Teza Capital Management LLC Sells 36,158 Shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Teza Capital Management LLC reduced its stake in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 44.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 46,075 shares of the company’s stock after selling 36,158 shares during the quarter. Teza Capital Management LLC’s holdings in The Hain Celestial Group were worth $283,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Raiffeisen Bank International AG bought a new stake in The Hain Celestial Group during the fourth quarter valued at about $12,619,000. ProShare Advisors LLC grew its stake in shares of The Hain Celestial Group by 44.5% during the 4th quarter. ProShare Advisors LLC now owns 27,039 shares of the company’s stock valued at $166,000 after acquiring an additional 8,322 shares during the period. Quantinno Capital Management LP grew its stake in shares of The Hain Celestial Group by 51.1% during the 4th quarter. Quantinno Capital Management LP now owns 18,949 shares of the company’s stock valued at $117,000 after acquiring an additional 6,407 shares during the period. Nia Impact Advisors LLC increased its holdings in The Hain Celestial Group by 122.8% in the 4th quarter. Nia Impact Advisors LLC now owns 197,940 shares of the company’s stock worth $1,217,000 after acquiring an additional 109,091 shares in the last quarter. Finally, Ensign Peak Advisors Inc raised its stake in The Hain Celestial Group by 8.5% during the 4th quarter. Ensign Peak Advisors Inc now owns 59,208 shares of the company’s stock worth $364,000 after acquiring an additional 4,650 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HAIN has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. Sanford C. Bernstein downgraded shares of The Hain Celestial Group from an “outperform” rating to a “market perform” rating and set a $1.50 target price for the company. in a report on Thursday, May 8th. Maxim Group cut their price target on The Hain Celestial Group from $10.00 to $5.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. CL King restated a “neutral” rating on shares of The Hain Celestial Group in a research report on Thursday, May 8th. Finally, Mizuho dropped their price objective on The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating for the company in a research note on Tuesday, February 11th. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $4.39.

Insiders Place Their Bets

In other The Hain Celestial Group news, Director Dawn M. Zier acquired 200,000 shares of the company’s stock in a transaction on Friday, May 9th. The stock was acquired at an average cost of $1.60 per share, with a total value of $320,000.00. Following the purchase, the director now directly owns 288,229 shares of the company’s stock, valued at approximately $461,166.40. This represents a 226.68% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Celeste A. Clark bought 83,000 shares of The Hain Celestial Group stock in a transaction dated Tuesday, May 13th. The stock was acquired at an average price of $1.79 per share, for a total transaction of $148,570.00. Following the completion of the acquisition, the director now owns 83,000 shares in the company, valued at approximately $148,570. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 286,200 shares of company stock valued at $481,498 in the last quarter. 0.83% of the stock is currently owned by insiders.

The Hain Celestial Group Stock Up 1.0%

Shares of HAIN stock opened at $2.09 on Wednesday. The company’s fifty day simple moving average is $3.10 and its two-hundred day simple moving average is $4.97. The Hain Celestial Group, Inc. has a 52 week low of $1.30 and a 52 week high of $9.43. The stock has a market cap of $188.63 million, a P/E ratio of -1.08 and a beta of 1.05. The company has a quick ratio of 1.00, a current ratio of 1.90 and a debt-to-equity ratio of 0.90.

The Hain Celestial Group (NASDAQ:HAIN) last posted its earnings results on Wednesday, May 7th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.05). The Hain Celestial Group had a positive return on equity of 2.88% and a negative net margin of 10.51%. The firm had revenue of $390.35 million during the quarter, compared to analysts’ expectations of $414.45 million. During the same quarter in the prior year, the firm posted $0.13 earnings per share. The Hain Celestial Group’s quarterly revenue was down 10.9% on a year-over-year basis. Analysts predict that The Hain Celestial Group, Inc. will post 0.4 EPS for the current fiscal year.

The Hain Celestial Group Profile

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.