Shares of The Hain Celestial Group Inc. (NASDAQ:HAIN) saw unusually-strong trading volume on Tuesday . Approximately 31,435,885 shares changed hands during mid-day trading, an increase of 1,001% from the previous session’s volume of 2,855,030 shares.The stock last traded at $39.86 and had previously closed at $53.40.

Several research analysts have recently weighed in on HAIN shares. Bank of America Corp. cut shares of The Hain Celestial Group from a “buy” rating to an “underperform” rating and set a $36.00 price target on the stock. in a report on Tuesday. Wunderlich reaffirmed a “buy” rating and issued a $52.00 price target on shares of The Hain Celestial Group in a report on Tuesday. BMO Capital Markets reaffirmed an “outperform” rating on shares of The Hain Celestial Group in a report on Friday, July 15th. Zacks Investment Research cut shares of The Hain Celestial Group from a “buy” rating to a “hold” rating in a report on Thursday, July 14th. Finally, Argus reaffirmed a “buy” rating and issued a $50.00 price target on shares of The Hain Celestial Group in a report on Wednesday. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $50.65.

The company has a market capitalization of $3.93 billion and a P/E ratio of 19.01. The stock has a 50-day moving average price of $50.92 and a 200-day moving average price of $44.93.

A number of hedge funds recently made changes to their positions in HAIN. BlackRock Advisors LLC increased 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 in the last quarter. Bank of Montreal Can increased 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 in the last quarter. Principal Financial Group Inc. increased its stake 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 in the last quarter. Autus Asset Management LLC increased 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 in the last quarter. Finally, Airain ltd increased its stake in shares of The Hain Celestial Group by 49.3% in the fourth quarter. Airain ltd now owns 84,750 shares of the company’s stock worth $3,423,000 after buying an additional 27,973 shares in 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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