Union Bancaire Privee UBP SA Makes New $97,000 Investment in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Union Bancaire Privee UBP SA bought a new stake in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) in the 4th quarter, HoldingsChannel.com reports. The fund bought 14,849 shares of the company’s stock, valued at approximately $97,000.

Several other large investors have also recently made changes to their positions in the company. Allworth Financial LP grew its position in The Hain Celestial Group by 433.5% during the third quarter. Allworth Financial LP now owns 2,982 shares of the company’s stock valued at $26,000 after buying an additional 2,423 shares during the period. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of The Hain Celestial Group by 225.5% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company’s stock worth $43,000 after acquiring an additional 3,432 shares in the last quarter. Van ECK Associates Corp grew its position in shares of The Hain Celestial Group by 49.0% during the 4th quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock valued at $66,000 after acquiring an additional 3,554 shares during the period. Grace & White Inc. NY purchased a new position in shares of The Hain Celestial Group in the 4th quarter valued at about $86,000. Finally, CWA Asset Management Group LLC acquired a new position in The Hain Celestial Group in the 3rd quarter worth about $87,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

The Hain Celestial Group Stock Performance

NASDAQ:HAIN opened at $4.12 on Wednesday. The company has a market cap of $371.82 million, a P/E ratio of -2.12 and a beta of 0.74. The Hain Celestial Group, Inc. has a twelve month low of $3.28 and a twelve month high of $10.07. The company’s 50-day moving average price is $5.16 and its 200-day moving average price is $7.01. The company has a current ratio of 1.90, a quick ratio of 1.00 and a debt-to-equity ratio of 0.90.

The Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Monday, February 10th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The Hain Celestial Group had a positive return on equity of 2.88% and a negative net margin of 10.51%. On average, sell-side analysts forecast that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the company. Stifel Nicolaus dropped their price objective on The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating on the stock in a report on Tuesday, February 11th. Mizuho dropped their price target on shares of The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating on the stock in a research note on Tuesday, February 11th. JPMorgan Chase & Co. reduced their price objective on shares of The Hain Celestial Group from $8.00 to $6.00 and set a “neutral” rating for the company in a research report on Monday, February 3rd. Evercore ISI dropped their target price on shares of The Hain Celestial Group from $9.00 to $6.00 and set an “in-line” rating on the stock in a research report on Wednesday, February 12th. Finally, Maxim Group cut their target price on shares of The Hain Celestial Group from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, The Hain Celestial Group has a consensus rating of “Hold” and a consensus target price of $6.56.

The Hain Celestial Group 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.