US Bancorp DE cut its holdings in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 28.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,806 shares of the company’s stock after selling 11,505 shares during the quarter. US Bancorp DE’s holdings in Hain Celestial Group were worth $1,222,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of the stock. Point72 Asset Management L.P. increased its holdings in shares of Hain Celestial Group by 104.2% during the 3rd 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 during the last quarter. Schroder Investment Management Group increased its holdings in shares of Hain Celestial Group by 15.5% during the 3rd quarter. Schroder Investment Management Group now owns 1,622,139 shares of the company’s stock worth $66,037,000 after acquiring 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% during the 3rd quarter. Anchor Capital Advisors LLC now owns 1,151,697 shares of the company’s stock worth $47,392,000 after acquiring an additional 108,737 shares during the last quarter. Strs Ohio acquired a new position in shares of Hain Celestial Group during the 3rd quarter worth approximately $32,144,000. Finally, Eagle Asset Management Inc. acquired a new position in Hain Celestial Group in the 3rd quarter valued at $32,091,000. 93.10% of the stock is currently owned by institutional investors and hedge funds.
HAIN has been the topic of a number of research reports. Maxim Group reaffirmed a “sell” rating on shares of Hain Celestial Group in a report on Tuesday, December 19th. Sanford C. Bernstein raised Hain Celestial Group from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a report on Wednesday, November 8th. TheStreet lowered Hain Celestial Group from a “b-” rating to a “c” rating in a report on Tuesday, November 7th. Zacks Investment Research lowered Hain Celestial Group from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Royal Bank of Canada reaffirmed a “hold” rating on shares of Hain Celestial Group in a report on Thursday, November 9th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company. Hain Celestial Group currently has a consensus rating of “Hold” and a consensus price target of $41.11.
Shares of Hain Celestial Group Inc (NASDAQ:HAIN) opened at $35.48 on Tuesday. The stock has a market capitalization of $3,687.01, a price-to-earnings ratio of 25.34, a PEG ratio of 1.12 and a beta of 1.09. Hain Celestial Group Inc has a 1-year low of $31.01 and a 1-year 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 released its 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). The company had revenue of $775.20 million for the quarter, compared to analyst estimates 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 for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company posted $0.32 earnings per share. research analysts anticipate that Hain Celestial Group Inc will post 1.66 earnings per share for the current year.
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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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