Hain Celestial Group Inc (NASDAQ:HAIN) insider Engaged Capital Co-Invest Vi-D bought 667,198 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The stock was acquired at an average cost of $23.33 per share, with a total value of $15,565,729.34. Following the completion of the acquisition, the insider now owns 21,577 shares of the company’s stock, valued at approximately $503,391.41. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Engaged Capital Co-Invest Vi-D also recently made the following trade(s):

  • On Wednesday, May 15th, Engaged Capital Co-Invest Vi-D bought 2,083,081 shares of Hain Celestial Group stock. The stock was acquired at an average cost of $23.61 per share, with a total value of $49,181,542.41.
  • On Thursday, March 7th, Engaged Capital Co-Invest Vi-D bought 1,800,000 shares of Hain Celestial Group stock. The stock was acquired at an average cost of $21.30 per share, with a total value of $38,340,000.00.
  • On Tuesday, March 5th, Engaged Capital Co-Invest Vi-D bought 951,932 shares of Hain Celestial Group stock. The stock was acquired at an average cost of $19.97 per share, with a total value of $19,010,082.04.

NASDAQ HAIN traded down $0.30 on Thursday, hitting $24.18. 47,434 shares of the stock were exchanged, compared to its average volume of 1,835,467. The company has a quick ratio of 1.22, a current ratio of 2.16 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 5.99 and a beta of 1.42. Hain Celestial Group Inc has a 52-week low of $14.45 and a 52-week high of $31.53.

Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The company had revenue of $599.80 million during the quarter, compared to analyst estimates of $597.75 million. Hain Celestial Group had a negative net margin of 10.14% and a positive return on equity of 4.51%. Hain Celestial Group’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 earnings per share. Equities research analysts anticipate that Hain Celestial Group Inc will post 0.66 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Neuberger Berman Group LLC boosted its stake in shares of Hain Celestial Group by 5.6% in the 3rd quarter. Neuberger Berman Group LLC now owns 5,378,757 shares of the company’s stock valued at $145,867,000 after purchasing an additional 283,888 shares in the last quarter. Cerebellum GP LLC bought a new stake in Hain Celestial Group during the 4th quarter valued at $26,000. Virtu Financial LLC raised its holdings in Hain Celestial Group by 43.8% during the 4th quarter. Virtu Financial LLC now owns 11,879 shares of the company’s stock valued at $188,000 after buying an additional 3,616 shares during the last quarter. First Midwest Bank Trust Division bought a new stake in Hain Celestial Group during the 4th quarter valued at $657,000. Finally, Mercer Capital Advisers Inc. raised its holdings in Hain Celestial Group by 19.9% during the 4th quarter. Mercer Capital Advisers Inc. now owns 9,175 shares of the company’s stock valued at $146,000 after buying an additional 1,525 shares during the last quarter. 95.13% of the stock is owned by institutional investors.

HAIN has been the subject of a number of recent research reports. Maxim Group reissued a “buy” rating and issued a $25.00 target price (down from $36.00) on shares of Hain Celestial Group in a report on Friday, February 8th. Jefferies Financial Group reissued a “buy” rating and issued a $35.00 target price on shares of Hain Celestial Group in a report on Thursday, February 28th. Citigroup raised their target price on shares of Hain Celestial Group from $21.00 to $25.50 and gave the company a “buy” rating in a report on Monday, April 15th. TheStreet lowered shares of Hain Celestial Group from a “c-” rating to a “d” rating in a report on Thursday, February 14th. Finally, Piper Jaffray Companies set a $17.00 target price on shares of Hain Celestial Group and gave the company a “hold” rating in a report on Friday, February 8th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the stock. Hain Celestial Group presently has an average rating of “Hold” and a consensus target price of $24.54.

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About Hain Celestial Group

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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