The Hain Celestial Group, Inc. (NASDAQ:HAIN) Holdings Boosted by Caxton Associates LP

Caxton Associates LP boosted its holdings in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 41.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,881 shares of the company’s stock after acquiring an additional 27,335 shares during the period. Caxton Associates LP owned about 0.10% of The Hain Celestial Group worth $642,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC lifted its holdings in The Hain Celestial Group by 125.9% in the second quarter. Signaturefd LLC now owns 3,994 shares of the company’s stock worth $28,000 after acquiring an additional 2,226 shares during the last quarter. nVerses Capital LLC lifted its holdings in The Hain Celestial Group by 161.1% in the second quarter. nVerses Capital LLC now owns 4,700 shares of the company’s stock worth $32,000 after acquiring an additional 2,900 shares during the last quarter. CWM LLC lifted its holdings in The Hain Celestial Group by 357.8% in the second quarter. CWM LLC now owns 8,822 shares of the company’s stock worth $61,000 after acquiring an additional 6,895 shares during the last quarter. Choreo LLC acquired a new stake in shares of The Hain Celestial Group in the second quarter valued at approximately $71,000. Finally, Evergreen Capital Management LLC acquired a new stake in shares of The Hain Celestial Group in the second quarter valued at approximately $72,000. Institutional investors own 97.01% of the company’s stock.

The Hain Celestial Group Price Performance

NASDAQ HAIN opened at $8.26 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.98 and a quick ratio of 1.01. The firm has a market capitalization of $742.11 million, a PE ratio of -8.10 and a beta of 0.75. The Hain Celestial Group, Inc. has a 12 month low of $5.68 and a 12 month high of $12.49. The company’s 50 day simple moving average is $7.54 and its 200 day simple moving average is $7.29.

The Hain Celestial Group (NASDAQ:HAIN) last posted its quarterly earnings results on Tuesday, August 27th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.05. The firm had revenue of $419.00 million for the quarter, compared to analyst estimates of $417.99 million. The Hain Celestial Group had a negative net margin of 4.32% and a positive return on equity of 3.10%. The firm’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 earnings per share. As a group, equities research analysts forecast that The Hain Celestial Group, Inc. will post 0.49 EPS for the current fiscal year.

Analyst Ratings Changes

HAIN has been the topic of several analyst reports. Stifel Nicolaus raised their price target on shares of The Hain Celestial Group from $8.00 to $9.00 and gave the company a “hold” rating in a research note on Wednesday, August 28th. DA Davidson restated a “neutral” rating and issued a $8.00 price target on shares of The Hain Celestial Group in a research note on Wednesday, August 28th. Piper Sandler restated a “neutral” rating and issued a $8.00 price target on shares of The Hain Celestial Group in a research note on Thursday, September 19th. Finally, Barclays raised their price objective on shares of The Hain Celestial Group from $7.00 to $9.00 and gave the company an “equal weight” rating in a research note on Thursday, August 29th. Seven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, The Hain Celestial Group currently has a consensus rating of “Hold” and an average price target of $10.88.

Insiders Place Their Bets

In other The Hain Celestial Group news, insider Chad D. Marquardt purchased 5,300 shares of the firm’s stock in a transaction on Wednesday, September 4th. The shares were purchased at an average price of $8.32 per share, for a total transaction of $44,096.00. Following the completion of the transaction, the insider now owns 15,300 shares in the company, valued at approximately $127,296. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by company insiders.

The Hain Celestial Group Company 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.