Triodos Investment Management BV Raises Stock Holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Triodos Investment Management BV boosted its stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 620,000 shares of the company’s stock after purchasing an additional 70,000 shares during the quarter. Triodos Investment Management BV owned about 0.69% of The Hain Celestial Group worth $3,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of The Hain Celestial Group by 53.5% during the 4th quarter. JPMorgan Chase & Co. now owns 491,877 shares of the company’s stock valued at $3,025,000 after buying an additional 171,420 shares in the last quarter. Perkins Capital Management Inc. bought a new stake in The Hain Celestial Group during the fourth quarter worth about $832,000. KLP Kapitalforvaltning AS purchased a new position in shares of The Hain Celestial Group in the 4th quarter worth about $116,000. American Century Companies Inc. boosted its holdings in shares of The Hain Celestial Group by 28.2% in the 4th quarter. American Century Companies Inc. now owns 131,012 shares of the company’s stock worth $806,000 after purchasing an additional 28,852 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in shares of The Hain Celestial Group during the 4th quarter valued at about $73,000. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on HAIN. Stifel Nicolaus reduced their price target on shares of The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating on the stock in a research report on Tuesday, February 11th. Evercore ISI decreased their target price on shares of The Hain Celestial Group from $9.00 to $6.00 and set an “in-line” rating on the stock in a research note on Wednesday, February 12th. Mizuho dropped their price target on shares of The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating for the company in a research report on Tuesday, February 11th. JPMorgan Chase & Co. decreased their price objective on shares of The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Finally, Maxim Group dropped their target price on shares of The Hain Celestial Group from $15.00 to $10.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $6.44.

The Hain Celestial Group Stock Performance

Shares of HAIN opened at $4.16 on Friday. The company has a 50-day simple moving average of $4.32 and a two-hundred day simple moving average of $6.50. 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 firm has a market capitalization of $375.43 million, a PE ratio of -2.14 and a beta of 0.83. The Hain Celestial Group, Inc. has a one year low of $3.28 and a one year high of $9.43.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Monday, February 10th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates 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, analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 EPS for the current fiscal year.

The Hain Celestial Group Company 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.