Raymond James Financial Services Advisors Inc. decreased its stake in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 33.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,953 shares of the company’s stock after selling 3,007 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in The Hain Celestial Group were worth $231,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of The Hain Celestial Group by 1.3% during the second quarter. Vanguard Group Inc. now owns 8,339,036 shares of the company’s stock valued at $323,722,000 after buying an additional 104,034 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of The Hain Celestial Group by 7.1% during the second quarter. Bank of New York Mellon Corp now owns 2,013,304 shares of the company’s stock valued at $78,157,000 after buying an additional 133,141 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in shares of The Hain Celestial Group by 33.3% during the second quarter. State of New Jersey Common Pension Fund D now owns 2,000,000 shares of the company’s stock valued at $77,640,000 after buying an additional 500,000 shares during the last quarter. Schroder Investment Management Group boosted its position in shares of The Hain Celestial Group by 4.5% during the second quarter. Schroder Investment Management Group now owns 1,404,705 shares of the company’s stock valued at $50,232,000 after buying an additional 60,443 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of The Hain Celestial Group by 10.4% during the second quarter. Renaissance Technologies LLC now owns 824,522 shares of the company’s stock valued at $32,008,000 after buying an additional 77,900 shares during the last quarter. 90.70% of the stock is currently owned by institutional investors.

In related news, SVP Michael B. Mcguinness acquired 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average cost of $34.58 per share, for a total transaction of $121,030.00. Following the purchase, the senior vice president now owns 55,131 shares in the company, valued at approximately $1,906,429.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Irwin D. Simon acquired 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average price of $34.14 per share, for a total transaction of $1,707,000.00. Following the completion of the purchase, the chief executive officer now owns 1,695,014 shares in the company, valued at approximately $57,867,777.96. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 58,500 shares of company stock worth $2,000,030. 12.34% of the stock is currently owned by corporate insiders.

Several research analysts recently issued reports on the company. Maxim Group reaffirmed a “buy” rating and set a $50.00 target price on shares of The Hain Celestial Group in a research report on Tuesday, August 29th. Barclays PLC reissued a “hold” rating and issued a $39.00 price objective on shares of The Hain Celestial Group in a research report on Friday, September 1st. Jefferies Group LLC reissued a “buy” rating and issued a $52.00 price objective on shares of The Hain Celestial Group in a research report on Monday, August 28th. Sanford C. Bernstein raised The Hain Celestial Group from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a research report on Wednesday. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of The Hain Celestial Group in a research report on Thursday. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $41.29.

ILLEGAL ACTIVITY WARNING: “Raymond James Financial Services Advisors Inc. Has $231,000 Position in The Hain Celestial Group, Inc. (HAIN)” was first published by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at https://www.watchlistnews.com/raymond-james-financial-services-advisors-inc-has-231000-position-in-the-hain-celestial-group-inc-hain/1697558.html.

Shares of The Hain Celestial Group, Inc. (HAIN) opened at $35.68 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.31 and a current ratio of 2.50. The Hain Celestial Group, Inc. has a one year low of $31.01 and a one year high of $45.61. The stock has a market capitalization of $3,703.30, a price-to-earnings ratio of 27.24, a P/E/G ratio of 1.64 and a beta of 1.21.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The Hain Celestial Group had a net margin of 2.73% and a return on equity of 8.03%. The company had revenue of $708.30 million for the quarter, compared to the consensus estimate of $697.39 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. research analysts anticipate that The Hain Celestial Group, Inc. will post 1.67 earnings per share 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.

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

Receive News & Ratings for The Hain Celestial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hain Celestial Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.