XTX Topco Ltd raised its holdings in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN - Free Report) by 176.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 123,707 shares of the company's stock after purchasing an additional 78,985 shares during the period. XTX Topco Ltd owned approximately 0.14% of The Hain Celestial Group worth $1,068,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in HAIN. Allworth Financial LP lifted its holdings in shares of The Hain Celestial Group by 433.5% during the 3rd quarter. Allworth Financial LP now owns 2,982 shares of the company's stock valued at $26,000 after buying an additional 2,423 shares during the period. Signaturefd LLC lifted its holdings in shares of The Hain Celestial Group by 125.9% during the 2nd quarter. Signaturefd LLC now owns 3,994 shares of the company's stock valued at $28,000 after buying an additional 2,226 shares during the period. nVerses Capital LLC lifted its holdings in shares of The Hain Celestial Group by 161.1% during the 2nd quarter. nVerses Capital LLC now owns 4,700 shares of the company's stock valued at $32,000 after buying an additional 2,900 shares during the period. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of 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 buying an additional 3,432 shares during the period. Finally, CWM LLC lifted its holdings in shares of The Hain Celestial Group by 357.8% during the 2nd quarter. CWM LLC now owns 8,822 shares of the company's stock valued at $61,000 after buying an additional 6,895 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.
The Hain Celestial Group Trading Up 0.1 %
HAIN traded up $0.01 on Tuesday, hitting $8.08. The company had a trading volume of 1,311,653 shares, compared to its average volume of 1,195,311. The company has a market cap of $728.74 million, a PE ratio of -8.60 and a beta of 0.72. The Hain Celestial Group, Inc. has a 12-month low of $5.68 and a 12-month 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 business's fifty day simple moving average is $8.29 and its 200 day simple moving average is $7.72.
The Hain Celestial Group (NASDAQ:HAIN - Get Free Report) last announced its earnings results 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 Hain Celestial Group had a negative net margin of 4.94% and a positive return on equity of 3.13%. The business had revenue of $394.60 million for the quarter, compared to analysts' expectations of $394.24 million. During the same quarter last year, the firm earned ($0.04) EPS. The firm's quarterly revenue was down 7.2% on a year-over-year basis. Equities research analysts expect that The Hain Celestial Group, Inc. will post 0.44 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on HAIN shares. DA Davidson decreased their target price on The Hain Celestial Group from $9.00 to $8.00 and set a "neutral" rating on the stock in a report on Tuesday, November 12th. Stifel Nicolaus raised their target price on The Hain Celestial Group from $8.00 to $9.00 and gave the stock a "hold" rating in a report on Wednesday, August 28th. Barclays decreased their target price on The Hain Celestial Group from $9.00 to $8.00 and set an "equal weight" rating on the stock in a report on Monday, November 11th. Finally, Piper Sandler reiterated a "neutral" rating and issued a $8.00 price target on shares of The Hain Celestial Group in a research note on Thursday, September 19th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $9.43.
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The Hain Celestial Group Profile
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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.
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