JPMorgan Chase & Co. reduced its position in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 27.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 122,483 shares of the company’s stock after selling 45,515 shares during the period. JPMorgan Chase & Co. owned 0.12% of The Hain Celestial Group worth $4,358,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the company. LS Investment Advisors LLC raised its position in shares of The Hain Celestial Group by 72.9% in the second quarter. LS Investment Advisors LLC now owns 6,270 shares of the company’s stock valued at $312,000 after buying an additional 2,644 shares in the last quarter. Dynamic Advisors Solutions LLC raised its position in shares of The Hain Celestial Group by 0.3% in the second quarter. Dynamic Advisors Solutions LLC now owns 12,157 shares of the company’s stock valued at $605,000 after buying an additional 40 shares in the last quarter. Oakbrook Investments LLC purchased a new position in shares of The Hain Celestial Group during the second quarter valued at approximately $209,000. Bank of Montreal Can purchased a new position in shares of The Hain Celestial Group during the second quarter valued at approximately $10,932,000. Finally, Douglas Lane & Associates LLC raised its position in shares of The Hain Celestial Group by 0.5% in the second quarter. Douglas Lane & Associates LLC now owns 492,853 shares of the company’s stock valued at $24,519,000 after buying an additional 2,372 shares in the last quarter. Institutional investors and hedge funds own 84.47% of the company’s stock.

Institutional Ownership by Quarter for The Hain Celestial Group (NASDAQ:HAIN)

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) opened at 39.90 on Friday. The company’s 50 day moving average price is $39.37 and its 200-day moving average price is $41.15. The Hain Celestial Group, Inc. has a 12-month low of $33.12 and a 12-month high of $56.99. The firm has a market cap of $4.13 billion, a P/E ratio of 19.97 and a beta of 0.97.

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Several brokerages have recently commented on HAIN. Jefferies Group restated a “buy” rating and set a $50.00 price target on shares of The Hain Celestial Group in a research note on Thursday, November 17th. Zacks Investment Research upgraded The Hain Celestial Group from a “sell” rating to a “hold” rating in a research note on Tuesday, November 22nd. Susquehanna began coverage on The Hain Celestial Group in a research note on Monday, October 24th. They set a “positive” rating and a $45.00 price target on the stock. SunTrust Banks, Inc. restated a “hold” rating on shares of The Hain Celestial Group in a research note on Sunday, November 20th. Finally, Atlantic Securities upgraded The Hain Celestial Group from an “underweight” rating to a “neutral” rating in a research note on Friday, November 18th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $44.44.

About The Hain Celestial Group

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.

5 Day Chart for NASDAQ:HAIN

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