UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 28,788 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 13.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 248,318 shares of the company’s stock after buying an additional 28,788 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.28% of The Hain Celestial Group worth $1,527,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HAIN. Wealthfront Advisers LLC acquired a new stake in shares of The Hain Celestial Group during the 4th quarter worth approximately $370,371,000. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of The Hain Celestial Group by 9.8% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,223,817 shares of the company’s stock worth $38,276,000 after purchasing an additional 555,195 shares during the last quarter. Invesco Ltd. lifted its stake in The Hain Celestial Group by 272.4% during the 4th quarter. Invesco Ltd. now owns 5,870,075 shares of the company’s stock valued at $36,101,000 after acquiring an additional 4,293,945 shares in the last quarter. Frontier Capital Management Co. LLC increased its position in shares of The Hain Celestial Group by 512.0% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,520,722 shares of the company’s stock valued at $15,502,000 after acquiring an additional 2,108,845 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new stake in shares of The Hain Celestial Group during the 4th quarter valued at $14,322,000. Institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Stock Performance

Shares of HAIN stock opened at $1.77 on Monday. The firm has a 50 day moving average of $2.55 and a two-hundred day moving average of $4.42. The company has a quick ratio of 1.00, a current ratio of 1.90 and a debt-to-equity ratio of 0.90. The Hain Celestial Group, Inc. has a 52 week low of $1.30 and a 52 week high of $9.43. The stock has a market capitalization of $159.75 million, a PE ratio of -0.91 and a beta of 0.84.

The Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Wednesday, May 7th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.05). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. The business had revenue of $390.35 million during the quarter, compared to analyst estimates of $414.45 million. During the same period in the previous year, the firm earned $0.13 earnings per share. The business’s revenue was down 10.9% compared to the same quarter last year. On average, research analysts predict that The Hain Celestial Group, Inc. will post 0.4 EPS for the current fiscal year.

Insider Buying and Selling at The Hain Celestial Group

In other news, Director Celeste A. Clark purchased 83,000 shares of the firm’s stock in a transaction on Tuesday, May 13th. The stock was purchased at an average cost of $1.79 per share, with a total value of $148,570.00. Following the purchase, the director now owns 83,000 shares in the company, valued at $148,570. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dawn M. Zier acquired 200,000 shares of the business’s stock in a transaction dated Friday, May 9th. The shares were bought at an average price of $1.60 per share, with a total value of $320,000.00. Following the transaction, the director now directly owns 288,229 shares in the company, valued at approximately $461,166.40. The trade was a 226.68% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 308,640 shares of company stock worth $518,055 in the last quarter. 0.83% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HAIN. Mizuho lowered their price target on The Hain Celestial Group from $3.50 to $3.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 28th. Barclays reduced their price target on The Hain Celestial Group from $4.00 to $2.00 and set an “equal weight” rating on the stock in a research note on Monday, May 12th. JPMorgan Chase & Co. cut their price target on The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Friday, March 14th. Maxim Group decreased their price objective on shares of The Hain Celestial Group from $10.00 to $5.00 and set a “buy” rating for the company in a report on Thursday, May 8th. Finally, Stifel Nicolaus dropped their target price on shares of The Hain Celestial Group from $4.00 to $1.50 and set a “hold” rating on the stock in a report on Thursday, May 8th. Nine equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $3.64.

The Hain Celestial Group Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, 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, and spelt; and condiments.