Leeward Investments LLC MA Increases Holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Leeward Investments LLC MA boosted its position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 17.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 414,004 shares of the company’s stock after purchasing an additional 60,632 shares during the quarter. Leeward Investments LLC MA owned about 0.46% of The Hain Celestial Group worth $3,573,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP increased its position in The Hain Celestial Group by 433.5% during the 3rd quarter. Allworth Financial LP now owns 2,982 shares of the company’s stock valued at $26,000 after purchasing an additional 2,423 shares during the period. Signaturefd LLC lifted its position in shares of The Hain Celestial Group by 125.9% during the second quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock valued at $28,000 after buying an additional 2,226 shares during the last quarter. nVerses Capital LLC boosted its holdings in shares of The Hain Celestial Group by 161.1% in the 2nd quarter. nVerses Capital LLC now owns 4,700 shares of the company’s stock valued at $32,000 after buying an additional 2,900 shares in the last quarter. CWM LLC grew its position in shares of The Hain Celestial Group by 357.8% in the 2nd quarter. CWM LLC now owns 8,822 shares of the company’s stock worth $61,000 after buying an additional 6,895 shares during the last quarter. Finally, Choreo LLC bought a new position in shares of The Hain Celestial Group during the 2nd quarter worth approximately $71,000. 97.01% of the stock is owned by institutional investors.

Insider Transactions at The Hain Celestial Group

In other The Hain Celestial Group news, insider Chad D. Marquardt purchased 5,300 shares of the stock in a transaction on Wednesday, September 4th. The shares were bought at an average price of $8.32 per share, for a total transaction of $44,096.00. Following the completion of the transaction, the insider now owns 15,300 shares of the company’s stock, valued at $127,296. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.83% of the company’s stock.

Analysts Set New Price Targets

HAIN has been the subject of several recent analyst reports. Piper Sandler restated a “neutral” rating and issued a $8.00 target price on shares of The Hain Celestial Group in a research note on Thursday, September 19th. DA Davidson restated a “neutral” rating and set a $8.00 price objective on shares of The Hain Celestial Group in a report on Wednesday, August 28th. Stifel Nicolaus increased their price objective on shares of The Hain Celestial Group from $8.00 to $9.00 and gave the company a “hold” rating in a research report on Wednesday, August 28th. Finally, Barclays upped their price target on shares of The Hain Celestial Group from $7.00 to $9.00 and gave the company an “equal weight” rating in a research note on Thursday, August 29th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, The Hain Celestial Group has a consensus rating of “Hold” and an average target price of $9.57.

The Hain Celestial Group Stock Performance

Shares of NASDAQ HAIN opened at $7.47 on Friday. The stock has a market cap of $670.73 million, a price-to-earnings ratio of -8.89 and a beta of 0.74. The Hain Celestial Group, Inc. has a 12 month low of $5.68 and a 12 month high of $11.97. The company has a 50 day simple moving average of $8.42 and a two-hundred day simple moving average of $7.55. The company has a current ratio of 1.98, a quick ratio of 1.01 and a debt-to-equity ratio of 0.78.

The Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.05. The business had revenue of $419.00 million for the quarter, compared to analysts’ expectations of $417.99 million. The Hain Celestial Group had a negative net margin of 4.32% and a positive return on equity of 3.10%. The business’s revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the company earned $0.11 EPS. As a group, analysts predict that The Hain Celestial Group, Inc. will post 0.48 earnings per share for the current year.

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.