Schwab Charles Investment Management Inc. boosted its position in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 476,277 shares of the company’s stock after acquiring an additional 21,072 shares during the quarter. Schwab Charles Investment Management Inc. owned 0.46% of Hain Celestial Group worth $20,190,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Point72 Asset Management L.P. raised its position in Hain Celestial Group by 104.2% during the third quarter. Point72 Asset Management L.P. now owns 1,752,500 shares of the company’s stock worth $72,115,000 after acquiring an additional 894,300 shares in the last quarter. Schroder Investment Management Group increased its holdings in shares of Hain Celestial Group by 15.5% in the third quarter. Schroder Investment Management Group now owns 1,622,139 shares of the company’s stock valued at $66,037,000 after purchasing an additional 217,434 shares during the last quarter. Anchor Capital Advisors LLC increased its holdings in shares of Hain Celestial Group by 10.4% in the third quarter. Anchor Capital Advisors LLC now owns 1,151,697 shares of the company’s stock valued at $47,392,000 after purchasing an additional 108,737 shares during the last quarter. Strs Ohio acquired a new position in shares of Hain Celestial Group in the third quarter valued at $32,144,000. Finally, Eagle Asset Management Inc. acquired a new position in shares of Hain Celestial Group in the third quarter valued at $32,091,000. 93.10% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Hain Celestial Group Inc (HAIN) opened at $35.48 on Tuesday. The company has a market cap of $3,687.01, a P/E ratio of 25.34, a PEG ratio of 1.12 and a beta of 1.09. Hain Celestial Group Inc has a 52-week low of $31.01 and a 52-week high of $45.61. 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 data on Wednesday, February 7th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.01). Hain Celestial Group had a return on equity of 8.35% and a net margin of 3.38%. The company had revenue of $775.20 million for the quarter, compared to analyst estimates of $774.50 million. During the same period last year, the business earned $0.32 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. research analysts expect that Hain Celestial Group Inc will post 1.66 earnings per share for the current year.
Several equities analysts have commented on the stock. BidaskClub upgraded shares of Hain Celestial Group from a “strong sell” rating to a “sell” rating in a report on Saturday. Barclays reiterated a “hold” rating and issued a $36.00 price objective on shares of Hain Celestial Group in a report on Friday, February 9th. Zacks Investment Research upgraded shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Friday, February 9th. BMO Capital Markets decreased their price objective on shares of Hain Celestial Group from $44.00 to $39.00 and set a “market perform” rating on the stock in a report on Thursday, February 8th. Finally, Jefferies Group restated a “buy” rating and issued a $52.00 price target on shares of Hain Celestial Group in a research note on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $41.11.
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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