The Hain Celestial Group, Inc. (NASDAQ:HAIN) Shares Bought by Jane Street Group LLC

Jane Street Group LLC raised its position in The Hain Celestial Group, Inc. (NASDAQ:HAIN) by 66.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 290,009 shares of the company’s stock after acquiring an additional 115,559 shares during the quarter. Jane Street Group LLC’s holdings in The Hain Celestial Group were worth $1,784,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HAIN. Van ECK Associates Corp grew its position in The Hain Celestial Group by 49.0% in the 4th quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock valued at $66,000 after acquiring an additional 3,554 shares in the last quarter. Virtu Financial LLC acquired a new position in The Hain Celestial Group in the 4th quarter valued at about $73,000. Grace & White Inc. NY purchased a new position in shares of The Hain Celestial Group in the 4th quarter valued at about $86,000. Polymer Capital Management US LLC purchased a new position in shares of The Hain Celestial Group in the 4th quarter valued at about $90,000. Finally, Union Bancaire Privee UBP SA purchased a new position in shares of The Hain Celestial Group in the 4th quarter valued at about $97,000. 97.01% of the stock is owned by institutional investors and hedge funds.

The Hain Celestial Group Trading Up 9.4%

NASDAQ:HAIN opened at $1.97 on Friday. The firm has a market cap of $177.80 million, a P/E ratio of -1.02 and a beta of 1.05. The company has a current ratio of 1.90, a quick ratio of 1.00 and a debt-to-equity ratio of 0.90. The stock’s 50 day simple moving average is $3.18 and its 200-day simple moving average is $5.06. The Hain Celestial Group, Inc. has a 12-month low of $1.30 and a 12-month high of $9.43.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.07 earnings per share 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 business had revenue of $390.35 million for the quarter, compared to analyst estimates of $414.45 million. During the same period in the prior year, the company earned $0.13 EPS. The company’s revenue was down 10.9% on a year-over-year basis. Equities analysts anticipate that The Hain Celestial Group, Inc. will post 0.4 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Barclays decreased their price objective on The Hain Celestial Group from $4.00 to $2.00 and set an “equal weight” rating for the company in a research note on Monday, May 12th. CL King reiterated a “neutral” rating on shares of The Hain Celestial Group in a research note on Thursday, May 8th. Sanford C. Bernstein cut The Hain Celestial Group from an “outperform” rating to a “market perform” rating and set a $1.50 price objective for the company. in a research note on Thursday, May 8th. Mizuho decreased 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. Finally, JPMorgan Chase & Co. decreased their price objective on The Hain Celestial Group from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $4.39.

Insider Buying and Selling

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

About The Hain Celestial Group

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.