Leeward Investments LLC MA Sells 39,892 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Leeward Investments LLC MA cut its holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 10.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 353,372 shares of the company’s stock after selling 39,892 shares during the period. Leeward Investments LLC MA owned 0.39% of The Hain Celestial Group worth $2,442,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its stake in The Hain Celestial Group by 8.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 14,156 shares of the company’s stock valued at $155,000 after acquiring an additional 1,052 shares during the period. Illinois Municipal Retirement Fund increased its stake in The Hain Celestial Group by 3.3% during the first quarter. Illinois Municipal Retirement Fund now owns 54,172 shares of the company’s stock valued at $426,000 after acquiring an additional 1,710 shares during the period. First Trust Direct Indexing L.P. increased its stake in The Hain Celestial Group by 13.0% during the first quarter. First Trust Direct Indexing L.P. now owns 16,404 shares of the company’s stock valued at $129,000 after acquiring an additional 1,885 shares during the period. PNC Financial Services Group Inc. increased its stake in The Hain Celestial Group by 17.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 13,839 shares of the company’s stock valued at $152,000 after acquiring an additional 2,096 shares during the period. Finally, Signaturefd LLC increased its stake in The Hain Celestial Group by 265.2% during the fourth quarter. Signaturefd LLC now owns 4,127 shares of the company’s stock valued at $45,000 after acquiring an additional 2,997 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on HAIN shares. Mizuho lowered their price objective on The Hain Celestial Group from $10.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, May 13th. DA Davidson reduced their target price on The Hain Celestial Group from $10.00 to $8.00 and set a “neutral” rating on the stock in a report on Thursday, May 16th. Stifel Nicolaus reduced their target price on The Hain Celestial Group from $10.00 to $8.00 and set a “hold” rating on the stock in a report on Friday, April 26th. Maxim Group reduced their target price on The Hain Celestial Group from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, May 9th. Finally, Barclays reduced their target price on The Hain Celestial Group from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Friday, May 10th. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.78.

The Hain Celestial Group Trading Down 0.3 %

NASDAQ:HAIN traded down $0.02 during trading hours on Monday, hitting $6.70. 43,780 shares of the stock were exchanged, compared to its average volume of 1,115,938. The company’s 50 day moving average is $7.16 and its two-hundred day moving average is $7.70. The Hain Celestial Group, Inc. has a twelve month low of $5.68 and a twelve month high of $12.76. The company has a quick ratio of 1.07, a current ratio of 2.10 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $601.95 million, a P/E ratio of -6.59 and a beta of 0.77.

About The Hain Celestial Group

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.