Hosking Partners LLP Has $6 Million Holdings in Hain Celestial Group Inc (HAIN)

Hosking Partners LLP raised its stake in Hain Celestial Group Inc (NASDAQ:HAIN) by 7.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 141,626 shares of the company’s stock after buying an additional 10,079 shares during the period. Hosking Partners LLP’s holdings in Hain Celestial Group were worth $6,004,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. New Mexico Educational Retirement Board bought a new stake in shares of Hain Celestial Group in the 4th quarter valued at about $1,089,000. Wealthstreet Investment Advisors LLC bought a new stake in shares of Hain Celestial Group in the 4th quarter valued at about $3,404,000. Oppenheimer & Co. Inc. bought a new stake in shares of Hain Celestial Group in the 4th quarter valued at about $201,000. KBC Group NV boosted its position in shares of Hain Celestial Group by 106.9% during the 4th quarter. KBC Group NV now owns 3,752 shares of the company’s stock valued at $159,000 after purchasing an additional 1,939 shares in the last quarter. Finally, Goelzer Investment Management Inc. boosted its position in shares of Hain Celestial Group by 3.7% during the 4th quarter. Goelzer Investment Management Inc. now owns 113,285 shares of the company’s stock valued at $4,802,000 after purchasing an additional 4,076 shares in the last quarter. Hedge funds and other institutional investors own 90.03% of the company’s stock.

Hain Celestial Group Inc (HAIN) opened at $34.46 on Thursday. Hain Celestial Group Inc has a 52 week low of $31.01 and a 52 week high of $45.61. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.19 and a current ratio of 2.44. The firm has a market capitalization of $3,457.35, a P/E ratio of 36.66, a P/E/G ratio of 1.05 and a beta of 1.09.

Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). Hain Celestial Group had a return on equity of 8.35% and a net margin of 3.38%. The firm had revenue of $775.20 million for the quarter, compared to analyst estimates of $774.50 million. During the same period last year, the company posted $0.32 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. analysts anticipate that Hain Celestial Group Inc will post 1.66 earnings per share for the current year.

Several brokerages recently commented on HAIN. BMO Capital Markets cut their target price on Hain Celestial Group from $44.00 to $39.00 and set a “market perform” rating on the stock in a research report on Thursday, February 8th. Zacks Investment Research upgraded Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Friday, February 9th. Barclays restated a “hold” rating and set a $36.00 target price on shares of Hain Celestial Group in a research report on Friday, February 9th. Susquehanna Bancshares set a $43.00 target price on Hain Celestial Group and gave the company a “hold” rating in a research report on Monday, February 5th. Finally, Jefferies Group restated a “buy” rating and set a $52.00 target price on shares of Hain Celestial Group in a research report on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company’s stock. Hain Celestial Group presently has a consensus rating of “Hold” and an average price target of $40.72.

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

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