Vanguard Group Inc. raised its holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 1.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,339,036 shares of the company’s stock after buying an additional 104,034 shares during the quarter. Vanguard Group Inc. owned 8.04% of The Hain Celestial Group worth $323,722,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Teacher Retirement System of Texas increased its holdings in The Hain Celestial Group by 0.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 8,233 shares of the company’s stock valued at $320,000 after buying an additional 25 shares during the period. New Amsterdam Partners LLC NY increased its holdings in The Hain Celestial Group by 0.8% in the 2nd quarter. New Amsterdam Partners LLC NY now owns 8,581 shares of the company’s stock valued at $333,000 after buying an additional 68 shares during the period. Utah Retirement Systems increased its holdings in The Hain Celestial Group by 0.5% in the 2nd quarter. Utah Retirement Systems now owns 18,600 shares of the company’s stock valued at $722,000 after buying an additional 100 shares during the period. Goelzer Investment Management Inc. increased its holdings in The Hain Celestial Group by 0.5% in the 2nd quarter. Goelzer Investment Management Inc. now owns 50,594 shares of the company’s stock valued at $1,964,000 after buying an additional 260 shares during the period. Finally, Public Employees Retirement System of Ohio increased its holdings in The Hain Celestial Group by 0.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 49,254 shares of the company’s stock valued at $1,832,000 after buying an additional 275 shares during the period. 91.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of The Hain Celestial Group, Inc. (HAIN) opened at 41.95 on Monday. The stock has a 50 day moving average of $40.72 and a 200 day moving average of $38.73. The firm has a market cap of $4.35 billion, a P/E ratio of 64.54 and a beta of 1.28. The Hain Celestial Group, Inc. has a 52 week low of $31.01 and a 52 week high of $45.61.

The Hain Celestial Group (NASDAQ:HAIN) last issued its quarterly earnings results on Tuesday, August 29th. The company reported $0.43 EPS for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.03. The company had revenue of $725.10 million for the quarter, compared to analysts’ expectations of $720.70 million. The Hain Celestial Group had a return on equity of 7.65% and a net margin of 2.36%. The Hain Celestial Group’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the business earned $0.43 earnings per share. Analysts anticipate that The Hain Celestial Group, Inc. will post $1.66 earnings per share for the current fiscal year.

The Hain Celestial Group announced that its board has authorized a stock repurchase plan on Thursday, June 22nd that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

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Several equities research analysts have issued reports on the stock. Loop Capital assumed coverage on shares of The Hain Celestial Group in a report on Monday, July 31st. They issued a “hold” rating and a $46.00 price target on the stock. BidaskClub raised shares of The Hain Celestial Group from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. UBS AG lowered shares of The Hain Celestial Group from a “positive” rating to a “neutral” rating in a report on Tuesday, August 22nd. Susquehanna Bancshares Inc lowered shares of The Hain Celestial Group from a “positive” rating to a “neutral” rating in a report on Tuesday, August 22nd. Finally, Sanford C. Bernstein assumed coverage on shares of The Hain Celestial Group in a report on Friday. They issued a “market perform” rating and a $45.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $41.52.

About The Hain Celestial Group

The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.

Institutional Ownership by Quarter for The Hain Celestial Group (NASDAQ:HAIN)

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