Highlander Capital Management LLC raised its holdings in Hain Celestial Group Inc (NASDAQ:HAIN) by 105.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 25,650 shares of the company’s stock after acquiring an additional 13,150 shares during the period. Highlander Capital Management LLC’s holdings in Hain Celestial Group were worth $810,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Credit Agricole S A acquired a new stake in shares of Hain Celestial Group during the fourth quarter worth $101,000. Calton & Associates Inc. acquired a new stake in shares of Hain Celestial Group during the fourth quarter worth $110,000. Westside Investment Management Inc. increased its position in shares of Hain Celestial Group by 1,500.0% during the fourth quarter. Westside Investment Management Inc. now owns 3,200 shares of the company’s stock worth $131,000 after buying an additional 3,000 shares during the period. KBC Group NV increased its position in shares of Hain Celestial Group by 106.9% during the fourth quarter. KBC Group NV now owns 3,752 shares of the company’s stock worth $159,000 after buying an additional 1,939 shares during the period. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of Hain Celestial Group during the first quarter worth $160,000. Hedge funds and other institutional investors own 88.90% of the company’s stock.

NASDAQ:HAIN traded down $0.36 during trading hours on Thursday, reaching $27.99. The company had a trading volume of 10,908 shares, compared to its average volume of 1,292,908. The company has a current ratio of 2.79, a quick ratio of 1.83 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 3.11 and a beta of 1.09. Hain Celestial Group Inc has a twelve month low of $25.41 and a twelve month high of $45.61.

Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Tuesday, May 8th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.10). The company had revenue of $632.72 million during the quarter, compared to analyst estimates of $746.48 million. Hain Celestial Group had a return on equity of 8.32% and a net margin of 2.81%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.35 earnings per share. equities analysts predict that Hain Celestial Group Inc will post 1.16 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on the stock. Deutsche Bank assumed coverage on shares of Hain Celestial Group in a research report on Tuesday, June 5th. They set a “buy” rating and a $33.00 price objective for the company. Susquehanna Bancshares set a $32.00 price objective on shares of Hain Celestial Group and gave the stock a “hold” rating in a research report on Monday, May 7th. BidaskClub cut shares of Hain Celestial Group from a “sell” rating to a “strong sell” rating in a research report on Friday, March 23rd. SunTrust Banks reiterated a “hold” rating on shares of Hain Celestial Group in a research report on Thursday, May 10th. Finally, ValuEngine upgraded shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 2nd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $36.46.

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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