The Hain Celestial Group, Inc. (NASDAQ:HAIN) Stock Position Increased by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 9.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,223,817 shares of the company’s stock after buying an additional 555,195 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned 0.07% of The Hain Celestial Group worth $38,276,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of HAIN. Point72 Asia Singapore Pte. Ltd. boosted its position 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 valued at $43,000 after purchasing an additional 3,432 shares in the last quarter. Van ECK Associates Corp lifted its stake in The Hain Celestial Group by 49.0% during the fourth quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock valued at $66,000 after purchasing an additional 3,554 shares during the last quarter. Virtu Financial LLC bought a new stake in The Hain Celestial Group during the fourth quarter worth approximately $73,000. Grace & White Inc. NY acquired a new position in The Hain Celestial Group in the fourth quarter worth approximately $86,000. Finally, Sanctuary Advisors LLC bought a new position in shares of The Hain Celestial Group in the third quarter valued at $93,000. 97.01% of the stock is owned by institutional investors and hedge funds.

The Hain Celestial Group Stock Performance

HAIN stock opened at $4.11 on Monday. The firm has a 50 day simple moving average of $4.31 and a 200 day simple moving average of $6.45. The Hain Celestial Group, Inc. has a 52 week low of $3.28 and a 52 week high of $9.43. The stock has a market cap of $370.92 million, a P/E ratio of -2.12 and a beta of 0.83. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.00 and a current ratio of 1.90.

The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Monday, February 10th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. Research analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HAIN. JPMorgan Chase & Co. reduced their price objective on The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. Mizuho dropped their price target on 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. Stifel Nicolaus cut 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. 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 report on Tuesday, February 11th. Finally, Barclays cut their price target on shares of The Hain Celestial Group from $6.00 to $5.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. Seven 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 company presently has an average rating of “Hold” and a consensus target price of $6.44.

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.