Monetta Financial Services Inc. cut its stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 24.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,500 shares of the company’s stock after selling 12,500 shares during the period. Monetta Financial Services Inc.’s holdings in The Hain Celestial Group were worth $1,625,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HAIN. Teacher Retirement System of Texas raised its holdings in shares of The Hain Celestial Group by 0.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 8,233 shares of the company’s stock worth $320,000 after buying an additional 25 shares in the last quarter. New Amsterdam Partners LLC NY raised its holdings in shares of The Hain Celestial Group by 0.8% during the 2nd quarter. New Amsterdam Partners LLC NY now owns 8,581 shares of the company’s stock worth $333,000 after buying an additional 68 shares in the last quarter. Utah Retirement Systems raised its holdings in shares of The Hain Celestial Group by 0.5% during the 2nd quarter. Utah Retirement Systems now owns 18,600 shares of the company’s stock worth $722,000 after buying an additional 100 shares in the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of The Hain Celestial Group by 1.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 31,557 shares of the company’s stock worth $1,225,000 after buying an additional 462 shares in the last quarter. Finally, Arizona State Retirement System raised its holdings in shares of The Hain Celestial Group by 1.4% during the 2nd quarter. Arizona State Retirement System now owns 43,600 shares of the company’s stock worth $1,693,000 after buying an additional 600 shares in the last quarter. 90.28% of the stock is owned by hedge funds and other institutional investors.

In related news, Director Richard Dean Hollis purchased 10,000 shares of The Hain Celestial Group stock in a transaction on Friday, November 10th. The shares were purchased at an average price of $35.27 per share, for a total transaction of $352,700.00. Following the transaction, the director now owns 10,000 shares of the company’s stock, valued at approximately $352,700. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Irwin D. Simon purchased 50,000 shares of The Hain Celestial Group stock in a transaction on Thursday, November 9th. The stock was bought at an average price of $34.14 per share, for a total transaction of $1,707,000.00. Following the transaction, the chief executive officer now directly owns 1,695,014 shares in the company, valued at approximately $57,867,777.96. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 68,500 shares of company stock valued at $2,352,730. Insiders own 12.34% of the company’s stock.

HAIN has been the subject of a number of research analyst reports. Sanford C. Bernstein initiated coverage on The Hain Celestial Group in a report on Friday, October 6th. They set a “market perform” rating and a $45.00 price target for the company. TheStreet cut The Hain Celestial Group from a “b-” rating to a “c” rating in a report on Tuesday, November 7th. Zacks Investment Research cut The Hain Celestial Group from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Royal Bank Of Canada reissued a “hold” rating on shares of The Hain Celestial Group in a report on Thursday, November 9th. Finally, UBS reissued a “sell” rating and set a $33.00 price target (up previously from $31.00) on shares of The Hain Celestial Group in a report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $41.31.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) opened at $41.88 on Thursday. The Hain Celestial Group, Inc. has a fifty-two week low of $31.01 and a fifty-two week high of $45.61. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.50 and a quick ratio of 1.22. The stock has a market capitalization of $4,299.05, a PE ratio of 31.62, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26.

The Hain Celestial Group (NASDAQ:HAIN) last issued its earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The Hain Celestial Group had a return on equity of 8.03% and a net margin of 2.73%. The firm had revenue of $708.30 million during the quarter, compared to analyst estimates of $697.39 million. During the same period in the previous year, the company earned $0.14 EPS. The Hain Celestial Group’s revenue for the quarter was up 3.9% on a year-over-year basis. equities analysts forecast that The Hain Celestial Group, Inc. will post 1.67 earnings per share for the current year.

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The Hain Celestial Group Company Profile

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.

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

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