Clinton Group Inc. bought a new position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 111,981 shares of the company’s stock, valued at approximately $4,347,000. Clinton Group Inc. owned approximately 0.11% of The Hain Celestial Group as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Teacher Retirement System of Texas boosted its stake in shares of The Hain Celestial Group by 0.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 8,233 shares of the company’s stock worth $320,000 after acquiring an additional 25 shares in the last quarter. New Amsterdam Partners LLC NY boosted its stake in shares of The Hain Celestial Group by 0.8% during the 2nd quarter. New Amsterdam Partners LLC NY now owns 8,581 shares of the company’s stock worth $333,000 after acquiring an additional 68 shares in the last quarter. Utah Retirement Systems boosted its stake in shares of The Hain Celestial Group by 0.5% during the 2nd quarter. Utah Retirement Systems now owns 18,600 shares of the company’s stock worth $722,000 after acquiring an additional 100 shares in the last quarter. Goelzer Investment Management Inc. boosted its stake in shares of The Hain Celestial Group by 0.5% during the 2nd 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, Public Employees Retirement System of Ohio boosted its stake in shares of The Hain Celestial Group by 0.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 49,254 shares of the company’s stock worth $1,832,000 after acquiring an additional 275 shares in the last quarter. 91.97% of the stock is currently owned by institutional investors and hedge funds.

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The Hain Celestial Group, Inc. (HAIN) traded up 1.08% during mid-day trading on Friday, reaching $41.15. 1,753,696 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $41.62 and its 200 day moving average is $38.31. The stock has a market capitalization of $4.27 billion, a PE ratio of 63.31 and a beta of 1.25. 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 earnings results on Tuesday, August 29th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. The company had revenue of $725.10 million during the quarter, compared to analysts’ expectations of $720.70 million. The Hain Celestial Group had a net margin of 2.36% and a return on equity of 7.65%. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.43 earnings per share. Analysts forecast that The Hain Celestial Group, Inc. will post $1.66 earnings per share for the current fiscal year.

The Hain Celestial Group declared that its Board of Directors has initiated a share repurchase program on Thursday, June 22nd that allows the company to buyback $250.00 million in shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Several equities research analysts have recently issued reports on HAIN shares. Wells Fargo & Company reissued a “market perform” rating and set a $42.00 target price on shares of The Hain Celestial Group in a research note on Saturday. Susquehanna Bancshares Inc lowered shares of The Hain Celestial Group from a “positive” rating to a “neutral” rating in a research note on Tuesday, August 22nd. J P Morgan Chase & Co reissued a “neutral” rating on shares of The Hain Celestial Group in a research note on Friday, June 30th. Citigroup Inc. reissued a “buy” rating and set a $46.00 target price (down from $62.00) on shares of The Hain Celestial Group in a research note on Monday, July 10th. Finally, BidaskClub lowered shares of The Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have assigned a buy rating to the company’s stock. The Hain Celestial Group has a consensus rating of “Hold” and a consensus price target of $41.28.

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

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