Inceptionr LLC Acquires Shares of 27,115 The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Inceptionr LLC acquired a new stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,115 shares of the company’s stock, valued at approximately $167,000.

Other institutional investors have also modified their holdings of the company. Barclays PLC raised its stake in shares of The Hain Celestial Group by 124.6% in the 3rd quarter. Barclays PLC now owns 182,609 shares of the company’s stock valued at $1,576,000 after purchasing an additional 101,290 shares in the last quarter. Rice Hall James & Associates LLC acquired a new stake in shares of The Hain Celestial Group in the 4th quarter valued at about $2,652,000. Quest Partners LLC raised its stake in shares of The Hain Celestial Group by 387.1% in the 3rd quarter. Quest Partners LLC now owns 212,655 shares of the company’s stock valued at $1,835,000 after purchasing an additional 168,996 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of The Hain Celestial Group by 6.8% in the 3rd quarter. Geode Capital Management LLC now owns 2,229,181 shares of the company’s stock valued at $19,241,000 after purchasing an additional 142,097 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its stake in shares of The Hain Celestial Group by 54.9% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,224,590 shares of the company’s stock valued at $10,568,000 after purchasing an additional 434,070 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Evercore ISI cut their target price on shares of The Hain Celestial Group from $9.00 to $6.00 and set an “in-line” rating on the stock in a research note on Wednesday, February 12th. Mizuho dropped their price objective on shares of The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating on the stock in a research note on Tuesday, February 11th. Stifel Nicolaus dropped their price objective on shares of The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating on the stock in a research note on Tuesday, February 11th. DA Davidson dropped their price objective on shares of The Hain Celestial Group from $9.00 to $8.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 12th. Finally, Barclays dropped their price objective on shares of The Hain Celestial Group from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 11th. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $6.56.

The Hain Celestial Group Price Performance

Shares of NASDAQ:HAIN opened at $4.49 on Tuesday. The firm’s 50 day moving average is $4.72 and its two-hundred day moving average is $6.85. The Hain Celestial Group, Inc. has a 52 week low of $3.28 and a 52 week high of $9.57. The firm has a market capitalization of $405.21 million, a P/E ratio of -2.31 and a beta of 0.83. 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 announced its quarterly earnings results on Monday, February 10th. The company reported $0.08 EPS for the quarter, missing the consensus estimate 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%. Analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current 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.