Virtu Financial LLC Buys Shares of 11,932 The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Virtu Financial LLC purchased a new position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 11,932 shares of the company’s stock, valued at approximately $73,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Illinois Municipal Retirement Fund grew its position in The Hain Celestial Group by 4.4% in the 4th quarter. Illinois Municipal Retirement Fund now owns 49,113 shares of the company’s stock valued at $302,000 after buying an additional 2,091 shares in the last quarter. FMR LLC lifted its stake in shares of The Hain Celestial Group by 14.9% in the 3rd quarter. FMR LLC now owns 17,580 shares of the company’s stock worth $152,000 after acquiring an additional 2,280 shares during the period. Franklin Resources Inc. boosted its holdings in shares of The Hain Celestial Group by 5.7% in the third quarter. Franklin Resources Inc. now owns 52,507 shares of the company’s stock valued at $445,000 after acquiring an additional 2,814 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. increased its stake in shares of The Hain Celestial Group by 225.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company’s stock valued at $43,000 after acquiring an additional 3,432 shares during the period. Finally, Van ECK Associates Corp raised its holdings in The Hain Celestial Group by 49.0% during the fourth quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock worth $66,000 after purchasing an additional 3,554 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Price Performance

HAIN opened at $4.15 on Tuesday. The firm has a market capitalization of $374.53 million, a P/E ratio of -2.14 and a beta of 0.83. The stock has a fifty day moving average of $4.30 and a 200-day moving average of $6.42. The company has a quick ratio of 1.00, a current ratio of 1.90 and a debt-to-equity ratio of 0.90. The Hain Celestial Group, Inc. has a 12-month low of $3.28 and a 12-month high of $9.43.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings data on Monday, February 10th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.04). The Hain Celestial Group had a positive return on equity of 2.88% and a negative net margin of 10.51%. Equities analysts forecast that The Hain Celestial Group, Inc. will post 0.4 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HAIN shares. Stifel Nicolaus lowered their price target on The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating on the stock in a research report on Tuesday, February 11th. Piper Sandler lowered their target price on The Hain Celestial Group from $8.00 to $7.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Evercore ISI cut their price target on shares of The Hain Celestial Group from $9.00 to $6.00 and set an “in-line” rating for the company in a report on Wednesday, February 12th. JPMorgan Chase & Co. lowered their price objective on shares of The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Friday, March 14th. Finally, Maxim Group cut their target price on shares of The Hain Celestial Group from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $6.44.

The Hain Celestial Group Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.