Triodos Investment Management BV Acquires 70,000 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Triodos Investment Management BV raised its position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN - Free Report) by 12.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 620,000 shares of the company's stock after purchasing an additional 70,000 shares during the period. Triodos Investment Management BV owned 0.69% of The Hain Celestial Group worth $3,813,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. raised its position in The Hain Celestial Group by 225.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company's stock valued at $43,000 after acquiring an additional 3,432 shares in the last quarter. Van ECK Associates Corp increased its stake in shares of The Hain Celestial Group by 49.0% during the 4th quarter. Van ECK Associates Corp now owns 10,805 shares of the company's stock worth $66,000 after purchasing an additional 3,554 shares during the last quarter. Virtu Financial LLC bought a new position in shares of The Hain Celestial Group during the 4th quarter valued at $73,000. Grace & White Inc. NY bought a new position in shares of The Hain Celestial Group during the 4th quarter valued at $86,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of The Hain Celestial Group in the 3rd quarter valued at $93,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

The Hain Celestial Group Stock Performance

Shares of HAIN traded up $0.09 during mid-day trading on Monday, hitting $4.20. The company's stock had a trading volume of 1,092,296 shares, compared to its average volume of 1,505,808. The stock's 50-day moving average is $4.31 and its two-hundred day moving average is $6.45. The firm has a market capitalization of $378.59 million, a PE ratio of -2.16 and a beta of 0.83. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.00 and a current ratio of 1.90. The Hain Celestial Group, Inc. has a one year low of $3.28 and a one year high of $9.43.

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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 anticipate that The Hain Celestial Group, Inc. will post 0.4 EPS for the current year.

Analyst Upgrades and Downgrades

HAIN has been the topic of several recent research reports. Barclays cut their target price on The Hain Celestial Group from $6.00 to $5.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 11th. Evercore ISI cut their price objective on The Hain Celestial Group from $9.00 to $6.00 and set an "in-line" rating on the stock in a research note on Wednesday, February 12th. Piper Sandler decreased 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 dropped their price target on shares of 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, Stifel Nicolaus decreased their price objective on shares of The Hain Celestial Group from $7.00 to $6.00 and set a "hold" rating for the company in a report on Tuesday, February 11th. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $6.44.

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.