AYAL Capital Advisors Ltd Purchases Shares of 253,838 The Hain Celestial Group, Inc. (NASDAQ:HAIN)

AYAL Capital Advisors Ltd purchased a new stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 253,838 shares of the company's stock, valued at approximately $1,561,000. AYAL Capital Advisors Ltd owned 0.28% of The Hain Celestial Group at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HAIN. Wealthfront Advisers LLC acquired a new position in shares of The Hain Celestial Group during the 4th quarter worth about $370,371,000. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in The Hain Celestial Group by 9.8% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 6,223,817 shares of the company's stock worth $38,276,000 after purchasing an additional 555,195 shares during the period. Invesco Ltd. increased its position in The Hain Celestial Group by 272.4% during the fourth quarter. Invesco Ltd. now owns 5,870,075 shares of the company's stock worth $36,101,000 after buying an additional 4,293,945 shares during the last quarter. Wellington Management Group LLP bought a new stake in The Hain Celestial Group in the fourth quarter valued at approximately $14,322,000. Finally, Geode Capital Management LLC lifted its position in shares of The Hain Celestial Group by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 2,243,999 shares of the company's stock valued at $13,803,000 after buying an additional 14,818 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HAIN shares. Evercore ISI lowered their price target 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. Maxim Group lowered their target price on The Hain Celestial Group from $15.00 to $10.00 and set a "buy" rating on the stock in a research note on Tuesday, February 11th. Barclays reduced their price target on The Hain Celestial Group from $5.00 to $4.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. JPMorgan Chase & Co. lowered their price objective on The Hain Celestial Group from $6.00 to $5.00 and set a "neutral" rating on the stock in a research report on Friday, March 14th. Finally, Stifel Nicolaus reduced their target price on shares of The Hain Celestial Group from $6.00 to $4.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $5.94.

The Hain Celestial Group Stock Down 4.3 %

NASDAQ:HAIN traded down $0.13 during trading hours on Monday, hitting $2.90. 2,041,252 shares of the company traded hands, compared to its average volume of 1,509,169. The Hain Celestial Group, Inc. has a one year low of $2.68 and a one year high of $9.43. 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 has a market cap of $261.72 million, a PE ratio of -1.49 and a beta of 1.05. The firm's 50-day simple moving average is $3.57 and its 200-day simple moving average is $5.46.

The Hain Celestial Group (NASDAQ:HAIN - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.08 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%. Equities analysts predict that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current 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.