Union Bancaire Privee UBP SA Acquires Shares of 14,849 The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Union Bancaire Privee UBP SA bought a new position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,849 shares of the company’s stock, valued at approximately $97,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Rice Hall James & Associates LLC purchased a new position in The Hain Celestial Group during the 4th quarter worth $2,652,000. Principal Financial Group Inc. grew its position in shares of The Hain Celestial Group by 3.3% during the 4th quarter. Principal Financial Group Inc. now owns 437,354 shares of the company’s stock worth $2,690,000 after buying an additional 13,849 shares in the last quarter. Rhumbline Advisers increased its stake in shares of The Hain Celestial Group by 2.6% during the fourth quarter. Rhumbline Advisers now owns 289,050 shares of the company’s stock valued at $1,778,000 after buying an additional 7,313 shares during the period. Grace & White Inc. NY bought a new stake in shares of The Hain Celestial Group in the fourth quarter valued at about $86,000. Finally, Van ECK Associates Corp lifted its stake in The Hain Celestial Group by 49.0% in the fourth quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock worth $66,000 after acquiring an additional 3,554 shares during the period. Institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Trading Down 0.5 %

Shares of NASDAQ:HAIN opened at $4.12 on Wednesday. The business’s 50-day moving average is $5.16 and its 200 day moving average is $7.01. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.90 and a quick ratio of 1.00. The Hain Celestial Group, Inc. has a 1 year low of $3.28 and a 1 year high of $10.07. The firm has a market capitalization of $371.82 million, a P/E ratio of -2.12 and a beta of 0.74.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. On average, research analysts predict that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

HAIN has been the topic of a number of research reports. DA Davidson cut their target price on shares of The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 12th. Piper Sandler reduced their price objective on shares of The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. JPMorgan Chase & Co. dropped their target price on The Hain Celestial Group from $8.00 to $6.00 and set a “neutral” rating on the stock in a research report on Monday, February 3rd. Stifel Nicolaus reduced their price target on The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating for the company in a research report on Tuesday, February 11th. Finally, Mizuho decreased their price objective on The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating for the company in a research note on Tuesday, February 11th. Seven 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 Hain Celestial Group presently has an average rating of “Hold” and an average price target of $6.56.

About The Hain Celestial Group

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.