Barclays PLC Has $1.58 Million Holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Barclays PLC lifted its stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN - Free Report) by 124.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 182,609 shares of the company's stock after acquiring an additional 101,290 shares during the period. Barclays PLC owned 0.20% of The Hain Celestial Group worth $1,576,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Allworth Financial LP boosted its holdings in The Hain Celestial Group by 433.5% during the third quarter. Allworth Financial LP now owns 2,982 shares of the company's stock worth $26,000 after buying an additional 2,423 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of The Hain Celestial Group by 125.9% during the second quarter. Signaturefd LLC now owns 3,994 shares of the company's stock valued at $28,000 after purchasing an additional 2,226 shares during the last quarter. nVerses Capital LLC boosted its position in shares of The Hain Celestial Group by 161.1% in the 2nd quarter. nVerses Capital LLC now owns 4,700 shares of the company's stock valued at $32,000 after purchasing an additional 2,900 shares during the period. Point72 Asia Singapore Pte. Ltd. boosted its position in shares of The Hain Celestial Group by 225.5% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company's stock valued at $43,000 after purchasing an additional 3,432 shares during the period. Finally, Choreo LLC purchased a new position in The Hain Celestial Group in the 2nd quarter worth about $71,000. Institutional investors and hedge funds own 97.01% of the company's stock.

The Hain Celestial Group Stock Up 0.3 %

Shares of NASDAQ:HAIN traded up $0.02 during trading on Friday, reaching $6.50. 1,940,486 shares of the company traded hands, compared to its average volume of 1,205,840. The Hain Celestial Group, Inc. has a 1-year low of $5.68 and a 1-year high of $11.68. The company has a quick ratio of 1.05, a current ratio of 2.01 and a debt-to-equity ratio of 0.76. The firm has a market cap of $586.26 million, a P/E ratio of -6.91 and a beta of 0.71. The firm has a fifty day simple moving average of $7.87 and a 200 day simple moving average of $7.69.

The Hain Celestial Group (NASDAQ:HAIN - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.02). The Hain Celestial Group had a negative net margin of 4.94% and a positive return on equity of 3.13%. The firm had revenue of $394.60 million for the quarter, compared to analyst estimates of $394.24 million. During the same period in the previous year, the business posted ($0.04) EPS. The Hain Celestial Group's revenue for the quarter was down 7.2% on a year-over-year basis. Analysts anticipate that The Hain Celestial Group, Inc. will post 0.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. DA Davidson decreased their target price on shares of The Hain Celestial Group from $9.00 to $8.00 and set a "neutral" rating for the company in a report on Tuesday, November 12th. Piper Sandler reiterated a "neutral" rating and set a $8.00 price objective on shares of The Hain Celestial Group in a research report on Thursday, September 19th. Finally, Barclays reduced their target price on The Hain Celestial Group from $9.00 to $8.00 and set an "equal weight" rating for the company in a report on Monday, November 11th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $9.43.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.