Teachers Retirement System of The State of Kentucky cut its position in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 13.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 16,720 shares of the company’s stock after selling 2,700 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Hain Celestial Group were worth $453,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Arizona State Retirement System boosted its holdings in Hain Celestial Group by 2.6% during the second quarter. Arizona State Retirement System now owns 72,153 shares of the company’s stock worth $2,150,000 after buying an additional 1,845 shares in the last quarter. HGK Asset Management Inc. raised its position in Hain Celestial Group by 19.4% during the second quarter. HGK Asset Management Inc. now owns 11,872 shares of the company’s stock worth $354,000 after acquiring an additional 1,930 shares during the period. SG Americas Securities LLC raised its position in Hain Celestial Group by 9.9% during the third quarter. SG Americas Securities LLC now owns 21,733 shares of the company’s stock worth $589,000 after acquiring an additional 1,957 shares during the period. Supplemental Annuity Collective Trust of NJ raised its position in Hain Celestial Group by 4.3% during the third quarter. Supplemental Annuity Collective Trust of NJ now owns 48,000 shares of the company’s stock worth $1,302,000 after acquiring an additional 2,000 shares during the period. Finally, Advisors Capital Management LLC raised its position in Hain Celestial Group by 2.8% during the third quarter. Advisors Capital Management LLC now owns 76,560 shares of the company’s stock worth $2,076,000 after acquiring an additional 2,094 shares during the period. 93.23% of the stock is currently owned by hedge funds and other institutional investors.

HAIN has been the subject of a number of research analyst reports. Jefferies Financial Group restated a “buy” rating and set a $45.00 price objective (up from $40.00) on shares of Hain Celestial Group in a research report on Monday, September 24th. Zacks Investment Research upgraded shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, August 29th. Maxim Group reduced their price objective on shares of Hain Celestial Group from $40.00 to $36.00 and set a “buy” rating for the company in a research report on Thursday, November 8th. Loop Capital upped their price objective on shares of Hain Celestial Group to $24.00 and gave the stock a “hold” rating in a research report on Monday, November 12th. Finally, BidaskClub cut shares of Hain Celestial Group from a “hold” rating to a “sell” rating in a research report on Tuesday. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company. Hain Celestial Group presently has a consensus rating of “Hold” and an average target price of $30.40.

Shares of NASDAQ HAIN opened at $19.30 on Friday. The stock has a market capitalization of $2.07 billion, a PE ratio of 17.47, a price-to-earnings-growth ratio of 2.26 and a beta of 1.07. The company has a quick ratio of 1.37, a current ratio of 2.32 and a debt-to-equity ratio of 0.41. Hain Celestial Group Inc has a 52 week low of $19.04 and a 52 week high of $42.71.

Hain Celestial Group (NASDAQ:HAIN) last issued its earnings results on Thursday, November 8th. The company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.04). The business had revenue of $560.88 million during the quarter, compared to analyst estimates of $588.12 million. Hain Celestial Group had a negative net margin of 1.84% and a positive return on equity of 6.67%. Hain Celestial Group’s quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter last year, the company earned $0.20 earnings per share. As a group, equities research analysts predict that Hain Celestial Group Inc will post 1.17 EPS for the current fiscal year.

In other Hain Celestial Group news, insider Mark L. Schiller bought 45,800 shares of Hain Celestial Group stock in a transaction dated Monday, November 12th. The stock was acquired at an average cost of $22.88 per share, for a total transaction of $1,047,904.00. Following the completion of the transaction, the insider now directly owns 124,355 shares of the company’s stock, valued at $2,845,242.40. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 13.50% of the stock is owned by corporate insiders.

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Hain Celestial Group Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts; chilies; chocolates; and nut butters.

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

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