Charles Schwab Investment Management Inc. Has $7.41 Million Holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Charles Schwab Investment Management Inc. lowered its position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN - Free Report) by 20.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,204,670 shares of the company's stock after selling 309,508 shares during the period. Charles Schwab Investment Management Inc. owned 1.34% of The Hain Celestial Group worth $7,409,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of HAIN. Thrivent Financial for Lutherans boosted its stake in The Hain Celestial Group by 8.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 81,226 shares of the company's stock valued at $701,000 after purchasing an additional 6,470 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of The Hain Celestial Group by 257.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 496,842 shares of the company's stock worth $4,288,000 after buying an additional 357,669 shares during the period. Intech Investment Management LLC grew its holdings in The Hain Celestial Group by 93.7% in the 3rd quarter. Intech Investment Management LLC now owns 22,960 shares of the company's stock worth $198,000 after buying an additional 11,109 shares in the last quarter. Swedbank AB bought a new stake in The Hain Celestial Group during the 3rd quarter valued at $216,000. Finally, Quantbot Technologies LP grew its stake in shares of The Hain Celestial Group by 70.7% in the third quarter. Quantbot Technologies LP now owns 32,561 shares of the company's stock worth $281,000 after purchasing an additional 13,485 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

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The Hain Celestial Group Price Performance

Shares of HAIN traded up $0.25 during trading hours on Thursday, hitting $4.16. 2,358,022 shares of the company were exchanged, compared to its average volume of 1,462,856. The firm has a fifty day simple moving average of $4.33 and a 200-day simple moving average of $6.52. The company has a market capitalization of $375.43 million, a PE ratio of -2.14 and a beta of 0.83. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.90 and a quick ratio of 1.00. The Hain Celestial Group, Inc. has a one year low of $3.28 and a one year high of $9.43.

The Hain Celestial Group (NASDAQ:HAIN - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. As a group, sell-side analysts predict that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on HAIN. Mizuho lowered their target price on shares of The Hain Celestial Group from $7.00 to $4.50 and set a "neutral" rating on the stock in a research note on Tuesday, February 11th. Stifel Nicolaus dropped their target price on The Hain Celestial Group from $7.00 to $6.00 and set a "hold" rating on the stock in a report on Tuesday, February 11th. Piper Sandler cut their target price on The Hain Celestial Group from $8.00 to $7.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Maxim Group lowered their price target on The Hain Celestial Group from $15.00 to $10.00 and set a "buy" rating on the stock in a research report on Tuesday, February 11th. Finally, Evercore ISI cut their price objective on The Hain Celestial Group from $9.00 to $6.00 and set an "in-line" rating for the company in a report on Wednesday, February 12th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $6.44.

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.