The Hain Celestial Group, Inc. (NASDAQ:HAIN) Shares Bought by Ellevest Inc.

Ellevest Inc. increased its position in The Hain Celestial Group, Inc. (NASDAQ:HAINGet Rating) by 5,019.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,123 shares of the company’s stock after buying an additional 3,062 shares during the period. Ellevest Inc.’s holdings in The Hain Celestial Group were worth $53,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. PGGM Investments acquired a new position in The Hain Celestial Group in the third quarter valued at $34,798,000. Victory Capital Management Inc. increased its stake in shares of The Hain Celestial Group by 15.2% during the 3rd quarter. Victory Capital Management Inc. now owns 23,748 shares of the company’s stock valued at $401,000 after acquiring an additional 3,129 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of The Hain Celestial Group by 10.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 29,147 shares of the company’s stock worth $492,000 after acquiring an additional 2,855 shares during the period. Great West Life Assurance Co. Can lifted its holdings in shares of The Hain Celestial Group by 19.0% during the 3rd quarter. Great West Life Assurance Co. Can now owns 66,950 shares of the company’s stock worth $1,127,000 after acquiring an additional 10,683 shares during the period. Finally, Clean Yield Group boosted its position in shares of The Hain Celestial Group by 4.5% in the third quarter. Clean Yield Group now owns 124,435 shares of the company’s stock worth $2,100,000 after acquiring an additional 5,358 shares during the last quarter. Institutional investors and hedge funds own 95.49% of the company’s stock.

The Hain Celestial Group Price Performance

Shares of HAIN stock opened at $18.86 on Monday. The firm has a fifty day simple moving average of $18.04 and a 200-day simple moving average of $19.40. The company has a market capitalization of $1.68 billion, a PE ratio of 26.56 and a beta of 0.80. The Hain Celestial Group, Inc. has a twelve month low of $15.19 and a twelve month high of $37.58. The company has a current ratio of 2.31, a quick ratio of 1.09 and a debt-to-equity ratio of 0.86.

The Hain Celestial Group (NASDAQ:HAINGet Rating) last issued its quarterly earnings data on Tuesday, November 8th. The company reported $0.10 EPS for the quarter, hitting analysts’ consensus estimates of $0.10. The firm had revenue of $439.35 million for the quarter, compared to analyst estimates of $446.80 million. The Hain Celestial Group had a net margin of 3.48% and a return on equity of 7.14%. Equities research analysts anticipate that The Hain Celestial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Analysts Set New Price Targets

HAIN has been the topic of a number of recent analyst reports. Piper Sandler downgraded shares of The Hain Celestial Group from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $23.00 to $17.00 in a research note on Thursday, October 20th. Stifel Nicolaus initiated coverage on The Hain Celestial Group in a research report on Monday, December 19th. They issued a “hold” rating and a $17.00 target price on the stock. CL King lowered their price target on The Hain Celestial Group from $28.00 to $25.00 in a research report on Tuesday, October 25th. StockNews.com started coverage on The Hain Celestial Group in a research note on Wednesday, October 12th. They set a “sell” rating for the company. Finally, Cowen reduced their price objective on The Hain Celestial Group to $24.00 in a research note on Thursday, October 13th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $29.27.

The Hain Celestial Group Profile

(Get Rating)

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, and internationally. It operates through two segments, North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; and condiments.

See Also

Want to see what other hedge funds are holding HAIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Hain Celestial Group, Inc. (NASDAQ:HAINGet Rating).

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

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