Metropolitan Life Insurance Co. NY Has $1.26 Million Holdings in Hain Celestial Group Inc (HAIN)

Metropolitan Life Insurance Co. NY lessened its holdings in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 69.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,672 shares of the company’s stock after selling 67,825 shares during the period. Metropolitan Life Insurance Co. NY’s holdings in Hain Celestial Group were worth $1,258,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. BlackRock Inc. grew its position in shares of Hain Celestial Group by 1.3% during the 4th quarter. BlackRock Inc. now owns 8,355,740 shares of the company’s stock worth $354,201,000 after purchasing an additional 109,061 shares in the last quarter. Schroder Investment Management Group grew its position in shares of Hain Celestial Group by 13.1% during the 4th quarter. Schroder Investment Management Group now owns 1,834,284 shares of the company’s stock worth $77,755,000 after purchasing an additional 212,145 shares in the last quarter. Point72 Asset Management L.P. grew its position in shares of Hain Celestial Group by 104.2% during the 3rd quarter. Point72 Asset Management L.P. now owns 1,752,500 shares of the company’s stock worth $72,115,000 after purchasing an additional 894,300 shares in the last quarter. Thrivent Financial For Lutherans grew its position in shares of Hain Celestial Group by 443.9% during the 4th quarter. Thrivent Financial For Lutherans now owns 1,537,905 shares of the company’s stock worth $65,192,000 after purchasing an additional 1,255,130 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Hain Celestial Group by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 927,984 shares of the company’s stock worth $39,337,000 after purchasing an additional 19,720 shares in the last quarter. Hedge funds and other institutional investors own 91.31% of the company’s stock.

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HAIN has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Loop Capital set a $38.00 target price on shares of Hain Celestial Group and gave the stock a “hold” rating in a research report on Thursday, December 28th. Maxim Group restated a “sell” rating on shares of Hain Celestial Group in a research report on Tuesday, December 19th. BidaskClub upgraded shares of Hain Celestial Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, February 17th. Finally, Susquehanna Bancshares restated a “hold” rating and set a $43.00 target price on shares of Hain Celestial Group in a research report on Tuesday, January 23rd. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $41.11.

Shares of Hain Celestial Group stock opened at $32.07 on Monday. Hain Celestial Group Inc has a 1-year low of $31.01 and a 1-year high of $45.61. The company has a quick ratio of 1.19, a current ratio of 2.44 and a debt-to-equity ratio of 0.41. The company has a market cap of $3,332.65, a PE ratio of 26.29, a PEG ratio of 1.02 and a beta of 1.14.

Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate 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 the consensus estimate of $774.50 million. During the same period last year, the company posted $0.32 EPS. The business’s revenue was up 4.8% on a year-over-year basis. research analysts forecast that Hain Celestial Group Inc will post 1.66 earnings per share for the current year.

In related news, Director Glenn W. Welling acquired 1,407,543 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was acquired at an average price of $34.83 per share, with a total value of $49,024,722.69. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 12.34% of the stock is owned by corporate insiders.

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

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