Btc Capital Management Lowers stake in Hain Celestial Group Inc (HAIN)

Hain Celestial Group Inc (HAIN) : Btc Capital Management reduced its stake in Hain Celestial Group Inc by 24.15% during the most recent quarter end. The investment management company now holds a total of 73,818 shares of Hain Celestial Group Inc which is valued at $3,817,129 after selling 23,497 shares in Hain Celestial Group Inc , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Hain Celestial Group Inc makes up approximately 0.80% of Btc Capital Management’s portfolio.

Other Hedge Funds, Including , Gilder Gagnon Howe Co reduced its stake in HAIN by selling 46 shares or 0.7% in the most recent quarter. The Hedge Fund company now holds 6,528 shares of HAIN which is valued at $337,563. Hain Celestial Group Inc makes up approx 0.01% of Gilder Gagnon Howe Co’s portfolio.Retirement Systems Of Alabama boosted its stake in HAIN in the latest quarter, The investment management firm added 60,000 additional shares and now holds a total of 451,044 shares of Hain Celestial Group Inc which is valued at $23,233,276. Hain Celestial Group Inc makes up approx 0.13% of Retirement Systems Of Alabama’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.Central Bank Trust Co reduced its stake in HAIN by selling 5,342 shares or 40.32% in the most recent quarter. The Hedge Fund company now holds 7,906 shares of HAIN which is valued at $407,475. Hain Celestial Group Inc makes up approx 0.11% of Central Bank Trust Co’s portfolio.

Hain Celestial Group Inc opened for trading at $51.7 and hit $52.25 on the upside on Thursday, eventually ending the session at $51.98, with a gain of 0.52% or 0.27 points. The heightened volatility saw the trading volume jump to 5,47,220 shares. Company has a market cap of $5,377 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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