Hain Celestial Group Inc (HAIN) : Monetta Financial Services Inc added new position in Hain Celestial Group Inc during the most recent quarter end. The investment management firm now holds 11,000 shares of Hain Celestial Group Inc which is valued at $608,850 , the company said in a statement filed on Aug 10, 2016 with the SEC.Hain Celestial Group Inc makes up approximately 0.37% of Monetta Financial Services Inc’s portfolio.
Other Hedge Funds, Including , Blackrock Institutional Trust Company N.a. boosted its stake in HAIN in the latest quarter, The investment management firm added 86,382 additional shares and now holds a total of 3,052,450 shares of Hain Celestial Group Inc which is valued at $168,953,108. Hain Celestial Group Inc makes up approx 0.03% of Blackrock Institutional Trust Company N.a.’s portfolio.Signaturefd reduced its stake in HAIN by selling 1,600 shares or 20.21% in the most recent quarter. The Hedge Fund company now holds 6,317 shares of HAIN which is valued at $333,474. Hain Celestial Group Inc makes up approx 0.05% of Signaturefd’s portfolio.Palouse Capital Management reduced its stake in HAIN by selling 183 shares or 2.86% in the most recent quarter. The Hedge Fund company now holds 6,226 shares of HAIN which is valued at $320,701. Hain Celestial Group Inc makes up approx 0.12% of Palouse Capital Management’s portfolio.Eagle Asset Management Inc reduced its stake in HAIN by selling 7,000 shares or 0.79% in the most recent quarter. The Hedge Fund company now holds 875,648 shares of HAIN which is valued at $45,489,914. Hain Celestial Group Inc makes up approx 0.30% of Eagle Asset Management Inc’s portfolio.Davis R M Inc boosted its stake in HAIN in the latest quarter, The investment management firm added 5,874 additional shares and now holds a total of 601,888 shares of Hain Celestial Group Inc which is valued at $31,280,119. Hain Celestial Group Inc makes up approx 1.50% of Davis R M Inc’s portfolio.
Hain Celestial Group Inc opened for trading at $38.5 and hit $39.02 on the upside on Friday, eventually ending the session at $38.9, with a gain of 1.54% or 0.59 points. The heightened volatility saw the trading volume jump to 40,78,763 shares. Company has a market cap of $4,024 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. Shares were Downgraded by Piper Jaffray on Aug 16, 2016 to ” Underweight” and Lowered the Price Target to $ 35 from a previous price target of $43 .Shares were Downgraded by Wedbush on Aug 16, 2016 to ” Neutral” and Lowered the Price Target to $ 37 from a previous price target of $51 .Hain Celestial Group Inc was Downgraded by Atlantic Equities to ” Underweight” on Aug 16, 2016.
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.