Engineers Gate Manager LP bought a new stake in Hain Celestial Group Inc (NASDAQ:HAIN) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 19,549 shares of the company’s stock, valued at approximately $804,000.

A number of other institutional investors also recently added to or reduced their stakes in HAIN. Saratoga Research & Investment Management purchased a new stake in Hain Celestial Group in the third quarter valued at approximately $124,000. Miles Capital Inc. acquired a new position in Hain Celestial Group during the second quarter valued at approximately $201,000. First National Trust Co. acquired a new position in Hain Celestial Group during the third quarter valued at approximately $201,000. Oakbrook Investments LLC acquired a new position in Hain Celestial Group during the third quarter valued at approximately $202,000. Finally, Virtu KCG Holdings LLC acquired a new position in Hain Celestial Group during the second quarter valued at approximately $241,000. Hedge funds and other institutional investors own 90.28% of the company’s stock.

Hain Celestial Group Inc (NASDAQ HAIN) opened at $40.78 on Friday. Hain Celestial Group Inc has a 12-month low of $31.01 and a 12-month high of $45.61. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.22 and a current ratio of 2.50. The company has a market cap of $4,240.93, a price-to-earnings ratio of 31.19, a PEG ratio of 1.75 and a beta of 1.26.

Hain Celestial Group (NASDAQ:HAIN) last posted its earnings results on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The firm had revenue of $708.30 million for the quarter, compared to analyst estimates of $697.39 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. research analysts anticipate that Hain Celestial Group Inc will post 1.67 EPS for the current year.

A number of research analysts have weighed in on HAIN shares. Jefferies Group reaffirmed a “buy” rating and set a $52.00 price target on shares of Hain Celestial Group in a research report on Monday, August 28th. Maxim Group reaffirmed a “buy” rating and set a $50.00 price target on shares of Hain Celestial Group in a research report on Tuesday, August 29th. Zacks Investment Research raised shares of Hain Celestial Group from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research report on Tuesday, October 10th. TheStreet cut shares of Hain Celestial Group from a “b-” rating to a “c” rating in a research report on Tuesday, November 7th. Finally, Susquehanna Bancshares reaffirmed a “hold” rating and set a $45.00 price target on shares of Hain Celestial Group in a research report on Thursday, September 14th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $41.31.

In other news, Director Richard Dean Hollis bought 10,000 shares of Hain Celestial Group stock in a transaction dated Friday, November 10th. The shares were acquired at an average cost of $35.27 per share, with a total value of $352,700.00. Following the completion of the transaction, the director now owns 10,000 shares in the company, valued at approximately $352,700. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Michael B. Mcguinness purchased 3,500 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was bought at an average price of $34.58 per share, with a total value of $121,030.00. Following the purchase, the senior vice president now owns 55,131 shares of the company’s stock, valued at approximately $1,906,429.98. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 68,500 shares of company stock worth $2,352,730. Corporate insiders own 12.34% of the company’s stock.

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Hain Celestial Group Company 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 Hain Celestial Group (NASDAQ:HAIN)

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