Rice Hall James & Associates LLC increased its position in Hain Celestial Group Inc (NASDAQ:HAIN) by 49.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 622,387 shares of the company’s stock after purchasing an additional 206,036 shares during the quarter. Hain Celestial Group accounts for approximately 1.0% of Rice Hall James & Associates LLC’s holdings, making the stock its 19th biggest holding. Rice Hall James & Associates LLC’s holdings in Hain Celestial Group were worth $26,383,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HAIN. Saratoga Research & Investment Management purchased a new position in shares of Hain Celestial Group in the 3rd quarter valued at approximately $124,000. Miles Capital Inc. purchased a new position in shares of Hain Celestial Group in the 2nd quarter valued at approximately $201,000. First National Trust Co. purchased a new position in shares of Hain Celestial Group in the 3rd quarter valued at approximately $201,000. Oakbrook Investments LLC purchased a new position in shares of Hain Celestial Group in the 3rd quarter valued at approximately $202,000. Finally, GSA Capital Partners LLP purchased a new position in shares of Hain Celestial Group in the 3rd quarter valued at approximately $228,000. Institutional investors own 89.99% of the company’s stock.

Hain Celestial Group Inc (NASDAQ HAIN) traded up $0.23 during trading on Tuesday, hitting $39.59. The company’s stock had a trading volume of 1,246,600 shares, compared to its average volume of 875,671. The company has a market cap of $4,170.00, a price-to-earnings ratio of 52.79, a price-to-earnings-growth ratio of 1.67 and a beta of 1.25. Hain Celestial Group Inc has a twelve month low of $31.01 and a twelve month high of $45.61. The company has a current ratio of 2.50, a quick ratio of 1.22 and a debt-to-equity ratio of 0.42.

Hain Celestial Group (NASDAQ:HAIN) last posted its earnings results on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.01). The business had revenue of $708.30 million during the quarter, compared to the consensus estimate of $697.39 million. Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.14 EPS. research analysts expect that Hain Celestial Group Inc will post 1.68 earnings per share for the current fiscal year.

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

A number of research analysts have issued reports on the company. Susquehanna Bancshares reiterated a “hold” rating and set a $43.00 price objective on shares of Hain Celestial Group in a research note on Tuesday. Loop Capital reiterated a “hold” rating and set a $38.00 price objective on shares of Hain Celestial Group in a research note on Friday, December 22nd. Zacks Investment Research cut Hain Celestial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Jefferies Group reiterated a “buy” rating and set a $52.00 price objective on shares of Hain Celestial Group in a research note on Friday, November 17th. Finally, Wells Fargo & Co reiterated a “market perform” rating and set a $42.00 price objective on shares of Hain Celestial Group in a research note on Saturday, September 30th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $41.19.

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About Hain Celestial Group

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.

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

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