SFE Investment Counsel boosted its holdings in Hain Celestial Group Inc (NASDAQ:HAIN) by 26.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 23,919 shares of the company’s stock after acquiring an additional 5,038 shares during the quarter. SFE Investment Counsel’s holdings in Hain Celestial Group were worth $1,014,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also bought and sold shares of HAIN. Alliancebernstein L.P. increased its position in Hain Celestial Group by 3.1% in the 2nd quarter. Alliancebernstein L.P. now owns 63,420 shares of the company’s stock valued at $2,462,000 after acquiring an additional 1,907 shares during the period. Teachers Advisors LLC increased its position in Hain Celestial Group by 13.2% in the 2nd quarter. Teachers Advisors LLC now owns 123,735 shares of the company’s stock valued at $4,803,000 after acquiring an additional 14,435 shares during the period. UBS Asset Management Americas Inc. increased its position in Hain Celestial Group by 26.5% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 86,241 shares of the company’s stock valued at $3,348,000 after acquiring an additional 18,044 shares during the period. California Public Employees Retirement System increased its position in Hain Celestial Group by 2.4% in the 2nd quarter. California Public Employees Retirement System now owns 170,400 shares of the company’s stock valued at $6,615,000 after acquiring an additional 4,000 shares during the period. Finally, Virtu KCG Holdings LLC acquired a new stake in Hain Celestial Group in the 2nd quarter valued at approximately $241,000. Hedge funds and other institutional investors own 90.22% of the company’s stock.
Several research firms recently commented on HAIN. Jefferies Group restated a “buy” rating and issued a $52.00 target price on shares of Hain Celestial Group in a research report on Wednesday. Loop Capital restated a “hold” rating and issued a $38.00 target price on shares of Hain Celestial Group in a research report on Friday, December 22nd. Zacks Investment Research cut Hain Celestial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Susquehanna Bancshares set a $43.00 target price on Hain Celestial Group and gave the company a “hold” rating in a research report on Monday. Finally, BidaskClub cut Hain Celestial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $41.19.
Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.01). Hain Celestial Group had a net margin of 2.73% and a return on equity of 8.03%. The firm had revenue of $775.20 million for the quarter, compared to analyst estimates of $774.50 million. During the same quarter last year, the business posted $0.32 earnings per share. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. sell-side analysts predict that Hain Celestial Group Inc will post 1.65 earnings per share for the current year.
In related news, Director Richard Dean Hollis acquired 10,000 shares of Hain Celestial Group stock in a transaction dated Friday, November 10th. The stock was acquired at an average cost of $35.27 per share, with a total value of $352,700.00. Following the purchase, the director now directly owns 10,000 shares in the company, valued at approximately $352,700. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 12.34% of the stock is currently owned by company insiders.
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About 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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