What’s Propelling Hain Celestial Group Incorporated (NASDAQ:HAIN) After Higher Shorts Reported?

January 20, 2018 - By Linda Rogers

 What’s Propelling Hain Celestial Group Incorporated (NASDAQ:HAIN) After Higher Shorts Reported?

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.09, from 0.96 in 2017Q2. It worsened, as 54 investors sold The Hain Celestial Group, Inc. shares while 103 reduced holdings. 54 funds opened positions while 83 raised stakes. 90.96 million shares or 1.02% less from 91.90 million shares in 2017Q2 were reported.
Highvista Strategies Ltd reported 0.22% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Illinois-based Envestnet Asset Mgmt Inc has invested 0% in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Northwestern Mutual Wealth Mgmt owns 696 shares or 0% of their US portfolio. Fincl Bank Of Montreal Can stated it has 0% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Sandy Spring Fincl Bank holds 0.01% in The Hain Celestial Group, Inc. (NASDAQ:HAIN) or 1,470 shares. Victory accumulated 0% or 361 shares. Korea Inv Corporation, a Korea-based fund reported 72,000 shares. Proshare Advsr Ltd holds 0% in The Hain Celestial Group, Inc. (NASDAQ:HAIN) or 7,058 shares. Mercer Advisers accumulated 1,850 shares. Whittier Trust reported 2,400 shares. Fruth Investment Management owns 5,100 shares for 0.1% of their portfolio. Pennsylvania invested in 0.1% or 48,517 shares. Fifth Third Retail Bank accumulated 0% or 315 shares. 29,675 are held by Griffin Asset Mgmt. Princeton Strategies Limited Company invested 0.66% in The Hain Celestial Group, Inc. (NASDAQ:HAIN).

The stock of Hain Celestial Group Incorporated (NASDAQ:HAIN) registered an increase of 13.48% in short interest. HAIN’s total short interest was 8.32 million shares in January as published by FINRA. Its up 13.48% from 7.33M shares, reported previously. With 2.98M shares average volume, it will take short sellers 3 days to cover their HAIN’s short positions. The short interest to Hain Celestial Group Incorporated’s float is 8.24%.

The stock decreased 0.28% or $0.11 during the last trading session, reaching $39.36. About 831,223 shares traded. The Hain Celestial Group, Inc. (NASDAQ:HAIN) has declined 22.27% since January 20, 2017 and is downtrending. It has underperformed by 38.97% the S&P500.

The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and natural products. The company has market cap of $4.09 billion. The Company’s grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain products; 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; Greek-style yogurts; chilies and packaged grains; chocolates; and nut butters, as well as plant beverages and frozen desserts, such as soy, rice, oat, almond, and coconut. It has a 51.86 P/E ratio. The companyÂ’s grocery products also comprise juices, hot-eating products, chilled and frozen desserts, cookies, crackers, frozen fruits and vegetables, pre-cut fresh fruits, refrigerated and frozen plant meat-alternative products, tofu, seitan and tempeh products, jams, fruit spreads, jellies, honey, marmalade products, and other food products.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) Ratings Coverage

Among 30 analysts covering Hain Celestial Group (NASDAQ:HAIN), 11 have Buy rating, 2 Sell and 17 Hold. Therefore 37% are positive. Hain Celestial Group had 89 analyst reports since July 24, 2015 according to SRatingsIntel. Susquehanna maintained the shares of HAIN in report on Tuesday, August 22 with “Hold” rating. The firm has “Equal-Weight” rating by Barclays Capital given on Tuesday, August 16. The firm earned “Outperform” rating on Wednesday, January 13 by Wedbush. Maxim Group maintained The Hain Celestial Group, Inc. (NASDAQ:HAIN) on Thursday, June 22 with “Hold” rating. The firm has “Buy” rating by Wunderlich given on Thursday, January 14. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, January 15. On Wednesday, July 19 the stock rating was maintained by Jefferies with “Buy”. The company was maintained on Tuesday, August 16 by Jefferies. The firm earned “Hold” rating on Tuesday, August 16 by Maxim Group. On Friday, November 18 the stock rating was upgraded by Atlantic Securities to “Neutral”.

More recent The Hain Celestial Group, Inc. (NASDAQ:HAIN) news were published by: Nasdaq.com which released: “Hain Celestial Up 9.2% in 6 Months: Can the Rally Continue?” on December 29, 2017. Also Nypost.com published the news titled: “Hain Celestial’s brand overload behind grim sale prospects” on January 05, 2018. Benzinga.com‘s news article titled: “Jim Cramer Shares His Thoughts On Hain Celestial, Becton Dickinson And …” with publication date: January 03, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.