5,739 Shares in The Hain Celestial Group, Inc. (HAIN) Acquired by BB&T Securities LLC

BB&T Securities LLC bought a new position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,739 shares of the company’s stock, valued at approximately $213,000.

Other hedge funds have also made changes to their positions in the company. IFP Advisors Inc boosted its stake in shares of The Hain Celestial Group by 50.6% in the first quarter. IFP Advisors Inc now owns 3,209 shares of the company’s stock worth $119,000 after buying an additional 1,078 shares in the last quarter. Creative Planning boosted its stake in shares of The Hain Celestial Group by 14.0% in the first quarter. Creative Planning now owns 4,852 shares of the company’s stock worth $180,000 after buying an additional 597 shares in the last quarter. FormulaFolio Investments LLC acquired a new stake in shares of The Hain Celestial Group during the first quarter worth approximately $200,000. Fox Run Management L.L.C. acquired a new stake in shares of The Hain Celestial Group during the first quarter worth approximately $205,000. Finally, Maple Capital Management Inc. acquired a new stake in shares of The Hain Celestial Group during the first quarter worth approximately $212,000. 85.98% of the stock is owned by institutional investors and hedge funds.

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

Shares of The Hain Celestial Group, Inc. (NASDAQ HAIN) traded down 3.75% during trading on Friday, hitting $33.91. 3,072,906 shares of the company were exchanged. The firm’s 50-day moving average price is $36.08 and its 200 day moving average price is $37.47. The firm has a market capitalization of $3.51 billion, a PE ratio of 16.97 and a beta of 1.23. The Hain Celestial Group, Inc. has a 12 month low of $32.87 and a 12 month high of $56.99.

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A number of analysts have commented on HAIN shares. Jefferies Group LLC reaffirmed a “buy” rating and set a $50.00 target price on shares of The Hain Celestial Group in a report on Thursday, March 16th. Susquehanna Bancshares Inc set a $45.00 target price on shares of The Hain Celestial Group and gave the company a “buy” rating in a report on Thursday, March 9th. Finally, Vetr cut shares of The Hain Celestial Group from a “strong-buy” rating to a “buy” rating and set a $38.62 target price for the company. in a report on Tuesday, February 21st. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The Hain Celestial Group has an average rating of “Hold” and an average target price of $42.97.

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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