Ensign Peak Advisors Inc Acquires 5,527 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Ensign Peak Advisors Inc grew its stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN – Get Rating) by 13.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 47,923 shares of the company’s stock after purchasing an additional 5,527 shares during the quarter. Ensign Peak Advisors Inc owned about 0.05% of The Hain Celestial Group worth $809,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advisor Group Holdings Inc. raised its holdings in The Hain Celestial Group by 4.5% in the first quarter. Advisor Group Holdings Inc. now owns 9,772 shares of the company’s stock worth $327,000 after purchasing an additional 425 shares during the period. American Century Companies Inc. increased its position in shares of The Hain Celestial Group by 23.9% in the 1st quarter. American Century Companies Inc. now owns 11,368 shares of the company’s stock valued at $391,000 after buying an additional 2,193 shares in the last quarter. Citigroup Inc. raised its stake in The Hain Celestial Group by 3.3% during the 1st quarter. Citigroup Inc. now owns 35,662 shares of the company’s stock worth $1,226,000 after buying an additional 1,142 shares during the period. PNC Financial Services Group Inc. lifted its holdings in The Hain Celestial Group by 5.3% during the first quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the company’s stock worth $303,000 after acquiring an additional 443 shares in the last quarter. Finally, MetLife Investment Management LLC grew its stake in The Hain Celestial Group by 31.1% in the first quarter. MetLife Investment Management LLC now owns 58,998 shares of the company’s stock valued at $2,030,000 after acquiring an additional 13,987 shares during the period. 95.49% of the stock is currently owned by institutional investors.

The Hain Celestial Group Stock Up 0.7 %

Shares of HAIN stock opened at $16.87 on Tuesday. The company has a current ratio of 2.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.79. The Hain Celestial Group, Inc. has a 1 year low of $15.19 and a 1 year high of $35.46. The firm’s fifty day moving average price is $18.69 and its two-hundred day moving average price is $18.28. The firm has a market capitalization of $1.51 billion, a P/E ratio of 33.74 and a beta of 0.91.

The Hain Celestial Group (NASDAQ:HAIN – Get Rating) last issued its quarterly earnings results on Tuesday, February 7th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.06. The Hain Celestial Group had a net margin of 2.45% and a return on equity of 5.92%. The firm had revenue of $454.20 million for the quarter, compared to analyst estimates of $460.26 million. During the same period in the previous year, the business earned $0.36 EPS. The company’s revenue was down 4.5% compared to the same quarter last year. On average, equities analysts predict that The Hain Celestial Group, Inc. will post 0.72 EPS for the current fiscal year.

Analyst Ratings Changes

HAIN has been the subject of several research analyst reports. 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 price objective for the company. Mizuho reaffirmed a “neutral” rating and issued a $16.00 price objective on shares of The Hain Celestial Group in a research report on Wednesday, February 8th. JPMorgan Chase & Co. cut shares of The Hain Celestial Group from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $22.00 to $21.00 in a research report on Wednesday, February 8th. Finally, Piper Sandler cut shares of The Hain Celestial Group from a “neutral” rating to an “underweight” rating and cut their price objective for the company from $19.00 to $17.00 in a research report on Tuesday, February 7th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $26.36.

About The Hain Celestial Group

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The Hain Celestial Group, Inc engages in the production and distribution of organic and natural products. It operates through North America and International geographical segments. The North America segment consists of the United States and Canada. The International segment includes United Kingdom, Ella’s Kitchen UK, and Europe.