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

Barclays PLC increased its stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN - Free Report) by 124.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,609 shares of the company's stock after purchasing 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 SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP lifted its stake in shares of The Hain Celestial Group by 433.5% during the third quarter. Allworth Financial LP now owns 2,982 shares of the company's stock valued at $26,000 after acquiring an additional 2,423 shares during the period. Point72 Asia Singapore Pte. Ltd. lifted its position in The Hain Celestial Group by 225.5% during 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. Choreo LLC acquired a new position in The Hain Celestial Group during the 2nd quarter valued at about $71,000. Evergreen Capital Management LLC bought a new position in shares of The Hain Celestial Group in the 2nd quarter valued at about $72,000. Finally, Intech Investment Management LLC acquired a new stake in shares of The Hain Celestial Group during the 2nd quarter worth approximately $82,000. 97.01% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on HAIN. Piper Sandler reaffirmed a "neutral" rating and issued a $8.00 price objective on shares of The Hain Celestial Group in a research note on Thursday, September 19th. DA Davidson cut their price target on The Hain Celestial Group from $9.00 to $8.00 and set a "neutral" rating on the stock in a research note on Tuesday, November 12th. Finally, Barclays decreased their price objective on The Hain Celestial Group from $9.00 to $8.00 and set an "equal weight" rating for the company in a research note on Monday, November 11th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, The Hain Celestial Group currently has a consensus rating of "Hold" and an average price target of $9.43.

The Hain Celestial Group Trading Down 8.2 %

NASDAQ:HAIN traded down $0.44 on Friday, reaching $4.94. The company's stock had a trading volume of 1,749,197 shares, compared to its average volume of 1,643,098. The Hain Celestial Group, Inc. has a 1-year low of $4.93 and a 1-year high of $11.68. The business's 50-day moving average price is $7.28 and its two-hundred day moving average price is $7.60. The firm has a market cap of $445.56 million, a PE ratio of -5.26 and a beta of 0.76. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.05 and a current ratio of 2.01.

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

The Hain Celestial Group 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.