Ami Asset Management Corp Lowers stake in Hain Celestial Group Inc (HAIN)

Hain Celestial Group Inc (HAIN) : Ami Asset Management Corp reduced its stake in Hain Celestial Group Inc by 3.28% during the most recent quarter end. The investment management company now holds a total of 885,664 shares of Hain Celestial Group Inc which is valued at $46,391,080 after selling 30,050 shares in Hain Celestial Group Inc , the firm said in a disclosure report filed with the SEC on Jul 21, 2016.Hain Celestial Group Inc makes up approximately 3.09% of Ami Asset Management Corp’s portfolio.

Other Hedge Funds, Including , Rothschild Investment Corp Il reduced its stake in HAIN by selling 1,630 shares or 7.91% in the most recent quarter. The Hedge Fund company now holds 18,970 shares of HAIN which is valued at $993,649. Hain Celestial Group Inc makes up approx 0.12% of Rothschild Investment Corp Il’s portfolio.Trust Co Of Vermont boosted its stake in HAIN in the latest quarter, The investment management firm added 1,722 additional shares and now holds a total of 4,503 shares of Hain Celestial Group Inc which is valued at $233,931. Hain Celestial Group Inc makes up approx 0.03% of Trust Co Of Vermont’s portfolio.Creative Planning reduced its stake in HAIN by selling 209 shares or 4.11% in the most recent quarter. The Hedge Fund company now holds 4,879 shares of HAIN which is valued at $251,464. Daiwa Sb Investments Ltd. sold out all of its stake in HAIN during the most recent quarter. The investment firm sold 5,930 shares of HAIN which is valued $310,791.Dnb Asset Management As reduced its stake in HAIN by selling 2,100 shares or 3.89% in the most recent quarter. The Hedge Fund company now holds 51,910 shares of HAIN which is valued at $2,720,603. Hain Celestial Group Inc makes up approx 0.06% of Dnb Asset Management As’s portfolio.

Hain Celestial Group Inc opened for trading at $51.81 and hit $53.03 on the upside on Thursday, eventually ending the session at $52.73, with a gain of 2.37% or 1.22 points. The heightened volatility saw the trading volume jump to 9,43,027 shares. Company has a market cap of $5,455 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 .

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.

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