The Hain Celestial Group, Inc. (NASDAQ:HAIN) Position Held by Delta Asset Management LLC TN

Delta Asset Management LLC TN held its stake in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,500 shares of the company’s stock at the end of the second quarter. Delta Asset Management LLC TN’s holdings in The Hain Celestial Group were worth $136,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. IFP Advisors Inc increased its stake in shares of The Hain Celestial Group by 50.6% in the first quarter. IFP Advisors Inc now owns 3,209 shares of the company’s stock worth $119,000 after buying an additional 1,078 shares during the last quarter. Invictus RG bought a new stake in shares of The Hain Celestial Group during the first quarter worth $174,000. Creative Planning increased its stake in shares of The Hain Celestial Group by 14.0% in the first quarter. Creative Planning now owns 4,852 shares of the company’s stock worth $180,000 after buying an additional 597 shares during the last quarter. FormulaFolio Investments LLC bought a new stake in shares of The Hain Celestial Group during the first quarter worth $200,000. Finally, Tudor Investment Corp ET AL bought a new stake in shares of The Hain Celestial Group during the first quarter worth $201,000. 86.70% of the stock is currently owned by institutional investors.

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) traded up 0.80% on Wednesday, hitting $44.15. The stock had a trading volume of 175,147 shares. The firm’s 50-day moving average price is $37.03 and its 200 day moving average price is $37.15. The firm’s market cap is $4.58 billion. The Hain Celestial Group, Inc. has a 52-week low of $31.01 and a 52-week high of $56.99.

The Hain Celestial Group (NASDAQ:HAIN) last announced its earnings results on Thursday, June 22nd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by $0.19. The firm had revenue of $706.56 million during the quarter, compared to analyst estimates of $721 million. The Hain Celestial Group had a negative net margin of 0.75% and a negative return on equity of 1.09%. On average, equities research analysts predict that The Hain Celestial Group, Inc. will post $1.20 EPS for the current year.

The Hain Celestial Group announced that its board has approved a stock buyback plan on Thursday, June 22nd that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

TRADEMARK VIOLATION NOTICE: “The Hain Celestial Group, Inc. (NASDAQ:HAIN) Position Held by Delta Asset Management LLC TN” was published by Community Financial News and is the property of of Community Financial News. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at https://www.com-unik.info/2017/07/26/the-hain-celestial-group-inc-nasdaqhain-position-held-by-delta-asset-management-llc-tn.html.

A number of brokerages recently weighed in on HAIN. Susquehanna Bancshares Inc set a $45.00 price objective on The Hain Celestial Group and gave the company a “buy” rating in a research report on Saturday, May 13th. UBS AG reaffirmed a “sell” rating and set a $31.00 price objective (down previously from $33.00) on shares of The Hain Celestial Group in a research report on Sunday, June 25th. Wells Fargo & Company set a $42.00 price objective on The Hain Celestial Group and gave the company a “hold” rating in a research report on Saturday, July 1st. Vetr downgraded The Hain Celestial Group from a “buy” rating to a “hold” rating and set a $39.79 price objective on the stock. in a research report on Monday, July 10th. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $46.00 price objective (down previously from $62.00) on shares of The Hain Celestial Group in a research report on Monday, July 10th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $41.21.

The Hain Celestial Group Company Profile

The Hain Celestial Group, Inc is an organic and natural products company. The Company and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s segments include United States, United Kingdom, Hain Pure Protein and Rest of World.

Want to see what other hedge funds are holding HAIN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Hain Celestial Group, Inc. (NASDAQ:HAIN).

Institutional Ownership by Quarter for The Hain Celestial Group (NASDAQ:HAIN)

What are top analysts saying about The Hain Celestial Group Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for The Hain Celestial Group Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit