NJ State Employees Deferred Compensation Plan acquired a new stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,000 shares of the company’s stock, valued at approximately $494,000.

A number of other hedge funds have also recently made changes to their positions in HAIN. OppenheimerFunds Inc. lifted its holdings in The Hain Celestial Group by 26.4% in the 1st quarter. OppenheimerFunds Inc. now owns 20,149 shares of the company’s stock valued at $750,000 after purchasing an additional 4,209 shares in the last quarter. Teachers Advisors LLC lifted its holdings in The Hain Celestial Group by 8.7% in the 1st quarter. Teachers Advisors LLC now owns 109,300 shares of the company’s stock valued at $4,066,000 after purchasing an additional 8,734 shares in the last quarter. Legal & General Group Plc lifted its holdings in The Hain Celestial Group by 79.2% in the 1st quarter. Legal & General Group Plc now owns 93,463 shares of the company’s stock valued at $3,477,000 after purchasing an additional 41,318 shares in the last quarter. BlackRock Inc. lifted its holdings in The Hain Celestial Group by 10,665.5% in the 1st quarter. BlackRock Inc. now owns 8,539,738 shares of the company’s stock valued at $317,676,000 after purchasing an additional 8,460,413 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in The Hain Celestial Group by 5.6% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 353,169 shares of the company’s stock valued at $13,138,000 after purchasing an additional 18,603 shares in the last quarter. Institutional investors own 91.22% of the company’s stock.

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A number of research analysts have weighed in on the company. BMO Capital Markets lowered The Hain Celestial Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $48.00 to $44.00 in a report on Thursday, October 19th. Zacks Investment Research raised The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a research note on Tuesday, October 10th. Sanford C. Bernstein started coverage on The Hain Celestial Group in a research note on Friday, October 6th. They issued a “market perform” rating and a $45.00 target price for the company. Wells Fargo & Company reaffirmed a “market perform” rating and issued a $42.00 target price on shares of The Hain Celestial Group in a research note on Saturday, September 30th. Finally, Susquehanna Bancshares Inc reaffirmed a “hold” rating and issued a $45.00 target price on shares of The Hain Celestial Group in a research note on Thursday, September 14th. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and four have issued a buy rating to the company’s stock. The Hain Celestial Group presently has a consensus rating of “Hold” and an average price target of $42.13.

Shares of The Hain Celestial Group, Inc. (NASDAQ HAIN) opened at $34.65 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.57 and a quick ratio of 1.31. The stock has a market capitalization of $3.73 billion, a PE ratio of 29.30, a PEG ratio of 1.65 and a beta of 1.21.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Tuesday, August 29th. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. The business had revenue of $725.10 million during the quarter, compared to analyst estimates of $720.70 million. The Hain Celestial Group had a net margin of 2.36% and a return on equity of 7.65%. The Hain Celestial Group’s revenue was down 1.7% compared to the same quarter last year. During the same period last year, the business earned $0.43 EPS. research analysts anticipate that The Hain Celestial Group, Inc. will post 1.67 EPS for the current year.

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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