Triodos Investment Management BV Boosts Stock Position in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Triodos Investment Management BV boosted its stake in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 12.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 620,000 shares of the company’s stock after buying an additional 70,000 shares during the period. Triodos Investment Management BV’s holdings in The Hain Celestial Group were worth $3,813,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HAIN. Wealthfront Advisers LLC purchased a new stake in shares of The Hain Celestial Group during the fourth quarter valued at approximately $370,371,000. State Street Corp boosted its stake in The Hain Celestial Group by 0.4% during the 3rd quarter. State Street Corp now owns 3,464,855 shares of the company’s stock valued at $29,902,000 after purchasing an additional 15,494 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of The Hain Celestial Group by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,229,181 shares of the company’s stock worth $19,241,000 after purchasing an additional 142,097 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in shares of The Hain Celestial Group by 54.9% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,224,590 shares of the company’s stock worth $10,568,000 after purchasing an additional 434,070 shares during the last quarter. Finally, Madison Investment Advisors LLC bought a new position in shares of The Hain Celestial Group during the fourth quarter valued at $3,583,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HAIN. Mizuho decreased their target price on The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating for the company in a research report on Tuesday, February 11th. JPMorgan Chase & Co. lowered their price objective on shares of The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Friday, March 14th. Stifel Nicolaus cut their target price on shares of The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating for the company in a research report on Tuesday, February 11th. Maxim Group decreased 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. Finally, Evercore ISI cut their price objective on The Hain Celestial Group from $9.00 to $6.00 and set an “in-line” rating for the company in a report on Wednesday, February 12th. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $6.44.

The Hain Celestial Group Trading Up 6.4 %

NASDAQ:HAIN opened at $4.16 on Friday. The Hain Celestial Group, Inc. has a one year low of $3.28 and a one year high of $9.43. The business has a fifty day moving average price of $4.32 and a 200-day moving average price of $6.50. The firm has a market capitalization of $375.43 million, a price-to-earnings ratio of -2.14 and a beta of 0.83. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.90 and a quick ratio of 1.00.

The Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.08 EPS 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%. Sell-side analysts forecast that The Hain Celestial Group, Inc. will post 0.4 EPS for the current year.

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.