Tudor Investment Corp ET AL Sells 159,226 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Tudor Investment Corp ET AL lessened its stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 52.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 143,699 shares of the company’s stock after selling 159,226 shares during the period. Tudor Investment Corp ET AL owned about 0.16% of The Hain Celestial Group worth $884,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Illinois Municipal Retirement Fund increased its position in The Hain Celestial Group by 4.4% during the 4th quarter. Illinois Municipal Retirement Fund now owns 49,113 shares of the company’s stock valued at $302,000 after purchasing an additional 2,091 shares during the period. MetLife Investment Management LLC boosted its stake in shares of The Hain Celestial Group by 6.3% in the 4th quarter. MetLife Investment Management LLC now owns 54,389 shares of the company’s stock valued at $334,000 after purchasing an additional 3,215 shares during the last quarter. Van ECK Associates Corp raised its stake in The Hain Celestial Group by 49.0% during the fourth quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock worth $66,000 after buying an additional 3,554 shares during the last quarter. Franklin Resources Inc. lifted its holdings in The Hain Celestial Group by 7.1% in the fourth quarter. Franklin Resources Inc. now owns 56,239 shares of the company’s stock valued at $346,000 after buying an additional 3,732 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in The Hain Celestial Group by 20.7% in the fourth quarter. GAMMA Investing LLC now owns 30,650 shares of the company’s stock valued at $188,000 after buying an additional 5,250 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HAIN. Evercore ISI lowered their price objective on The Hain Celestial Group from $6.00 to $5.00 and set an “in-line” rating for the company in a research report on Wednesday, April 23rd. Maxim Group reduced their price objective on The Hain Celestial Group from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Mizuho reduced their price objective on shares of The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating for the company in a report on Tuesday, February 11th. Stifel Nicolaus decreased their price target on The Hain Celestial Group from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, April 24th. Finally, Piper Sandler decreased their price objective on shares of The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $5.94.

The Hain Celestial Group Stock Down 4.5 %

Shares of NASDAQ HAIN opened at $2.77 on Wednesday. The Hain Celestial Group, Inc. has a one year low of $2.68 and a one year high of $9.43. The business’s fifty day moving average price is $3.55 and its 200-day moving average price is $5.45. The stock has a market capitalization of $249.98 million, a PE ratio of -1.43 and a beta of 1.05. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.90 and a quick ratio of 1.00.

The Hain Celestial Group (NASDAQ:HAIN) last issued its earnings results on Monday, February 10th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. On average, equities research analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 EPS 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.