Union Bancaire Privee UBP SA Makes New Investment in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Union Bancaire Privee UBP SA acquired a new position in The Hain Celestial Group, Inc. (NASDAQ:HAIN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,849 shares of the company’s stock, valued at approximately $97,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning raised its stake in shares of The Hain Celestial Group by 3.6% during the 3rd quarter. Creative Planning now owns 36,298 shares of the company’s stock valued at $313,000 after buying an additional 1,272 shares during the last quarter. CWM LLC grew its holdings in The Hain Celestial Group by 14.5% during the third quarter. CWM LLC now owns 10,098 shares of the company’s stock worth $87,000 after acquiring an additional 1,276 shares during the period. US Bancorp DE raised its position in The Hain Celestial Group by 10.3% during the third quarter. US Bancorp DE now owns 19,518 shares of the company’s stock valued at $168,000 after acquiring an additional 1,815 shares in the last quarter. FMR LLC lifted its holdings in The Hain Celestial Group by 14.9% in the third quarter. FMR LLC now owns 17,580 shares of the company’s stock valued at $152,000 after acquiring an additional 2,280 shares during the period. Finally, Allworth Financial LP boosted its position in The Hain Celestial Group by 433.5% in the 3rd quarter. Allworth Financial LP now owns 2,982 shares of the company’s stock worth $26,000 after purchasing an additional 2,423 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

The Hain Celestial Group Stock Down 1.4 %

HAIN opened at $5.06 on Thursday. The company has a market cap of $456.38 million, a PE ratio of -5.38 and a beta of 0.76. The Hain Celestial Group, Inc. has a twelve month low of $4.47 and a twelve month high of $11.68. The company has a 50-day moving average price of $6.59 and a 200 day moving average price of $7.42. The company has a quick ratio of 1.05, a current ratio of 2.01 and a debt-to-equity ratio of 0.76.

The Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Thursday, November 7th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The firm had revenue of $394.60 million for the quarter, compared to analyst estimates of $394.24 million. The Hain Celestial Group had a negative net margin of 4.94% and a positive return on equity of 3.13%. The Hain Celestial Group’s revenue was down 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.04) EPS. Sell-side analysts expect that The Hain Celestial Group, Inc. will post 0.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on HAIN shares. Piper Sandler cut their target price on shares of The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. DA Davidson cut their price objective on shares of The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Tuesday, November 12th. Stifel Nicolaus lowered their target price on shares of The Hain Celestial Group from $9.00 to $7.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Finally, Barclays cut their price target on The Hain Celestial Group from $8.00 to $6.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, The Hain Celestial Group presently has an average rating of “Hold” and an average price target of $8.71.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.