The Hain Celestial Group, Inc. (NASDAQ:HAIN) Shares Bought by GSA Capital Partners LLP

GSA Capital Partners LLP increased its holdings in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN - Free Report) by 206.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 318,326 shares of the company's stock after purchasing an additional 214,334 shares during the period. GSA Capital Partners LLP owned 0.35% of The Hain Celestial Group worth $1,321,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. MetLife Investment Management LLC raised its holdings in 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 acquiring an additional 3,215 shares during the last quarter. Allianz Asset Management GmbH boosted its holdings in The Hain Celestial Group by 1.3% in the first quarter. Allianz Asset Management GmbH now owns 294,715 shares of the company's stock valued at $1,223,000 after acquiring an additional 3,715 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of The Hain Celestial Group by 7.1% during the 4th quarter. Franklin Resources Inc. now owns 56,239 shares of the company's stock worth $346,000 after purchasing an additional 3,732 shares during the period. Signaturefd LLC grew its stake in The Hain Celestial Group by 174.5% during the first quarter. Signaturefd LLC now owns 6,858 shares of the company's stock worth $28,000 after buying an additional 4,360 shares during the period. Finally, Ensign Peak Advisors Inc increased its position in shares of The Hain Celestial Group by 8.5% in the fourth quarter. Ensign Peak Advisors Inc now owns 59,208 shares of the company's stock worth $364,000 after acquiring an additional 4,650 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

The Hain Celestial Group Stock Down 1.9%

NASDAQ HAIN traded down $0.03 during mid-day trading on Friday, reaching $1.54. 1,083,718 shares of the company's stock traded hands, compared to its average volume of 1,230,052. The company has a current ratio of 1.81, a quick ratio of 0.99 and a debt-to-equity ratio of 1.01. The Hain Celestial Group, Inc. has a 1-year low of $1.30 and a 1-year high of $9.43. The company has a fifty day simple moving average of $1.69 and a 200-day simple moving average of $2.97. The company has a market cap of $138.99 million, a price-to-earnings ratio of -0.53 and a beta of 0.76.

The Hain Celestial Group (NASDAQ:HAIN - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.05). The company had revenue of $390.35 million for the quarter, compared to analyst estimates of $414.45 million. The Hain Celestial Group had a positive return on equity of 2.47% and a negative net margin of 16.17%. The firm's quarterly revenue was down 10.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.13 EPS. As a group, equities research analysts expect that The Hain Celestial Group, Inc. will post 0.4 EPS for the current year.

Insiders Place Their Bets

In related news, Director Celeste A. Clark bought 83,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was bought at an average price of $1.79 per share, with a total value of $148,570.00. Following the transaction, the director owned 83,000 shares of the company's stock, valued at approximately $148,570. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dawn M. Zier bought 200,000 shares of the business's stock in a transaction dated Friday, May 9th. The stock was bought at an average price of $1.60 per share, for a total transaction of $320,000.00. Following the purchase, the director owned 288,229 shares in the company, valued at approximately $461,166.40. This represents a 226.68% increase in their position. The disclosure for this purchase can be found here. Insiders purchased a total of 308,640 shares of company stock valued at $518,055 in the last ninety days. Corporate insiders own 0.83% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on HAIN. Evercore ISI reduced their target price 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 reduced their price objective on The Hain Celestial Group from $4.00 to $2.00 and set an "equal weight" rating on the stock in a research note on Monday, May 12th. Maxim Group decreased their target price on The Hain Celestial Group from $10.00 to $5.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Piper Sandler dropped their target price on The Hain Celestial Group from $2.00 to $1.80 and set a "neutral" rating on the stock in a report on Tuesday, June 3rd. Finally, Stifel Nicolaus decreased their price target on The Hain Celestial Group from $4.00 to $1.50 and set a "hold" rating for the company in a report on Thursday, May 8th. Nine equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $3.59.

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.