Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. Buys Shares of 22,150 Hain Celestial Group Inc (HAIN)
Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. bought a new stake in shares of Hain Celestial Group Inc (NASDAQ:HAIN) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 22,150 shares of the company’s stock, valued at approximately $939,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Credit Agricole S A purchased a new position in Hain Celestial Group during the 4th quarter valued at $101,000. Calton & Associates Inc. purchased a new position in Hain Celestial Group during the 4th quarter valued at $110,000. Stuart Chaussee & Associates Inc. purchased a new position in Hain Celestial Group during the 4th quarter valued at $127,000. KBC Group NV boosted its holdings in Hain Celestial Group by 106.9% during the 4th quarter. KBC Group NV now owns 3,752 shares of the company’s stock valued at $159,000 after acquiring an additional 1,939 shares during the period. Finally, First National Trust Co. purchased a new position in Hain Celestial Group during the 3rd quarter valued at $201,000. 91.19% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Hain Celestial Group Inc (NASDAQ:HAIN) opened at $35.35 on Wednesday. Hain Celestial Group Inc has a 1-year low of $31.01 and a 1-year high of $45.61. The firm has a market capitalization of $3,712.99, a price-to-earnings ratio of 37.61, a price-to-earnings-growth ratio of 1.13 and a beta of 1.14. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.44 and a quick ratio of 1.19.
A number of equities analysts recently issued reports on the company. Susquehanna Bancshares set a $43.00 price objective on Hain Celestial Group and gave the company a “hold” rating in a report on Monday, February 5th. Zacks Investment Research upgraded Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Friday, February 9th. Barclays restated a “hold” rating and set a $36.00 price objective on shares of Hain Celestial Group in a report on Friday, February 9th. BMO Capital Markets dropped their price objective on Hain Celestial Group from $44.00 to $39.00 and set a “market perform” rating for the company in a report on Thursday, February 8th. Finally, Jefferies Group restated a “buy” rating and set a $52.00 price objective on shares of Hain Celestial Group in a report on Wednesday, February 7th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company. Hain Celestial Group currently has an average rating of “Hold” and an average price target of $41.11.
In related news, Director Glenn W. Welling acquired 1,407,543 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average cost of $34.83 per share, for a total transaction of $49,024,722.69. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 12.34% of the company’s stock.
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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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