Segall Bryant & Hamill LLC Sells 110,638 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Segall Bryant & Hamill LLC lowered its stake in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,540,536 shares of the company’s stock after selling 110,638 shares during the period. Segall Bryant & Hamill LLC’s holdings in The Hain Celestial Group were worth $9,474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of HAIN. Point72 Asia Singapore Pte. Ltd. lifted its stake in shares of The Hain Celestial Group by 225.5% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company’s stock worth $43,000 after purchasing an additional 3,432 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of The Hain Celestial Group by 49.0% during the fourth quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock valued at $66,000 after buying an additional 3,554 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in shares of The Hain Celestial Group in the 3rd quarter valued at about $94,000. Sanctuary Advisors LLC purchased a new position in shares of The Hain Celestial Group in the 3rd quarter worth approximately $93,000. Finally, Virtu Financial LLC bought a new position in shares of The Hain Celestial Group during the 4th quarter worth approximately $73,000. Institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Stock Up 4.3 %

The Hain Celestial Group stock opened at $3.91 on Thursday. The business’s 50-day simple moving average is $4.33 and its two-hundred day simple moving average is $6.52. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.00 and a current ratio of 1.90. The company has a market cap of $352.87 million, a PE ratio of -2.02 and a beta of 0.83. The Hain Celestial Group, Inc. has a fifty-two week low of $3.28 and a fifty-two week high of $9.43.

The Hain Celestial Group (NASDAQ:HAIN) last issued 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%. Equities analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on HAIN. JPMorgan Chase & Co. lowered their target price on shares of The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. Evercore ISI dropped their target price on 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. Stifel Nicolaus decreased 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 note on Tuesday, February 11th. Barclays lowered their price target on The Hain Celestial Group from $6.00 to $5.00 and set an “equal weight” rating for the company in a report on Tuesday, February 11th. Finally, Maxim Group cut their price objective on shares of The Hain Celestial Group from $15.00 to $10.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, The Hain Celestial Group has an average rating of “Hold” and a consensus target price of $6.44.

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.