Zurcher Kantonalbank Zurich Cantonalbank decreased its holdings in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 92.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,476 shares of the company’s stock after selling 409,948 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Hain Celestial Group were worth $935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of HAIN. Janus Henderson Group PLC raised its holdings in Hain Celestial Group by 3,862.2% during the 3rd quarter. Janus Henderson Group PLC now owns 738,747 shares of the company’s stock valued at $20,035,000 after acquiring an additional 720,102 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Hain Celestial Group by 46.3% in the second quarter. Bank of New York Mellon Corp now owns 1,723,433 shares of the company’s stock worth $51,358,000 after purchasing an additional 545,113 shares during the period. Proxima Capital Management LLC increased its holdings in shares of Hain Celestial Group by 146.7% in the second quarter. Proxima Capital Management LLC now owns 493,482 shares of the company’s stock worth $14,706,000 after purchasing an additional 293,447 shares during the period. PGGM Investments increased its holdings in shares of Hain Celestial Group by 37.4% in the third quarter. PGGM Investments now owns 1,046,297 shares of the company’s stock worth $28,376,000 after purchasing an additional 285,000 shares during the period. Finally, Heartland Advisors Inc. bought a new position in shares of Hain Celestial Group in the third quarter worth $7,337,000. 93.23% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:HAIN opened at $20.18 on Thursday. Hain Celestial Group Inc has a 52-week low of $20.05 and a 52-week high of $42.71. The firm has a market capitalization of $2.10 billion, a P/E ratio of 17.40, a P/E/G ratio of 2.29 and a beta of 1.07. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.41.

Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Thursday, November 8th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.04). Hain Celestial Group had a positive return on equity of 6.67% and a negative net margin of 1.84%. The company had revenue of $560.88 million during the quarter, compared to analysts’ expectations of $588.12 million. During the same quarter last year, the firm posted $0.20 earnings per share. The firm’s revenue was down 4.8% on a year-over-year basis. Sell-side analysts predict that Hain Celestial Group Inc will post 1.17 EPS for the current year.

In related news, insider Mark L. Schiller bought 45,800 shares of the business’s stock in a transaction that occurred on Monday, November 12th. The stock was bought at an average cost of $22.88 per share, for a total transaction of $1,047,904.00. Following the completion of the transaction, the insider now owns 124,355 shares of the company’s stock, valued at $2,845,242.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 13.50% of the stock is currently owned by insiders.

Several research analysts have recently weighed in on HAIN shares. Maxim Group decreased their price target on shares of Hain Celestial Group from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, November 8th. Buckingham Research decreased their price target on shares of Hain Celestial Group from $27.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, August 29th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $24.00 price target on shares of Hain Celestial Group in a report on Wednesday, November 14th. BidaskClub raised shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Thursday, November 22nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $45.00 price target (up previously from $40.00) on shares of Hain Celestial Group in a report on Monday, September 24th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $30.40.

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Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; 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; yogurts; chilies; chocolates; and nut butters.

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

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