New York State Teachers Retirement System Has $1.22 Million Holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

New York State Teachers Retirement System trimmed its holdings in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 6.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 111,394 shares of the company’s stock after selling 7,100 shares during the period. New York State Teachers Retirement System owned approximately 0.12% of The Hain Celestial Group worth $1,220,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Advisor Group Holdings Inc. boosted its stake in The Hain Celestial Group by 4.5% during the first quarter. Advisor Group Holdings Inc. now owns 9,772 shares of the company’s stock worth $327,000 after acquiring an additional 425 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of The Hain Celestial Group by 5.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,763 shares of the company’s stock worth $303,000 after purchasing an additional 443 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its position in shares of The Hain Celestial Group by 30.0% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 3,121 shares of the company’s stock worth $50,000 after purchasing an additional 721 shares in the last quarter. Mariner LLC boosted its position in shares of The Hain Celestial Group by 6.8% during the 4th quarter. Mariner LLC now owns 13,099 shares of the company’s stock worth $212,000 after purchasing an additional 839 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in shares of The Hain Celestial Group by 1.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 60,504 shares of the company’s stock worth $1,021,000 after purchasing an additional 885 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Wendy P. Davidson bought 5,000 shares of the company’s stock in a transaction on Tuesday, February 13th. The shares were purchased at an average price of $9.46 per share, with a total value of $47,300.00. Following the transaction, the chief executive officer now directly owns 58,309 shares in the company, valued at $551,603.14. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.72% of the company’s stock.

The Hain Celestial Group Price Performance

Shares of NASDAQ HAIN opened at $5.76 on Thursday. The Hain Celestial Group, Inc. has a fifty-two week low of $5.68 and a fifty-two week high of $18.25. The stock has a market cap of $517.42 million, a price-to-earnings ratio of -3.25 and a beta of 0.68. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.14 and a current ratio of 2.24. The firm’s 50-day simple moving average is $8.44 and its 200 day simple moving average is $9.98.

The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The Hain Celestial Group had a negative net margin of 8.88% and a positive return on equity of 2.48%. The firm had revenue of $454.10 million during the quarter, compared to analyst estimates of $461.31 million. During the same quarter last year, the business posted $0.20 EPS. The company’s revenue for the quarter was up .0% on a year-over-year basis. As a group, research analysts anticipate that The Hain Celestial Group, Inc. will post 0.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

HAIN has been the topic of a number of research analyst reports. JPMorgan Chase & Co. cut their price objective on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Thursday, February 8th. DA Davidson initiated coverage on shares of The Hain Celestial Group in a research report on Friday, March 1st. They set a “neutral” rating and a $10.00 price objective on the stock. Barclays cut their price objective on shares of The Hain Celestial Group from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Friday, April 12th. Mizuho cut their price objective on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 3rd. Finally, Maxim Group cut their price objective on shares of The Hain Celestial Group from $25.00 to $18.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Eight research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $13.00.

About The Hain Celestial Group

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.