Raiffeisen Bank International AG Has $184,000 Stock Holdings in The Hain Celestial Group, Inc. $HAIN

Raiffeisen Bank International AG trimmed its position in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 76.9% in the second quarter, Holdings Channel.com reports. The firm owned 120,000 shares of the company’s stock after selling 400,000 shares during the period. Raiffeisen Bank International AG’s holdings in The Hain Celestial Group were worth $184,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Allianz Asset Management GmbH grew its position in shares of The Hain Celestial Group by 1.3% during the 1st quarter. Allianz Asset Management GmbH now owns 294,715 shares of the company’s stock worth $1,223,000 after buying an additional 3,715 shares during the period. Signaturefd LLC lifted its holdings in 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 period. Cerity Partners LLC boosted its stake in The Hain Celestial Group by 50.8% in the first quarter. Cerity Partners LLC now owns 16,708 shares of the company’s stock valued at $69,000 after acquiring an additional 5,625 shares during the last quarter. Intech Investment Management LLC grew its holdings in The Hain Celestial Group by 14.2% during the 2nd quarter. Intech Investment Management LLC now owns 53,821 shares of the company’s stock worth $82,000 after acquiring an additional 6,673 shares during the period. Finally, CWM LLC raised its position in shares of The Hain Celestial Group by 106.8% during the 1st quarter. CWM LLC now owns 15,493 shares of the company’s stock valued at $64,000 after acquiring an additional 8,000 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

The Hain Celestial Group Price Performance

The Hain Celestial Group stock opened at $1.20 on Thursday. The stock has a market capitalization of $108.68 million, a PE ratio of -0.20 and a beta of 0.80. The Hain Celestial Group, Inc. has a twelve month low of $1.01 and a twelve month high of $8.85. The company has a 50 day moving average of $1.42 and a 200-day moving average of $1.64. The company has a quick ratio of 1.02, a current ratio of 1.91 and a debt-to-equity ratio of 1.47.

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HAIN. Barclays reduced their price target on The Hain Celestial Group from $2.00 to $1.50 and set an “equal weight” rating on the stock in a research report on Wednesday, September 17th. Weiss Ratings reissued a “sell (e+)” rating on shares of The Hain Celestial Group in a research note on Tuesday, October 14th. Stephens cut The Hain Celestial Group from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $3.00 to $2.00 in a research note on Wednesday, September 17th. Mizuho cut their price target on shares of The Hain Celestial Group from $2.50 to $1.50 and set a “neutral” rating on the stock in a research report on Tuesday, September 16th. Finally, Wall Street Zen raised shares of The Hain Celestial Group from a “sell” rating to a “hold” rating in a research note on Sunday. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, The Hain Celestial Group currently has an average rating of “Reduce” and a consensus price target of $2.76.

Insider Transactions at The Hain Celestial Group

In other news, Director Neil Campbell purchased 62,640 shares of The Hain Celestial Group stock in a transaction on Friday, September 19th. The stock was purchased at an average price of $1.52 per share, with a total value of $95,212.80. Following the transaction, the director directly owned 125,569 shares in the company, valued at $190,864.88. The trade was a 99.54% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Alison Lewis purchased 44,895 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were acquired at an average cost of $1.50 per share, with a total value of $67,342.50. Following the completion of the purchase, 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 ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have purchased 137,535 shares of company stock valued at $207,255. 1.71% of the stock is owned by corporate insiders.

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.