Amundi Has $304,000 Stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Amundi boosted its stake in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 151.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,454 shares of the company’s stock after purchasing an additional 29,748 shares during the quarter. Amundi owned about 0.05% of The Hain Celestial Group worth $304,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its position in shares of The Hain Celestial Group by 8.7% in the third quarter. Thrivent Financial for Lutherans now owns 81,226 shares of the company’s stock valued at $701,000 after acquiring an additional 6,470 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its position in The Hain Celestial Group by 257.0% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 496,842 shares of the company’s stock worth $4,288,000 after purchasing an additional 357,669 shares during the period. Intech Investment Management LLC lifted its position in The Hain Celestial Group by 93.7% during the third quarter. Intech Investment Management LLC now owns 22,960 shares of the company’s stock worth $198,000 after purchasing an additional 11,109 shares during the period. Landscape Capital Management L.L.C. lifted its position in The Hain Celestial Group by 299.8% during the third quarter. Landscape Capital Management L.L.C. now owns 140,854 shares of the company’s stock worth $1,216,000 after purchasing an additional 105,622 shares during the period. Finally, Swedbank AB acquired a new position in The Hain Celestial Group during the third quarter worth about $216,000. 97.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HAIN. Mizuho lowered their price objective on The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating for the company in a research note on Tuesday, February 11th. Stifel Nicolaus reduced their target price on The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating on the stock in a report on Tuesday, February 11th. JPMorgan Chase & Co. reduced their target price on The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Friday, March 14th. Maxim Group cut their price target on The Hain Celestial Group from $15.00 to $10.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Finally, Barclays cut their price target on The Hain Celestial Group from $6.00 to $5.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $6.44.

The Hain Celestial Group Trading Up 4.5 %

NASDAQ HAIN opened at $3.91 on Friday. The firm has a market capitalization of $352.87 million, a P/E ratio of -2.02 and a beta of 0.83. The business has a fifty day simple moving average of $4.39 and a 200 day simple moving average of $6.63. The Hain Celestial Group, Inc. has a 12 month low of $3.28 and a 12 month high of $9.43. The company has a current ratio of 1.90, a quick ratio of 1.00 and a debt-to-equity ratio of 0.90.

The Hain Celestial Group (NASDAQ:HAIN) last released its quarterly earnings results on Monday, February 10th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The Hain Celestial Group had a negative net margin of 10.51% and a positive return on equity of 2.88%. On average, analysts predict that The Hain Celestial Group, Inc. will post 0.4 EPS for the current fiscal year.

About The Hain Celestial Group

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.