Olstein Capital Management L.P. raised its holdings in Hain Celestial Group Inc (NASDAQ:HAIN) by 28.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 89,600 shares of the company’s stock after acquiring an additional 20,000 shares during the quarter. Olstein Capital Management L.P. owned 0.08% of Hain Celestial Group worth $2,670,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in HAIN. Compagnie Lombard Odier SCmA acquired a new position in shares of Hain Celestial Group during the 1st quarter worth $160,000. AGF Investments Inc. raised its stake in shares of Hain Celestial Group by 113.0% during the 1st quarter. AGF Investments Inc. now owns 5,845 shares of the company’s stock worth $187,000 after buying an additional 3,101 shares during the last quarter. Mercer Capital Advisers Inc. raised its stake in shares of Hain Celestial Group by 119.7% during the 2nd quarter. Mercer Capital Advisers Inc. now owns 7,250 shares of the company’s stock worth $216,000 after buying an additional 3,950 shares during the last quarter. Wedbush Securities Inc. acquired a new position in shares of Hain Celestial Group during the 2nd quarter worth $218,000. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Hain Celestial Group by 112.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,877 shares of the company’s stock worth $265,000 after buying an additional 4,694 shares during the last quarter. 88.10% of the stock is owned by institutional investors.

HAIN has been the subject of several research reports. Zacks Investment Research downgraded Hain Celestial Group from a “hold” rating to a “sell” rating in a research note on Friday, April 27th. UBS Group set a $28.00 price target on Hain Celestial Group and gave the stock a “sell” rating in a research note on Tuesday, May 1st. ValuEngine downgraded Hain Celestial Group from a “sell” rating to a “strong sell” rating in a research note on Wednesday, May 2nd. Susquehanna Bancshares set a $32.00 price target on Hain Celestial Group and gave the stock a “hold” rating in a research note on Monday, May 7th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $40.00 price target on shares of Hain Celestial Group in a research note on Tuesday, May 8th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $35.67.

Hain Celestial Group stock opened at $29.10 on Tuesday. The stock has a market cap of $3.15 billion, a P/E ratio of 23.85, a P/E/G ratio of 2.74 and a beta of 0.96. Hain Celestial Group Inc has a 52 week low of $25.41 and a 52 week high of $44.37. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.79 and a quick ratio of 1.83.

Hain Celestial Group Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. Its grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurts; chilies and packaged grains; chocolates; and nut butters, as well as plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut.

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

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