Leeward Investments LLC MA Cuts Stock Holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Leeward Investments LLC MA reduced its position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 396,684 shares of the company’s stock after selling 16,322 shares during the period. Leeward Investments LLC MA owned approximately 0.44% of The Hain Celestial Group worth $4,344,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Signaturefd LLC increased its holdings in The Hain Celestial Group by 265.2% in the fourth quarter. Signaturefd LLC now owns 4,127 shares of the company’s stock valued at $45,000 after buying an additional 2,997 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in The Hain Celestial Group by 1,647.1% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 4,455 shares of the company’s stock valued at $46,000 after buying an additional 4,200 shares in the last quarter. CWM LLC increased its holdings in The Hain Celestial Group by 231.8% in the third quarter. CWM LLC now owns 4,556 shares of the company’s stock valued at $47,000 after buying an additional 3,183 shares in the last quarter. Oak Thistle LLC purchased a new position in The Hain Celestial Group in the fourth quarter valued at about $111,000. Finally, PNC Financial Services Group Inc. increased its holdings in The Hain Celestial Group by 146.4% in the third quarter. PNC Financial Services Group Inc. now owns 11,743 shares of the company’s stock valued at $122,000 after buying an additional 6,978 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other The Hain Celestial Group news, CEO Wendy P. Davidson purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was purchased at an average cost of $9.46 per share, with a total value of $47,300.00. Following the transaction, the chief executive officer now owns 58,309 shares in the company, valued at $551,603.14. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.72% of the stock is owned by corporate insiders.

The Hain Celestial Group Trading Up 0.8 %

Shares of NASDAQ HAIN traded up $0.05 during trading on Friday, hitting $6.14. 1,288,852 shares of the company traded hands, compared to its average volume of 1,259,826. The Hain Celestial Group, Inc. has a 1 year low of $5.68 and a 1 year high of $18.25. The company has a 50-day moving average price of $8.01 and a 200-day moving average price of $9.81. The firm has a market capitalization of $551.56 million, a P/E ratio of -3.51 and a beta of 0.68. The company has a quick ratio of 1.14, a current ratio of 2.24 and a debt-to-equity ratio of 0.81.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $461.31 million. During the same period in the prior year, the company earned $0.20 EPS. The firm’s revenue was up .0% on a year-over-year basis. On average, equities analysts predict that The Hain Celestial Group, Inc. will post 0.29 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HAIN. JPMorgan Chase & Co. dropped their price objective on shares of The Hain Celestial Group from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Thursday, February 8th. DA Davidson initiated coverage on The Hain Celestial Group in a research report on Friday, March 1st. They set a “neutral” rating and a $10.00 price objective for the company. Barclays cut their price objective on The Hain Celestial Group from $11.00 to $8.00 and set an “equal weight” rating for the company in a research report on Friday, April 12th. Maxim Group cut their price objective on The Hain Celestial Group from $25.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday, February 8th. Finally, Stifel Nicolaus lowered their target price on shares of The Hain Celestial Group from $10.00 to $8.00 and set a “hold” rating for the company in a research note on Friday. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $12.70.

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.