Wellington Shields Capital Management LLC Has $470,000 Position in Hain Celestial Group Inc (HAIN)

Wellington Shields Capital Management LLC trimmed its stake in shares of Hain Celestial Group Inc (NASDAQ:HAIN) by 11.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,080 shares of the company’s stock after selling 1,500 shares during the period. Wellington Shields Capital Management LLC’s holdings in Hain Celestial Group were worth $470,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of HAIN. Calton & Associates Inc. purchased a new position in Hain Celestial Group during the fourth quarter worth approximately $110,000. Saratoga Research & Investment Management purchased a new position in Hain Celestial Group during the third quarter worth approximately $124,000. Stuart Chaussee & Associates Inc. purchased a new position in Hain Celestial Group during the fourth quarter worth approximately $127,000. First National Trust Co. purchased a new position in Hain Celestial Group during the third quarter worth approximately $201,000. Finally, Oakbrook Investments LLC purchased a new position in Hain Celestial Group during the third quarter worth approximately $202,000. Institutional investors own 90.22% of the company’s stock.

A number of brokerages have issued reports on HAIN. BMO Capital Markets lowered their price target on Hain Celestial Group from $44.00 to $39.00 and set a “market perform” rating on the stock in a research report on Thursday. Jefferies Group reiterated a “buy” rating and set a $52.00 price target on shares of Hain Celestial Group in a research report on Wednesday. Susquehanna Bancshares set a $43.00 price target on Hain Celestial Group and gave the stock a “hold” rating in a research report on Monday. Zacks Investment Research upgraded Hain Celestial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. Finally, BidaskClub downgraded Hain Celestial Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, January 13th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $40.90.

Hain Celestial Group Inc (NASDAQ HAIN) opened at $34.35 on Friday. The firm has a market capitalization of $3,590.00, a P/E ratio of 36.54, a PEG ratio of 1.49 and a beta of 1.09. Hain Celestial Group Inc has a 1 year low of $31.01 and a 1 year high of $45.61. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.44 and a quick ratio of 1.22.

Hain Celestial Group (NASDAQ:HAIN) last released its earnings results on Wednesday, February 7th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.01). The firm had revenue of $775.20 million during the quarter, compared to analysts’ expectations of $774.50 million. Hain Celestial Group had a net margin of 3.38% and a return on equity of 8.35%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.32 EPS. sell-side analysts expect that Hain Celestial Group Inc will post 1.66 EPS for the current year.

WARNING: “Wellington Shields Capital Management LLC Has $470,000 Position in Hain Celestial Group Inc (HAIN)” was originally posted by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another domain, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this article can be accessed at https://www.com-unik.info/2018/02/09/wellington-shields-capital-management-llc-has-470000-position-in-hain-celestial-group-inc-hain.html.

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 Hain Celestial Group Inc (NASDAQ:HAIN).

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

Receive News & Ratings for Hain Celestial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hain Celestial Group and related companies with MarketBeat.com's FREE daily email newsletter.

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