NumerixS Investment Technologies Inc Acquires Shares of 3,500 Hain Celestial Group Inc (HAIN)

NumerixS Investment Technologies Inc acquired a new position in Hain Celestial Group Inc (NASDAQ:HAIN) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,500 shares of the company’s stock, valued at approximately $54,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cerebellum GP LLC acquired a new position in shares of Hain Celestial Group during the fourth quarter valued at $26,000. Parallel Advisors LLC boosted its position in Hain Celestial Group by 1,005.0% during the fourth quarter. Parallel Advisors LLC now owns 2,000 shares of the company’s stock worth $31,000 after purchasing an additional 1,819 shares during the period. ETF Managers Group LLC boosted its position in Hain Celestial Group by 15.7% during the fourth quarter. ETF Managers Group LLC now owns 4,062 shares of the company’s stock worth $64,000 after purchasing an additional 552 shares during the period. Pearl River Capital LLC bought a new stake in Hain Celestial Group during the fourth quarter worth approximately $84,000. Finally, IndexIQ Advisors LLC boosted its position in Hain Celestial Group by 10.2% during the fourth quarter. IndexIQ Advisors LLC now owns 6,648 shares of the company’s stock worth $105,000 after purchasing an additional 614 shares during the period. 95.42% of the stock is owned by institutional investors.

Shares of HAIN stock opened at $22.73 on Tuesday. Hain Celestial Group Inc has a 12 month low of $14.45 and a 12 month high of $34.41. The company has a market cap of $2.35 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 5.73 and a beta of 1.44. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.17 and a quick ratio of 1.25.

Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Thursday, February 7th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.12). Hain Celestial Group had a positive return on equity of 5.28% and a negative net margin of 6.72%. The business had revenue of $584.16 million for the quarter, compared to analyst estimates of $611.18 million. During the same quarter last year, the firm earned $0.32 earnings per share. The firm’s quarterly revenue was down 5.2% compared to the same quarter last year. Equities analysts anticipate that Hain Celestial Group Inc will post 0.66 earnings per share for the current fiscal year.

A number of equities research analysts have issued reports on the company. BidaskClub raised Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Thursday, March 7th. ValuEngine raised Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Monday, March 11th. Jefferies Financial Group reaffirmed a “buy” rating and set a $35.00 target price on shares of Hain Celestial Group in a research report on Friday. Piper Jaffray Companies set a $17.00 target price on Hain Celestial Group and gave the stock a “hold” rating in a research report on Friday, February 8th. Finally, Loop Capital decreased their target price on Hain Celestial Group to $18.00 and set a “positive” rating for the company in a research report on Wednesday, December 19th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $26.21.

In other Hain Celestial Group news, Director Glenn W. Welling purchased 1,222,979 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was bought at an average cost of $20.48 per share, for a total transaction of $25,046,609.92. Following the completion of the acquisition, the director now directly owns 21,577 shares in the company, valued at $441,896.96. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Glenn W. Welling purchased 1,003,918 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were acquired at an average price of $19.30 per share, with a total value of $19,375,617.40. Following the completion of the acquisition, the director now owns 21,577 shares of the company’s stock, valued at $416,436.10. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 4,978,829 shares of company stock valued at $101,772,309. Corporate insiders own 13.50% of the company’s stock.

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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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