Janus Henderson Group PLC Invests $360,000 in The Hain Celestial Group, Inc. (HAIN) Stock

Janus Henderson Group PLC acquired a new position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,274 shares of the company’s stock, valued at approximately $360,000.

Other institutional investors have also recently made changes to their positions in the company. SLS Management LLC grew its stake in The Hain Celestial Group by 137.1% during the second quarter. SLS Management LLC now owns 140,420 shares of the company’s stock worth $5,451,000 after buying an additional 81,200 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in The Hain Celestial Group by 5.6% during the first quarter. Schwab Charles Investment Management Inc. now owns 353,169 shares of the company’s stock worth $13,138,000 after buying an additional 18,603 shares in the last quarter. Bluestein R H & Co. grew its stake in The Hain Celestial Group by 142.9% during the second quarter. Bluestein R H & Co. now owns 17,000 shares of the company’s stock worth $660,000 after buying an additional 10,000 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in The Hain Celestial Group during the second quarter worth about $3,872,000. Finally, Vanguard Group Inc. grew its stake in The Hain Celestial Group by 1.3% during the second quarter. Vanguard Group Inc. now owns 8,339,036 shares of the company’s stock worth $323,722,000 after buying an additional 104,034 shares in the last quarter. Hedge funds and other institutional investors own 91.22% of the company’s stock.

Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) opened at 35.60 on Tuesday. The company has a market cap of $3.69 billion, a price-to-earnings ratio of 54.77 and a beta of 1.28. The Hain Celestial Group, Inc. has a 1-year low of $31.01 and a 1-year high of $45.61. The stock has a 50 day moving average of $40.08 and a 200 day moving average of $38.99.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Tuesday, August 29th. The company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.03. The Hain Celestial Group had a return on equity of 7.65% and a net margin of 2.36%. The company had revenue of $725.10 million during the quarter, compared to analyst estimates of $720.70 million. During the same quarter last year, the firm posted $0.43 earnings per share. The firm’s revenue was down 1.7% on a year-over-year basis. Analysts predict that The Hain Celestial Group, Inc. will post $1.66 EPS for the current year.

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A number of equities research analysts have issued reports on HAIN shares. Vetr downgraded shares of 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 note on Monday, July 3rd. Citigroup Inc. restated a “buy” rating and issued a $46.00 price target (down from $62.00) on shares of The Hain Celestial Group in a research note on Monday, July 10th. Maxim Group upgraded shares of The Hain Celestial Group from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Thursday, July 13th. Susquehanna Bancshares Inc set a $46.00 price target on shares of The Hain Celestial Group and gave the company a “buy” rating in a research note on Tuesday, July 18th. Finally, Loop Capital initiated coverage on shares of The Hain Celestial Group in a research note on Monday, July 31st. They issued a “hold” rating and a $46.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $42.13.

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.

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

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