California Public Employees Retirement System lifted its holdings in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 2.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 170,400 shares of the company’s stock after buying an additional 4,000 shares during the period. California Public Employees Retirement System owned about 0.16% of The Hain Celestial Group worth $6,615,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of The Hain Celestial Group by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 8,339,036 shares of the company’s stock worth $323,722,000 after buying an additional 104,034 shares during the last quarter. UBS Asset Management Americas Inc. boosted its stake in shares of The Hain Celestial Group by 26.5% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 86,241 shares of the company’s stock worth $3,348,000 after buying an additional 18,044 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of The Hain Celestial Group by 2.1% during the 2nd quarter. Mutual of America Capital Management LLC now owns 83,810 shares of the company’s stock worth $3,254,000 after buying an additional 1,729 shares during the last quarter. Columbia Partners L L C Investment Management boosted its stake in shares of The Hain Celestial Group by 149.9% during the 2nd quarter. Columbia Partners L L C Investment Management now owns 37,685 shares of the company’s stock worth $1,462,000 after buying an additional 22,602 shares during the last quarter. Finally, Thrivent Financial For Lutherans boosted its stake in shares of The Hain Celestial Group by 6.1% during the 2nd quarter. Thrivent Financial For Lutherans now owns 281,605 shares of the company’s stock worth $10,932,000 after buying an additional 16,189 shares during the last quarter. Institutional investors own 91.97% of the company’s stock.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) opened at 41.81 on Friday. The firm has a 50-day moving average of $40.74 and a 200 day moving average of $38.89. The company has a market capitalization of $4.34 billion, a PE ratio of 64.32 and a beta of 1.28. The Hain Celestial Group, Inc. has a 12-month low of $31.01 and a 12-month high of $45.61.

The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Tuesday, August 29th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.03. The Hain Celestial Group had a net margin of 2.36% and a return on equity of 7.65%. The company had revenue of $725.10 million for the quarter, compared to analyst estimates of $720.70 million. During the same quarter in the previous year, the firm posted $0.43 earnings per share. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. Analysts forecast that The Hain Celestial Group, Inc. will post $1.66 EPS for the current fiscal year.

The Hain Celestial Group announced that its board has initiated a stock repurchase plan on Thursday, June 22nd that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

A number of research firms have recently commented on HAIN. Loop Capital began coverage on shares of The Hain Celestial Group in a research note on Monday, July 31st. They set a “hold” rating and a $46.00 price objective for the company. BidaskClub upgraded shares of The Hain Celestial Group from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. UBS AG downgraded shares of The Hain Celestial Group from a “positive” rating to a “neutral” rating in a research note on Tuesday, August 22nd. Susquehanna Bancshares Inc downgraded shares of The Hain Celestial Group from a “positive” rating to a “neutral” rating in a research note on Tuesday, August 22nd. Finally, Sanford C. Bernstein began coverage on shares of The Hain Celestial Group in a research note on Friday, October 6th. They set a “market perform” rating and a $45.00 price objective for the company. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $41.78.

ILLEGAL ACTIVITY WARNING: This article was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://www.dailypolitical.com/2017/10/14/california-public-employees-retirement-system-acquires-4000-shares-of-the-hain-celestial-group-inc-hain.html.

The Hain Celestial Group Profile

The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.

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

Receive News & Ratings for The Hain Celestial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hain Celestial Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.