The Hain Celestial Group Inc. (NASDAQ:HAIN) shares were up 4.1% on Friday . The company traded as high as $54.44 and last traded at $54.29, with a volume of 2,939,871 shares changing hands. The stock had previously closed at $52.13.

A number of research analysts recently weighed in on HAIN shares. Zacks Investment Research raised The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research note on Tuesday, July 5th. Canaccord Genuity reissued a “neutral” rating on shares of The Hain Celestial Group in a research note on Sunday, April 17th. TheStreet raised The Hain Celestial Group from a “hold” rating to a “buy” rating in a research note on Tuesday, May 10th. BMO Capital Markets reissued an “outperform” rating on shares of The Hain Celestial Group in a research note on Friday, July 15th. Finally, Bank of America Corp. reissued a “buy” rating on shares of The Hain Celestial Group in a research note on Thursday, June 9th. Nine research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The Hain Celestial Group has an average rating of “Buy” and a consensus price target of $53.11.

The company has a 50-day moving average price of $51.14 and a 200-day moving average price of $44.52. The firm has a market cap of $5.74 billion and a P/E ratio of 27.785.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of The Hain Celestial Group by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 7,046,356 shares of the company’s stock worth $284,602,000 after buying an additional 138,498 shares during the period. GSA Capital Partners LLP raised its position in shares of The Hain Celestial Group by 67.4% in the fourth quarter. GSA Capital Partners LLP now owns 31,369 shares of the company’s stock worth $1,267,000 after buying an additional 12,630 shares during the period. Bank of Montreal Can raised its position in shares of The Hain Celestial Group by 69.4% in the fourth quarter. Bank of Montreal Can now owns 381,950 shares of the company’s stock worth $15,427,000 after buying an additional 156,463 shares during the period. Wells Fargo & Company MN raised its position in shares of The Hain Celestial Group by 240.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,468,907 shares of the company’s stock worth $59,329,000 after buying an additional 1,037,637 shares during the period. Finally, Principal Financial Group Inc. raised its position in shares of The Hain Celestial Group by 3.2% in the fourth quarter. Principal Financial Group Inc. now owns 329,201 shares of the company’s stock worth $13,296,000 after buying an additional 10,254 shares during the period.

The Hain Celestial Group, Inc manufactures, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company operates in five segments: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The Company’s brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earth’s Best, Ella’s Kitchen, Europe’s Best, Farmhouse Fare, Frank Cooper’s, Gale’s, Garden of Eatin’, GG UniqueFiber, Hartley’s, Health Valley, Imagine, Johnson’s Juice Co, Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co, Rice Dream, Robertson’s, Rudi’s Organic Bakery, Rudi’s Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others.

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