Shares of The Hain Celestial Group Inc. (NASDAQ:HAIN) dropped 1.9% on Monday . The stock traded as low as $53.77 and last traded at $54.29, with a volume of 1,179,564 shares. The stock had previously closed at $55.35.

A number of brokerages have commented on HAIN. TheStreet raised shares of The Hain Celestial Group to a “buy” rating in a research report on Thursday, May 26th. Jefferies Group reaffirmed a “buy” rating on shares of The Hain Celestial Group in a research report on Sunday, May 22nd. Zacks Investment Research raised shares of The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research report on Tuesday, July 5th. Bank of America Corp. reaffirmed a “buy” rating on shares of The Hain Celestial Group in a research report on Thursday, June 9th. Finally, Wunderlich reaffirmed a “buy” rating and set a $52.00 price target on shares of The Hain Celestial Group in a research report on Tuesday. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $51.28.

The company’s 50 day moving average is $51.21 and its 200-day moving average is $44.98. The stock has a market capitalization of $3.95 billion and a PE ratio of 19.12.

Other large investors recently made changes to their positions in the company. Jennison Associates LLC raised its stake in shares of The Hain Celestial Group by 34.3% in the fourth quarter. Jennison Associates LLC now owns 5,569,925 shares of the company’s stock worth $224,969,000 after buying an additional 1,422,388 shares during the last quarter. Bank of Montreal Can raised its stake 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 last quarter. Vanguard Group Inc. raised its stake 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 last quarter. BlackRock Advisors LLC raised its stake in shares of The Hain Celestial Group by 15.3% in the fourth quarter. BlackRock Advisors LLC now owns 644,688 shares of the company’s stock worth $26,039,000 after buying an additional 85,426 shares during the last quarter. Finally, Autus Asset Management LLC raised its stake in shares of The Hain Celestial Group by 79.4% in the fourth quarter. Autus Asset Management LLC now owns 95,507 shares of the company’s stock worth $3,857,000 after buying an additional 42,256 shares during the last quarter.

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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