Leeward Investments LLC MA Sells 29,854 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Leeward Investments LLC MA trimmed its holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 384,150 shares of the company’s stock after selling 29,854 shares during the quarter. Leeward Investments LLC MA owned 0.43% of The Hain Celestial Group worth $2,363,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Allworth Financial LP boosted its holdings in The Hain Celestial Group by 433.5% in the 3rd quarter. Allworth Financial LP now owns 2,982 shares of the company’s stock valued at $26,000 after purchasing an additional 2,423 shares during the period. Point72 Asia Singapore Pte. Ltd. raised its position in shares of The Hain Celestial Group by 225.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company’s stock valued at $43,000 after buying an additional 3,432 shares during the last quarter. Van ECK Associates Corp raised its position in shares of 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 valued at $66,000 after buying an additional 3,554 shares during the last quarter. Grace & White Inc. NY bought a new stake in shares of The Hain Celestial Group in the fourth quarter valued at about $86,000. Finally, CWA Asset Management Group LLC acquired a new stake in The Hain Celestial Group during the third quarter worth about $87,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on HAIN shares. JPMorgan Chase & Co. cut their price target on The Hain Celestial Group from $8.00 to $6.00 and set a “neutral” rating for the company in a report on Monday, February 3rd. Piper Sandler cut their target price on 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. Barclays decreased their price target on shares of The Hain Celestial Group from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 11th. DA Davidson dropped their price objective on shares of The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating for the company in a research note on Tuesday, November 12th. Finally, Evercore ISI reduced their price objective on shares of The Hain Celestial Group from $9.00 to $6.00 and set an “in-line” rating for the company in a report on Wednesday, February 12th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, The Hain Celestial Group currently has an average rating of “Hold” and a consensus price target of $6.56.

The Hain Celestial Group Stock Performance

The Hain Celestial Group stock opened at $4.18 on Monday. The firm has a market capitalization of $377.23 million, a P/E ratio of -2.15 and a beta of 0.74. The stock has a fifty day moving average price of $5.30 and a two-hundred day moving average price of $7.05. The Hain Celestial Group, Inc. has a 52-week low of $3.28 and a 52-week high of $10.07. 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 announced 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 positive return on equity of 2.88% and a negative net margin of 10.51%. As a group, analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 EPS for the current fiscal year.

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.