Hain Celestial Group Inc (HAIN) : Tricadia Capital Management reduced its stake in Hain Celestial Group Inc by 63.41% during the most recent quarter end. The investment management company now holds a total of 137,200 shares of Hain Celestial Group Inc which is valued at $6.5 Million after selling 237,800 shares in Hain Celestial Group Inc , the firm said in a disclosure report filed with the SEC on May 11, 2016.Hain Celestial Group Inc makes up approximately 2.43% of Tricadia Capital Management’s portfolio.
Other Hedge Funds, Including , Teacher Retirement System Of Texas boosted its stake in HAIN in the latest quarter, The investment management firm added 3,436 additional shares and now holds a total of 12,710 shares of Hain Celestial Group Inc which is valued at $600,293.Wafra Investment Advisory Group Inc Ny reduced its stake in HAIN by selling 253,312 shares or 94.85% in the most recent quarter. The Hedge Fund company now holds 13,742 shares of HAIN which is valued at $649,035. Hain Celestial Group Inc makes up approx 0.07% of Wafra Investment Advisory Group Inc Ny’s portfolio.Ibm Retirement Fund reduced its stake in HAIN by selling 13,341 shares or 56.48% in the most recent quarter. The Hedge Fund company now holds 10,279 shares of HAIN which is valued at $485,477. Hain Celestial Group Inc makes up approx 0.02% of Ibm Retirement Fund’s portfolio.Nordea Investment Management Ab boosted its stake in HAIN in the latest quarter, The investment management firm added 147,696 additional shares and now holds a total of 1,002,348 shares of Hain Celestial Group Inc which is valued at $42 Million. Hain Celestial Group Inc makes up approx 0.13% of Nordea Investment Management Ab’s portfolio.
Hain Celestial Group Inc opened for trading at $47.37 and hit $48 on the upside on Monday, eventually ending the session at $47.38, with a gain of 0.32% or 0.15 points. The heightened volatility saw the trading volume jump to 10,19,623 shares. Company has a market cap of $4,901 M.
On the company’s financial health, Hain Celestial Group Inc reported $0.49 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $0.49. The company had revenue of $749.86 million for the quarter, compared to analysts expectations of $733.54 million. The company’s revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS.
Many Wall Street Analysts have commented on Hain Celestial Group Inc. Company shares were Reiterated by RBC Capital Mkts on May 5, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 44 from a previous price target of $42 .Hain Celestial Group Inc was Initiated by Atlantic Equities to “Neutral” on Apr 7, 2016. Shares were Reiterated by Argus on Feb 22, 2016 to “Buy” and Lowered the Price Target to $ 50 from a previous price target of $78 .
The Hain Celestial Group Inc. manufactures markets distributes and sells organic and natural products under brand names which are sold as better-for-you products. The Company operates in five segments: the United States the United Kingdom Canada Europe and Hain Pure Protein. The Company’s brands include Almond Dream Arrowhead Mills BluePrint Celestial Seasonings Cully & Sully Danival DeBoles Earth’s Best Ella’s Kitchen Europe’s Best Farmhouse Fare Frank Cooper’s Gale’s Garden of Eatin’ GG UniqueFiber Hartley’s Health Valley Imagine Johnson’s Juice Co. Lima Linda McCartney MaraNatha New Covent Garden Soup Co. Rice Dream Robertson’s Rudi’s Organic Bakery Rudi’s Gluten-Free Bakery Sensible Portions Spectrum Spectrum Essentials and Soy Dream among others. Its markets its personal care products under the Alba Botanica Avalon Organics Earth’s Best JASON and Queen Helene brands. In addition it offers the Joya and Happy brands.