The Hain Celestial Group, Inc. (HAIN) Director Richard Dean Hollis Acquires 10,000 Shares

The Hain Celestial Group, Inc. (NASDAQ:HAIN) Director Richard Dean Hollis purchased 10,000 shares of The Hain Celestial Group stock in a transaction that occurred on Friday, November 10th. The shares were bought at an average cost of $35.27 per share, with a total value of $352,700.00. Following the completion of the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $352,700. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) opened at $35.42 on Tuesday. The firm has a market capitalization of $3,703.29, a P/E ratio of 27.24, a P/E/G ratio of 1.64 and a beta of 1.21. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.22 and a current ratio of 2.50. The Hain Celestial Group, Inc. has a fifty-two week low of $31.01 and a fifty-two week high of $45.61.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.01). The firm had revenue of $708.30 million for the quarter, compared to analyst estimates of $697.39 million. The Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 earnings per share. analysts predict that The Hain Celestial Group, Inc. will post 1.67 earnings per share for the current year.

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A number of large investors have recently added to or reduced their stakes in HAIN. Teachers Advisors LLC lifted its holdings in The Hain Celestial Group by 8.7% during the 1st quarter. Teachers Advisors LLC now owns 109,300 shares of the company’s stock worth $4,066,000 after purchasing an additional 8,734 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in The Hain Celestial Group by 5.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 353,169 shares of the company’s stock worth $13,138,000 after purchasing an additional 18,603 shares during the last quarter. AQR Capital Management LLC lifted its holdings in The Hain Celestial Group by 543.9% during the 1st quarter. AQR Capital Management LLC now owns 85,599 shares of the company’s stock worth $3,184,000 after purchasing an additional 72,306 shares during the last quarter. Tudor Investment Corp ET AL bought a new position in The Hain Celestial Group during the 1st quarter worth $201,000. Finally, Public Employees Retirement System of Ohio increased its stake in The Hain Celestial Group by 0.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 49,254 shares of the company’s stock worth $1,832,000 after acquiring an additional 275 shares during the period. 89.04% of the stock is owned by institutional investors and hedge funds.

Several research analysts recently commented on HAIN shares. Sanford C. Bernstein started coverage on The Hain Celestial Group in a research report on Friday, October 6th. They set a “market perform” rating and a $45.00 price target for the company. TheStreet cut The Hain Celestial Group from a “b-” rating to a “c” rating in a research report on Tuesday, November 7th. Royal Bank Of Canada reissued a “hold” rating on shares of The Hain Celestial Group in a research report on Thursday, November 9th. Zacks Investment Research raised The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research report on Tuesday, October 10th. Finally, UBS AG reissued a “sell” rating and set a $33.00 price target (up from $31.00) on shares of The Hain Celestial Group in a research report on Thursday, August 31st. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $41.29.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.

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