Union Bancaire Privee UBP SA Acquires Shares of 14,849 The Hain Celestial Group, Inc. (NASDAQ:HAIN)

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

A number of other large investors have also made changes to their positions in the stock. Inspire Investing LLC boosted its stake in The Hain Celestial Group by 38.1% during the fourth quarter. Inspire Investing LLC now owns 65,271 shares of the company’s stock worth $401,000 after buying an additional 18,019 shares during the last quarter. First Hawaiian Bank boosted its position in shares of The Hain Celestial Group by 15.0% during the 4th quarter. First Hawaiian Bank now owns 65,504 shares of the company’s stock valued at $403,000 after acquiring an additional 8,546 shares during the last quarter. Central Pacific Bank Trust Division grew its holdings in shares of The Hain Celestial Group by 14.9% in the fourth quarter. Central Pacific Bank Trust Division now owns 42,512 shares of the company’s stock valued at $261,000 after purchasing an additional 5,517 shares during the period. GAMMA Investing LLC grew its holdings in shares of The Hain Celestial Group by 20.7% in the fourth quarter. GAMMA Investing LLC now owns 30,650 shares of the company’s stock valued at $188,000 after purchasing an additional 5,250 shares during the period. Finally, JPMorgan Chase & Co. increased its position in The Hain Celestial Group by 68.7% during the third quarter. JPMorgan Chase & Co. now owns 320,457 shares of the company’s stock worth $2,766,000 after purchasing an additional 130,477 shares during the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on HAIN. Stifel Nicolaus decreased 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 report on Friday, January 24th. DA Davidson decreased their price objective on The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating on the stock in a report on Tuesday, November 12th. Barclays cut their target price 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. Finally, Piper Sandler decreased their price target on The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, The Hain Celestial Group presently has a consensus rating of “Hold” and an average target price of $8.71.

The Hain Celestial Group Trading Down 1.4 %

HAIN opened at $5.06 on Thursday. The Hain Celestial Group, Inc. has a 52 week low of $4.47 and a 52 week high of $11.68. 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 business has a fifty day simple moving average of $6.59 and a 200-day simple moving average of $7.42. The firm has a market cap of $456.38 million, a P/E ratio of -5.38 and a beta 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 analysts’ expectations 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 business’s revenue was down 7.2% compared to the same quarter last year. During the same quarter last year, the business earned ($0.04) earnings per share. On average, equities analysts expect that The Hain Celestial Group, Inc. will post 0.43 earnings per share 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.