Janus Henderson Group PLC Has $556,000 Holdings in Hain Celestial Group Inc (HAIN)

Janus Henderson Group PLC cut its stake in Hain Celestial Group Inc (NASDAQ:HAIN) by 18.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,645 shares of the company’s stock after selling 4,278 shares during the period. Janus Henderson Group PLC’s holdings in Hain Celestial Group were worth $556,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Swiss National Bank increased its position in shares of Hain Celestial Group by 2.1% during the first quarter. Swiss National Bank now owns 163,914 shares of the company’s stock valued at $5,257,000 after acquiring an additional 3,400 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Hain Celestial Group by 7.2% during the first quarter. Schwab Charles Investment Management Inc. now owns 510,727 shares of the company’s stock valued at $16,380,000 after acquiring an additional 34,450 shares in the last quarter. Engineers Gate Manager LP bought a new stake in shares of Hain Celestial Group during the first quarter valued at approximately $291,000. Northern Trust Corp increased its position in shares of Hain Celestial Group by 0.3% during the first quarter. Northern Trust Corp now owns 787,610 shares of the company’s stock valued at $25,259,000 after acquiring an additional 2,487 shares in the last quarter. Finally, BlackRock Inc. increased its position in shares of Hain Celestial Group by 4.0% during the first quarter. BlackRock Inc. now owns 8,688,297 shares of the company’s stock valued at $278,636,000 after acquiring an additional 332,557 shares in the last quarter. 92.47% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on HAIN. Zacks Investment Research upgraded shares of Hain Celestial Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 10th. Jefferies Financial Group restated a “buy” rating and issued a $40.00 target price on shares of Hain Celestial Group in a report on Monday, June 25th. Citigroup dropped their target price on shares of Hain Celestial Group from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Monday, June 25th. ValuEngine cut shares of Hain Celestial Group from a “sell” rating to a “strong sell” rating in a report on Monday, July 2nd. Finally, BidaskClub upgraded shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Wednesday, June 20th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $33.53.

Shares of HAIN stock opened at $26.26 on Monday. The company has a market capitalization of $2.73 billion, a P/E ratio of 22.64, a P/E/G ratio of 2.85 and a beta of 1.10. Hain Celestial Group Inc has a 12-month low of $25.41 and a 12-month high of $44.37. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.56 and a current ratio of 2.49.

Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Tuesday, August 28th. The company reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.01. The business had revenue of $619.60 million for the quarter, compared to analysts’ expectations of $629.25 million. Hain Celestial Group had a net margin of 0.35% and a return on equity of 7.37%. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.41 EPS. equities analysts predict that Hain Celestial Group Inc will post 1.23 EPS for the current year.

About Hain Celestial Group

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts; chilies; chocolates; and nut butters.

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Institutional Ownership by Quarter for Hain Celestial Group (NASDAQ:HAIN)

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