Hain Celestial Group Inc (HAIN) Holdings Trimmed by Texas Permanent School Fund

Texas Permanent School Fund reduced its stake in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 16.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,250 shares of the company’s stock after selling 10,824 shares during the period. Texas Permanent School Fund’s holdings in Hain Celestial Group were worth $1,526,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. boosted its holdings in shares of Hain Celestial Group by 1.0% in the 2nd quarter. BlackRock Inc. now owns 8,777,416 shares of the company’s stock valued at $261,568,000 after buying an additional 89,119 shares during the period. State of New Jersey Common Pension Fund D boosted its holdings in shares of Hain Celestial Group by 9.3% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 2,950,000 shares of the company’s stock valued at $80,004,000 after buying an additional 250,000 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Hain Celestial Group by 46.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,723,433 shares of the company’s stock valued at $51,358,000 after buying an additional 545,113 shares during the period. Eagle Asset Management Inc. boosted its holdings in shares of Hain Celestial Group by 9.8% in the 2nd quarter. Eagle Asset Management Inc. now owns 1,050,836 shares of the company’s stock valued at $31,314,000 after buying an additional 93,717 shares during the period. Finally, PGGM Investments boosted its holdings in shares of Hain Celestial Group by 37.4% in the 3rd quarter. PGGM Investments now owns 1,046,297 shares of the company’s stock valued at $28,376,000 after buying an additional 285,000 shares during the period. 92.96% of the stock is owned by institutional investors.

Several research firms have recently commented on HAIN. Loop Capital set a $30.00 price target on shares of Hain Celestial Group and gave the company a “hold” rating in a report on Wednesday, August 22nd. BidaskClub raised shares of Hain Celestial Group from a “hold” rating to a “buy” rating in a report on Tuesday, September 11th. ValuEngine raised shares of Hain Celestial Group from a “strong sell” rating to a “sell” rating in a report on Friday, September 7th. Zacks Investment Research lowered shares of Hain Celestial Group from a “hold” rating to a “sell” rating in a report on Tuesday, July 24th. Finally, Wells Fargo & Co lifted their price target on shares of Hain Celestial Group from $27.00 to $28.00 and gave the company a “market perform” rating in a report on Thursday, August 30th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $32.27.

Shares of NASDAQ:HAIN opened at $22.51 on Friday. The stock has a market capitalization of $2.84 billion, a P/E ratio of 19.41, a PEG ratio of 2.83 and a beta of 1.09. Hain Celestial Group Inc has a fifty-two week low of $22.03 and a fifty-two week high of $44.37. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.56 and a current ratio of 2.49.

Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings data on Thursday, November 8th. The company reported $0.09 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.04). The firm had revenue of $560.88 million during the quarter, compared to the consensus estimate of $588.12 million. Hain Celestial Group had a net margin of 0.35% and a return on equity of 7.37%. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.20 earnings per share. On average, research analysts expect that Hain Celestial Group Inc will post 1.23 earnings per share for the current fiscal year.

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Hain Celestial Group Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts; chilies; chocolates; and nut butters.

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

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