Swiss National Bank Acquires 2,900 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Swiss National Bank increased its position in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 1.6% in the second quarter, Holdings Channel.com reports. The fund owned 187,214 shares of the company’s stock after acquiring an additional 2,900 shares during the quarter. Swiss National Bank’s holdings in The Hain Celestial Group were worth $7,511,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. boosted its position in shares of The Hain Celestial Group by 4.6% in the first quarter. Sei Investments Co. now owns 58,430 shares of the company’s stock valued at $2,407,000 after acquiring an additional 2,545 shares during the period. CWA Asset Management Group LLC boosted its position in shares of The Hain Celestial Group by 3.4% in the second quarter. CWA Asset Management Group LLC now owns 634,038 shares of the company’s stock valued at $25,412,000 after acquiring an additional 20,780 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of The Hain Celestial Group by 12.6% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,472 shares of the company’s stock valued at $544,000 after acquiring an additional 1,400 shares during the period. Sowell Financial Services LLC lifted its position in The Hain Celestial Group by 1,734.6% during the first quarter. Sowell Financial Services LLC now owns 7,577 shares of the company’s stock valued at $310,000 after purchasing an additional 7,164 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in The Hain Celestial Group by 16.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 537,077 shares of the company’s stock valued at $23,417,000 after purchasing an additional 77,792 shares during the last quarter. Institutional investors own 95.18% of the company’s stock.

HAIN stock opened at $37.54 on Wednesday. The company has a market capitalization of $3.66 billion, a PE ratio of 49.40 and a beta of 0.73. The Hain Celestial Group, Inc. has a one year low of $30.54 and a one year high of $46.02. The company’s 50 day moving average price is $39.44 and its two-hundred day moving average price is $41.02. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.00 and a current ratio of 1.99.

The Hain Celestial Group (NASDAQ:HAIN) last issued its earnings results on Wednesday, August 25th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01). The Hain Celestial Group had a return on equity of 9.91% and a net margin of 3.93%. The firm had revenue of $450.65 million during the quarter, compared to analysts’ expectations of $462.46 million. During the same period in the previous year, the firm earned $0.32 earnings per share. The firm’s quarterly revenue was down 11.9% compared to the same quarter last year. On average, research analysts predict that The Hain Celestial Group, Inc. will post 1.58 EPS for the current year.

Separately, Zacks Investment Research began coverage on shares of The Hain Celestial Group in a research report on Tuesday, September 7th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $46.00.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc engages in the production and distribution of organic and natural products. Its brands include Alba Botanica, Avalon Organics, Earth’s Best, JASON, Live Clean, Imagine, and Queen Helene. The company was founded by Irwin David Simon on May 19, 1993 and is headquartered in Lake Success, NY.

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

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