Shares of The Hain Celestial Group Inc. (NASDAQ:HAIN) traded down 3.2% during trading on Tuesday . The company traded as low as $37.20 and last traded at $37.22, with a volume of 3,182,645 shares changing hands. The stock had previously closed at $38.44.

A number of analysts have commented on the stock. Jefferies Group reaffirmed a “buy” rating on shares of The Hain Celestial Group in a research note on Sunday, May 22nd. Maxim Group lowered shares of The Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 16th. Zacks Investment Research lowered shares of The Hain Celestial Group from a “buy” rating to a “hold” rating in a research note on Thursday, July 14th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $44.00 price objective (up from $42.00) on shares of The Hain Celestial Group in a research note on Tuesday, May 3rd. Finally, Wedbush lowered shares of The Hain Celestial Group from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $51.00 to $37.00 in a research note on Tuesday, August 16th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company. The Hain Celestial Group has a consensus rating of “Hold” and a consensus price target of $48.84.

The firm has a market capitalization of $3.83 billion and a P/E ratio of 18.53. The firm’s 50 day moving average is $49.37 and its 200-day moving average is $45.00.

Several institutional investors have added to or reduced their stakes in the stock. BlackRock Advisors LLC boosted its position in The Hain Celestial Group by 15.3% in the fourth quarter. BlackRock Advisors LLC now owns 644,688 shares of the company’s stock valued at $26,039,000 after buying an additional 85,426 shares during the period. Airain ltd boosted its position in The Hain Celestial Group by 49.3% in the fourth quarter. Airain ltd now owns 84,750 shares of the company’s stock valued at $3,423,000 after buying an additional 27,973 shares during the period. Principal Financial Group Inc. boosted its position in 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 valued at $13,296,000 after buying an additional 10,254 shares during the period. Finally, 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 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.