The Hain Celestial Group, Inc. (NASDAQ:HAIN) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN - Free Report) by 53.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 491,877 shares of the company's stock after acquiring an additional 171,420 shares during the quarter. JPMorgan Chase & Co. owned 0.55% of The Hain Celestial Group worth $3,025,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. FMR LLC increased its stake in The Hain Celestial Group by 14.9% in the 3rd quarter. FMR LLC now owns 17,580 shares of the company's stock worth $152,000 after buying an additional 2,280 shares during the period. Jane Street Group LLC grew its stake in The Hain Celestial Group by 72.6% in the 3rd quarter. Jane Street Group LLC now owns 174,450 shares of the company's stock worth $1,506,000 after acquiring an additional 73,352 shares in the last quarter. Barclays PLC increased its position in shares of The Hain Celestial Group by 124.6% during the third quarter. Barclays PLC now owns 182,609 shares of the company's stock worth $1,576,000 after acquiring an additional 101,290 shares during the period. Geode Capital Management LLC raised its stake in shares of The Hain Celestial Group by 6.8% during the third quarter. Geode Capital Management LLC now owns 2,229,181 shares of the company's stock valued at $19,241,000 after acquiring an additional 142,097 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of The Hain Celestial Group in the third quarter valued at approximately $93,000. Institutional investors own 97.01% of the company's stock.

The Hain Celestial Group Stock Down 4.2 %

NASDAQ HAIN traded down $0.13 on Friday, hitting $2.94. The stock had a trading volume of 1,428,441 shares, compared to its average volume of 1,499,175. The Hain Celestial Group, Inc. has a 52-week low of $2.68 and a 52-week high of $9.43. The business's fifty day moving average price is $3.70 and its 200 day moving average price is $5.74. 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 stock has a market cap of $265.33 million, a price-to-earnings ratio of -1.52 and a beta of 0.93.

The Hain Celestial Group (NASDAQ:HAIN - Get Free Report) last announced its earnings results on Monday, February 10th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate 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 research analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current year.

Wall Street Analyst Weigh In

HAIN has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their target price on The Hain Celestial Group from $6.00 to $4.00 and set a "hold" rating for the company in a research report on Thursday. Mizuho dropped their target price on shares of The Hain Celestial Group from $7.00 to $4.50 and set a "neutral" rating on the stock in a report on Tuesday, February 11th. Piper Sandler cut their target price on shares of The Hain Celestial Group from $8.00 to $7.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. 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 for the company in a research report on Wednesday. Finally, JPMorgan Chase & Co. cut their price objective on shares of The Hain Celestial Group from $6.00 to $5.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $5.94.

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.