Ensign Peak Advisors Inc Buys 5,527 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Ensign Peak Advisors Inc lifted its holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN – Get Rating) by 13.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,923 shares of the company’s stock after acquiring an additional 5,527 shares during the period. Ensign Peak Advisors Inc’s holdings in The Hain Celestial Group were worth $809,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Advisor Group Holdings Inc. raised its position in shares of The Hain Celestial Group by 4.5% in the 1st quarter. Advisor Group Holdings Inc. now owns 9,772 shares of the company’s stock worth $327,000 after acquiring an additional 425 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of The Hain Celestial Group by 5.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the company’s stock worth $303,000 after acquiring an additional 443 shares in the last quarter. Quadrant Capital Group LLC raised its position in shares of The Hain Celestial Group by 142.5% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,186 shares of the company’s stock worth $28,000 after acquiring an additional 697 shares in the last quarter. Ronald Blue Trust Inc. bought a new position in shares of The Hain Celestial Group in the 2nd quarter worth about $30,000. Finally, Asset Management One Co. Ltd. raised its position in shares of The Hain Celestial Group by 4.8% in the 3rd quarter. Asset Management One Co. Ltd. now owns 19,968 shares of the company’s stock worth $337,000 after acquiring an additional 907 shares in the last quarter. 95.49% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Stifel Nicolaus assumed coverage on The Hain Celestial Group in a research report on Monday, December 19th. They issued a “hold” rating and a $17.00 target price for the company. Mizuho reaffirmed a “neutral” rating and issued a $16.00 target price on shares of The Hain Celestial Group in a research report on Wednesday, February 8th. Piper Sandler lowered The Hain Celestial Group from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $19.00 to $17.00 in a research report on Tuesday, February 7th. Finally, JPMorgan Chase & Co. lowered The Hain Celestial Group from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $22.00 to $21.00 in a research report on Wednesday, February 8th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $26.36.

The Hain Celestial Group Price Performance

HAIN stock opened at $16.87 on Tuesday. The company has a market capitalization of $1.51 billion, a P/E ratio of 33.74 and a beta of 0.91. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.14 and a current ratio of 2.46. The Hain Celestial Group, Inc. has a 52-week low of $15.19 and a 52-week high of $35.46. The business has a 50-day simple moving average of $18.69 and a two-hundred day simple moving average of $18.28.

The Hain Celestial Group (NASDAQ:HAIN – Get Rating) last announced its earnings results on Tuesday, February 7th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.06. The Hain Celestial Group had a return on equity of 5.92% and a net margin of 2.45%. The firm had revenue of $454.20 million for the quarter, compared to the consensus estimate of $460.26 million. During the same quarter in the previous year, the business earned $0.36 EPS. The company’s revenue was down 4.5% compared to the same quarter last year. Research analysts expect that The Hain Celestial Group, Inc. will post 0.72 EPS for the current fiscal year.

About The Hain Celestial Group

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The Hain Celestial Group, Inc engages in the production and distribution of organic and natural products. It operates through North America and International geographical segments. The North America segment consists of the United States and Canada. The International segment includes United Kingdom, Ella’s Kitchen UK, and Europe.