Ameriprise Financial Inc. lessened its stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 18.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 596,253 shares of the company’s stock after selling 138,663 shares during the quarter. Ameriprise Financial Inc. owned 0.57% of The Hain Celestial Group worth $24,534,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of The Hain Celestial Group by 1.3% in the second quarter. Vanguard Group Inc. now owns 8,339,036 shares of the company’s stock valued at $323,722,000 after buying an additional 104,034 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of The Hain Celestial Group by 7.1% in the second quarter. Bank of New York Mellon Corp now owns 2,013,304 shares of the company’s stock valued at $78,157,000 after buying an additional 133,141 shares during the period. Schroder Investment Management Group boosted its holdings in The Hain Celestial Group by 4.5% during the second quarter. Schroder Investment Management Group now owns 1,404,705 shares of the company’s stock worth $50,232,000 after purchasing an additional 60,443 shares during the last quarter. Anchor Capital Advisors LLC boosted its holdings in The Hain Celestial Group by 10.4% during the third quarter. Anchor Capital Advisors LLC now owns 1,151,697 shares of the company’s stock worth $47,392,000 after purchasing an additional 108,737 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in The Hain Celestial Group by 10.4% during the second quarter. Renaissance Technologies LLC now owns 824,522 shares of the company’s stock worth $32,008,000 after purchasing an additional 77,900 shares during the last quarter. Institutional investors own 90.28% of the company’s stock.

Several research analysts recently commented on the stock. Susquehanna Bancshares cut shares of The Hain Celestial Group from a “positive” rating to a “neutral” rating in a report on Tuesday, August 22nd. UBS cut shares of The Hain Celestial Group from a “positive” rating to a “neutral” rating in a report on Tuesday, August 22nd. Sanford C. Bernstein assumed coverage on shares of The Hain Celestial Group in a report on Friday, October 6th. They set a “market perform” rating and a $45.00 target price for the company. Zacks Investment Research upgraded shares of The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $46.00 target price for the company in a report on Tuesday, October 10th. Finally, Wells Fargo & Company restated a “market perform” rating and set a $42.00 target price on shares of The Hain Celestial Group in a report on Saturday, September 30th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $41.31.

Shares of The Hain Celestial Group, Inc. (NASDAQ HAIN) opened at $40.89 on Friday. The company has a market cap of $4,299.05, a price-to-earnings ratio of 31.62, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.50 and a quick ratio of 1.22. The Hain Celestial Group, Inc. has a 12 month low of $31.01 and a 12 month high of $45.61.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The firm had revenue of $708.30 million during the quarter, compared to analyst estimates of $697.39 million. The Hain Celestial Group had a net margin of 2.73% and a return on equity of 8.03%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.14 EPS. equities research analysts expect that The Hain Celestial Group, Inc. will post 1.67 EPS for the current year.

In other news, CEO Irwin D. Simon purchased 50,000 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was purchased at an average price of $34.14 per share, for a total transaction of $1,707,000.00. Following the completion of the purchase, the chief executive officer now directly owns 1,695,014 shares in the company, valued at approximately $57,867,777.96. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard Dean Hollis purchased 10,000 shares of the business’s stock in a transaction on Friday, November 10th. The stock was purchased at an average price of $35.27 per share, with a total value of $352,700.00. Following the purchase, the director now owns 10,000 shares of the company’s stock, valued at $352,700. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 68,500 shares of company stock valued at $2,352,730. Corporate insiders own 12.34% of the company’s stock.

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The Hain Celestial Group Company 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.

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

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