The Hain Celestial Group, Inc. (NASDAQ:HAIN) Stock Holdings Increased by Jane Street Group LLC

Jane Street Group LLC boosted its stake in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 72.6% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 174,450 shares of the company’s stock after purchasing an additional 73,352 shares during the period. Jane Street Group LLC’s holdings in The Hain Celestial Group were worth $1,506,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its holdings in shares of The Hain Celestial Group by 3.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 779,557 shares of the company’s stock valued at $5,387,000 after acquiring an additional 25,169 shares in the last quarter. Signaturefd LLC boosted its position in 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 purchasing an additional 2,226 shares during the last quarter. nVerses Capital LLC boosted its position in The Hain Celestial Group by 161.1% during the second quarter. nVerses Capital LLC now owns 4,700 shares of the company’s stock valued at $32,000 after purchasing an additional 2,900 shares during the last quarter. Choreo LLC purchased a new position in The Hain Celestial Group in the second quarter valued at about $71,000. Finally, Headlands Technologies LLC increased its position in The Hain Celestial Group by 87.9% in the 2nd quarter. Headlands Technologies LLC now owns 38,576 shares of the company’s stock worth $267,000 after purchasing an additional 18,047 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on HAIN. DA Davidson reduced their price target on The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Tuesday, November 12th. Barclays reduced their target price on shares of The Hain Celestial Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Finally, Piper Sandler restated a “neutral” rating and set a $8.00 price target on shares of The Hain Celestial Group in a research note on Thursday, September 19th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, The Hain Celestial Group currently has a consensus rating of “Hold” and a consensus price target of $9.43.

The Hain Celestial Group Stock Down 0.9 %

HAIN opened at $6.48 on Friday. The Hain Celestial Group, Inc. has a twelve month low of $5.68 and a twelve month high of $11.68. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.05 and a current ratio of 2.01. The business has a 50 day moving average price of $7.96 and a 200 day moving average price of $7.70. The firm has a market cap of $584.46 million, a P/E ratio of -6.89 and a beta of 0.72.

The Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings data on Thursday, November 7th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The Hain Celestial Group had a positive return on equity of 3.13% and a negative net margin of 4.94%. The firm had revenue of $394.60 million during the quarter, compared to analyst estimates of $394.24 million. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. The Hain Celestial Group’s quarterly revenue was down 7.2% compared to the same quarter last year. Research analysts forecast that The Hain Celestial Group, Inc. will post 0.44 EPS 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.