Webster Bank N. A. Exits Position in Hain Celestial Group Inc (HAIN)

Hain Celestial Group Inc (HAIN) : Webster Bank N. A. has sold out all of its stake in Hain Celestial Group Inc during the most recent quarter, according to the disclosure filed by the company on Oct 14, 2016 with the SEC. The investment management company has sold out 6,276 shares of Hain Celestial Group Inc which is valued at $220,350.

Other Hedge Funds, Including , Pennsylvania Trust Co sold out all of its stake in HAIN during the most recent quarter. The investment firm sold 7,015 shares of HAIN which is valued $246,297. Fruth Investment Management sold out all of its stake in HAIN during the most recent quarter. The investment firm sold 5,300 shares of HAIN which is valued $187,779. Nisa Investment Advisors sold out all of its stake in HAIN during the most recent quarter. The investment firm sold 5,000 shares of HAIN which is valued $177,150.First Mercantile Trust Co reduced its stake in HAIN by selling 750 shares or 2.55% in the most recent quarter. The Hedge Fund company now holds 28,650 shares of HAIN which is valued at $1,003,610. Hain Celestial Group Inc makes up approx 0.13% of First Mercantile Trust Co’s portfolio. Burns J W Co Incny sold out all of its stake in HAIN during the most recent quarter. The investment firm sold 28,580 shares of HAIN which is valued $1,012,875.

Hain Celestial Group Inc closed down -0.21 points or -0.59% at $35.11 with 10,14,744 shares getting traded on Friday. Post opening the session at $35.44, the shares hit an intraday low of $35.09 and an intraday high of $35.5705 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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.

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