US Bancorp DE Sells 9,599 Shares of Hain Celestial Group Inc (NASDAQ:HAIN)

US Bancorp DE cut its holdings in Hain Celestial Group Inc (NASDAQ:HAIN) by 29.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,499 shares of the company’s stock after selling 9,599 shares during the quarter. US Bancorp DE’s holdings in Hain Celestial Group were worth $520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of HAIN. Carroll Financial Associates Inc. lifted its holdings in shares of Hain Celestial Group by 640.0% during the first quarter. Carroll Financial Associates Inc. now owns 1,184 shares of the company’s stock valued at $27,000 after purchasing an additional 1,024 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Hain Celestial Group by 1,005.0% during the fourth quarter. Parallel Advisors LLC now owns 2,000 shares of the company’s stock valued at $31,000 after purchasing an additional 1,819 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of Hain Celestial Group by 1,486.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 558,335 shares of the company’s stock valued at $35,000 after purchasing an additional 523,131 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of Hain Celestial Group during the fourth quarter valued at approximately $44,000. Finally, NumerixS Investment Technologies Inc purchased a new position in shares of Hain Celestial Group during the fourth quarter valued at approximately $54,000. 96.43% of the stock is currently owned by institutional investors.

In other Hain Celestial Group news, Director Glenn W. Welling acquired 908,118 shares of the stock in a transaction dated Tuesday, May 14th. The shares were acquired at an average cost of $23.49 per share, for a total transaction of $21,331,691.82. Following the completion of the transaction, the director now directly owns 21,577 shares of the company’s stock, valued at $506,843.73. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Engaged Capital Co-Invest Vi-D acquired 2,083,081 shares of the stock in a transaction dated Wednesday, May 15th. The stock was acquired at an average price of $23.61 per share, for a total transaction of $49,181,542.41. Following the completion of the transaction, the insider now directly owns 21,577 shares of the company’s stock, valued at $509,432.97. The disclosure for this purchase can be found here. Insiders have purchased 6,871,608 shares of company stock valued at $161,995,807 over the last 90 days. 13.50% of the stock is currently owned by company insiders.

Several equities analysts have recently issued reports on the stock. ValuEngine upgraded shares of Hain Celestial Group from a “strong sell” rating to a “sell” rating in a report on Thursday, February 28th. Sanford C. Bernstein lowered shares of Hain Celestial Group from an “outperform” rating to a “market perform” rating and set a $22.00 target price for the company. in a report on Friday, March 1st. Zacks Investment Research upgraded shares of Hain Celestial Group from a “sell” rating to a “hold” rating in a report on Wednesday, April 10th. Buckingham Research set a $23.00 target price on shares of Hain Celestial Group and gave the company a “hold” rating in a report on Friday, May 10th. Finally, TheStreet lowered shares of Hain Celestial Group from a “c-” rating to a “d” rating in a report on Thursday, February 14th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $23.75.

Shares of NASDAQ HAIN opened at $20.98 on Thursday. Hain Celestial Group Inc has a twelve month low of $14.45 and a twelve month high of $31.53. The company has a market capitalization of $2.20 billion, a P/E ratio of 18.09, a PEG ratio of 16.06 and a beta of 1.36. The company has a quick ratio of 1.22, a current ratio of 2.16 and a debt-to-equity ratio of 0.47.

Hain Celestial Group (NASDAQ:HAIN) last posted its earnings results on Thursday, May 9th. The company reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. Hain Celestial Group had a positive return on equity of 4.51% and a negative net margin of 10.14%. The company had revenue of $599.80 million for the quarter, compared to the consensus estimate of $597.75 million. During the same quarter in the prior year, the company earned $0.37 earnings per share. Hain Celestial Group’s revenue was down 5.2% on a year-over-year basis. Sell-side analysts expect that Hain Celestial Group Inc will post 0.66 earnings per share for the current fiscal year.

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Hain Celestial Group Company Profile

The Hain Celestial Group, Inc manufactures, markets, distributes, and sells organic and natural products. The company operates in seven segments: the United States, United Kingdom, Tilda, Ella's Kitchen UK, Canada, Europe, and Cultivate. It offers infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; plant-based beverages and frozen desserts, such as soy, rice, oat, almond, and coconut; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, and cereal bars; canned, chilled fresh, aseptic, and instant soups; yogurts; chilies; chocolates; and nut butters.

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

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