UBS Asset Management Americas Inc. raised its position in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 94,481 shares of the company’s stock after buying an additional 2,238 shares during the quarter. UBS Asset Management Americas Inc. owned 0.09% of Hain Celestial Group worth $4,005,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of HAIN. Calton & Associates Inc. purchased a new stake in shares of Hain Celestial Group in the fourth quarter worth approximately $110,000. Stuart Chaussee & Associates Inc. purchased a new stake in shares of Hain Celestial Group in the fourth quarter worth approximately $127,000. KBC Group NV lifted its position in shares of Hain Celestial Group by 106.9% in the fourth quarter. KBC Group NV now owns 3,752 shares of the company’s stock worth $159,000 after purchasing an additional 1,939 shares in the last quarter. First National Trust Co. purchased a new stake in shares of Hain Celestial Group in the third quarter worth approximately $201,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Hain Celestial Group in the fourth quarter worth approximately $201,000. 91.19% of the stock is owned by institutional investors.
A number of analysts have recently issued reports on HAIN shares. Jefferies Group reissued a “buy” rating and issued a $52.00 price target on shares of Hain Celestial Group in a research report on Friday, November 17th. Susquehanna Bancshares set a $43.00 price target on shares of Hain Celestial Group and gave the stock a “hold” rating in a research report on Monday, February 5th. Zacks Investment Research raised shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. BidaskClub raised shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Finally, Loop Capital set a $38.00 price target on shares of Hain Celestial Group and gave the stock a “hold” rating in a research report on Thursday, December 28th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $41.11.
Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.01). The business had revenue of $775.20 million for the quarter, compared to the consensus estimate of $774.50 million. Hain Celestial Group had a net margin of 3.38% and a return on equity of 8.35%. Hain Celestial Group’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.32 EPS. equities analysts expect that Hain Celestial Group Inc will post 1.66 EPS for the current year.
In other Hain Celestial Group news, Director Glenn W. Welling acquired 1,407,543 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price of $34.83 per share, with a total value of $49,024,722.69. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 12.34% of the stock is currently owned by company insiders.
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.
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