Teza Capital Management LLC Sells 36,158 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Teza Capital Management LLC lowered its stake in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 44.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 46,075 shares of the company’s stock after selling 36,158 shares during the quarter. Teza Capital Management LLC owned about 0.05% of The Hain Celestial Group worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Raiffeisen Bank International AG bought a new position in shares of The Hain Celestial Group in the 4th quarter worth approximately $12,619,000. ProShare Advisors LLC grew its stake in The Hain Celestial Group by 44.5% in the fourth quarter. ProShare Advisors LLC now owns 27,039 shares of the company’s stock worth $166,000 after purchasing an additional 8,322 shares during the period. Quantinno Capital Management LP grew its stake in The Hain Celestial Group by 51.1% in the fourth quarter. Quantinno Capital Management LP now owns 18,949 shares of the company’s stock worth $117,000 after purchasing an additional 6,407 shares during the period. Nia Impact Advisors LLC raised its holdings in The Hain Celestial Group by 122.8% in the fourth quarter. Nia Impact Advisors LLC now owns 197,940 shares of the company’s stock worth $1,217,000 after purchasing an additional 109,091 shares in the last quarter. Finally, Ensign Peak Advisors Inc lifted its position in The Hain Celestial Group by 8.5% during the fourth quarter. Ensign Peak Advisors Inc now owns 59,208 shares of the company’s stock valued at $364,000 after buying an additional 4,650 shares during the period. 97.01% of the stock is owned by institutional investors.

The Hain Celestial Group Trading Up 1.0%

NASDAQ:HAIN opened at $2.09 on Wednesday. The stock has a market cap of $188.63 million, a price-to-earnings ratio of -1.08 and a beta of 1.05. The company has a quick ratio of 1.00, a current ratio of 1.90 and a debt-to-equity ratio of 0.90. The company’s 50 day moving average price is $3.10 and its 200-day moving average price is $4.97. The Hain Celestial Group, Inc. has a 52 week low of $1.30 and a 52 week high of $9.43.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.05). The business had revenue of $390.35 million during the quarter, compared to the consensus estimate of $414.45 million. The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. The business’s revenue was down 10.9% compared to the same quarter last year. During the same period last year, the company posted $0.13 earnings per share. On average, equities research analysts forecast that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current fiscal year.

Insider Activity at The Hain Celestial Group

In related news, Director Celeste A. Clark bought 83,000 shares of the business’s stock in a transaction on Tuesday, May 13th. The stock was acquired at an average price of $1.79 per share, with a total value of $148,570.00. Following the transaction, the director now owns 83,000 shares in the company, valued at approximately $148,570. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Dawn M. Zier purchased 200,000 shares of the stock in a transaction dated Friday, May 9th. The shares were purchased at an average cost of $1.60 per share, for a total transaction of $320,000.00. Following the completion of the acquisition, the director now directly owns 288,229 shares in the company, valued at approximately $461,166.40. This trade represents a 226.68% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired 286,200 shares of company stock valued at $481,498 over the last ninety days. Insiders own 0.83% of the company’s stock.

Analysts Set New Price Targets

HAIN has been the topic of a number of recent research reports. Stifel Nicolaus reduced their target price on shares of The Hain Celestial Group from $4.00 to $1.50 and set a “hold” rating on the stock in a research report on Thursday, May 8th. Evercore ISI cut their price objective on shares of The Hain Celestial Group from $6.00 to $5.00 and set an “in-line” rating on the stock in a report on Wednesday, April 23rd. Barclays decreased their target price on shares of The Hain Celestial Group from $4.00 to $2.00 and set an “equal weight” rating for the company in a research note on Monday, May 12th. Sanford C. Bernstein cut The Hain Celestial Group from an “outperform” rating to a “market perform” rating and set a $1.50 price target on the stock. in a research report on Thursday, May 8th. Finally, CL King restated a “neutral” rating on shares of The Hain Celestial Group in a research note on Thursday, May 8th. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $4.39.

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.