Rothschild Investment LLC Boosts Stock Position in The Hain Celestial Group, Inc. $HAIN

Rothschild Investment LLC raised its position in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 30,334.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,000 shares of the company’s stock after purchasing an additional 69,770 shares during the period. Rothschild Investment LLC owned about 0.08% of The Hain Celestial Group worth $106,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Signaturefd LLC raised its position in shares of The Hain Celestial Group by 174.5% in the first quarter. Signaturefd LLC now owns 6,858 shares of the company’s stock valued at $28,000 after buying an additional 4,360 shares during the last quarter. Rathbones Group PLC purchased a new stake in The Hain Celestial Group in the 2nd quarter worth approximately $39,000. Vanguard Personalized Indexing Management LLC raised its holdings in The Hain Celestial Group by 45.0% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 30,067 shares of the company’s stock valued at $46,000 after acquiring an additional 9,335 shares during the last quarter. Byrne Asset Management LLC raised its holdings in The Hain Celestial Group by 150.3% in the 2nd quarter. Byrne Asset Management LLC now owns 34,040 shares of the company’s stock valued at $52,000 after acquiring an additional 20,441 shares during the last quarter. Finally, Brooklyn Investment Group lifted its stake in shares of The Hain Celestial Group by 6,315.1% during the 1st quarter. Brooklyn Investment Group now owns 12,766 shares of the company’s stock worth $53,000 after purchasing an additional 12,567 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Activity at The Hain Celestial Group

In other The Hain Celestial Group news, Director Neil Campbell bought 62,640 shares of the business’s stock in a transaction dated Friday, September 19th. The shares were acquired at an average price of $1.52 per share, with a total value of $95,212.80. Following the purchase, the director owned 125,569 shares in the company, valued at approximately $190,864.88. The trade was a 99.54% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Alison Lewis bought 44,895 shares of The Hain Celestial Group stock in a transaction that occurred on Friday, September 19th. The shares were acquired at an average price of $1.50 per share, for a total transaction of $67,342.50. Following the acquisition, the chief executive officer directly owned 74,895 shares in the company, valued at approximately $112,342.50. This represents a 149.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 137,535 shares of company stock valued at $207,255. 1.71% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on HAIN. Mizuho dropped their target price on The Hain Celestial Group from $2.50 to $1.50 and set a “neutral” rating for the company in a research note on Tuesday, September 16th. Zacks Research lowered The Hain Celestial Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 17th. Barclays dropped their price objective on shares of The Hain Celestial Group from $2.00 to $1.50 and set an “equal weight” rating for the company in a research note on Wednesday, September 17th. Wall Street Zen upgraded shares of The Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Sunday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of The Hain Celestial Group in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $2.76.

The Hain Celestial Group Stock Performance

Shares of NASDAQ:HAIN opened at $1.20 on Thursday. The business has a 50-day moving average of $1.42 and a two-hundred day moving average of $1.64. The firm has a market capitalization of $108.68 million, a PE ratio of -0.20 and a beta of 0.80. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.91 and a quick ratio of 1.02. The Hain Celestial Group, Inc. has a 12 month low of $1.01 and a 12 month high of $8.85.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Friday, November 7th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.04). The firm had revenue of $367.88 million during the quarter, compared to analyst estimates of $361.09 million. The Hain Celestial Group had a negative net margin of 34.03% and a positive return on equity of 1.10%. As a group, research analysts forecast that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current year.

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.