AXQ Capital LP Buys Shares of 28,673 The Hain Celestial Group, Inc. (NASDAQ:HAIN)

AXQ Capital LP purchased a new stake in The Hain Celestial Group, Inc. (NASDAQ:HAINFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 28,673 shares of the company’s stock, valued at approximately $297,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Advisor Group Holdings Inc. increased its position in The Hain Celestial Group by 4.5% during the first quarter. Advisor Group Holdings Inc. now owns 9,772 shares of the company’s stock worth $327,000 after acquiring an additional 425 shares during the period. PNC Financial Services Group Inc. increased its position in The Hain Celestial Group by 5.3% during the first quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the company’s stock worth $303,000 after acquiring an additional 443 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in The Hain Celestial Group by 30.0% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,121 shares of the company’s stock worth $50,000 after buying an additional 721 shares in the last quarter. Mariner LLC boosted its stake in The Hain Celestial Group by 6.8% during the fourth quarter. Mariner LLC now owns 13,099 shares of the company’s stock worth $212,000 after buying an additional 839 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in The Hain Celestial Group by 1.5% during the third quarter. Public Employees Retirement System of Ohio now owns 60,504 shares of the company’s stock worth $1,021,000 after buying an additional 885 shares in the last quarter. Institutional investors own 89.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HAIN. JPMorgan Chase & Co. decreased their price target on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, February 8th. Maxim Group decreased their price target on shares of The Hain Celestial Group from $25.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, February 8th. Finally, DA Davidson began coverage on shares of The Hain Celestial Group in a research note on Friday, March 1st. They set a “neutral” rating and a $10.00 price target on the stock. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $13.50.

View Our Latest Report on HAIN

Insider Buying and Selling

In related news, CEO Wendy P. Davidson purchased 5,000 shares of The Hain Celestial Group stock in a transaction that occurred on Tuesday, February 13th. The shares were acquired at an average price of $9.46 per share, for a total transaction of $47,300.00. Following the transaction, the chief executive officer now directly owns 58,309 shares in the company, valued at $551,603.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.72% of the stock is owned by corporate insiders.

The Hain Celestial Group Stock Up 3.5 %

Shares of NASDAQ:HAIN opened at $9.59 on Wednesday. The company’s fifty day moving average is $10.39 and its 200-day moving average is $10.59. The company has a market capitalization of $861.47 million, a PE ratio of -5.42 and a beta of 0.71. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.24. The Hain Celestial Group, Inc. has a 52 week low of $9.01 and a 52 week high of $18.33.

The Hain Celestial Group (NASDAQ:HAINGet Free Report) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The business had revenue of $454.10 million for the quarter, compared to the consensus estimate of $461.31 million. The Hain Celestial Group had a negative net margin of 8.88% and a positive return on equity of 2.48%. The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS. Equities research analysts predict that The Hain Celestial Group, Inc. will post 0.31 earnings per share for the current fiscal year.

About The Hain Celestial Group

(Free Report)

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.

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

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