain Celestial Group Inc has a 12-month low of $31.01 and a 12-month high of $45.61.
Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01). The company had revenue of $775.20 million during the quarter, compared to the consensus estimate of $774.50 million. Hain Celestial Group had a return on equity of 8.35% and a net margin of 3.38%. The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 EPS. equities analysts forecast that Hain Celestial Group Inc will post 1.66 EPS for the current year.
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Hain Celestial Group 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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