New Harbor Financial Group Exits Position in Hain Celestial Group Inc (HAIN)

Hain Celestial Group Inc (HAIN) : New Harbor Financial Group has sold out all of its stake in Hain Celestial Group Inc during the most recent quarter, according to the disclosure filed by the company on Jul 19, 2016 with the SEC. The investment management company has sold out 11,760 shares of Hain Celestial Group Inc which is valued at $610,932.

Other Hedge Funds, Including , Telemus Capital boosted its stake in HAIN in the latest quarter, The investment management firm added 317 additional shares and now holds a total of 21,687 shares of Hain Celestial Group Inc which is valued at $1,126,640. Hain Celestial Group Inc makes up approx 0.13% of Telemus Capital’s portfolio.Wendell David Associates Inc reduced its stake in HAIN by selling 6,975 shares or 17.7% in the most recent quarter. The Hedge Fund company now holds 32,430 shares of HAIN which is valued at $1,684,739. Hain Celestial Group Inc makes up approx 0.32% of Wendell David Associates Inc’s portfolio.Handelsbanken Fonder Ab boosted its stake in HAIN in the latest quarter, The investment management firm added 40,000 additional shares and now holds a total of 190,000 shares of Hain Celestial Group Inc which is valued at $9,874,300. Hain Celestial Group Inc makes up approx 0.39% of Handelsbanken Fonder Ab’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in HAIN in the latest quarter, The investment management firm added 405,057 additional shares and now holds a total of 408,457 shares of Hain Celestial Group Inc which is valued at $21,051,874. Hain Celestial Group Inc makes up approx 0.19% of Nn Investment Partners Holdings N.v.’s portfolio.Mazama Capital Management Inc boosted its stake in HAIN in the latest quarter, The investment management firm added 2,486 additional shares and now holds a total of 5,823 shares of Hain Celestial Group Inc which is valued at $305,183. Hain Celestial Group Inc makes up approx 0.06% of Mazama Capital Management Inc’s portfolio.

Hain Celestial Group Inc closed down -0.2 points or -0.38% at $51.95 with 5,77,787 shares getting traded on Wednesday. Post opening the session at $52.07, the shares hit an intraday low of $51.71 and an intraday high of $52.2401 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Hain Celestial Group Inc reported $0.49 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $0.49. The company had revenue of $749.86 million for the quarter, compared to analysts expectations of $733.54 million. The company’s revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS.

Many Wall Street Analysts have commented on Hain Celestial Group Inc. Company shares were Reiterated by RBC Capital Mkts on May 5, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 44 from a previous price target of $42 .

The Hain Celestial Group Inc. manufactures markets distributes and sells organic and natural products under brand names which are sold as better-for-you products. The Company operates in five segments: the United States the United Kingdom Canada Europe and Hain Pure Protein. The Company’s brands include Almond Dream Arrowhead Mills BluePrint Celestial Seasonings Cully & Sully Danival DeBoles Earth’s Best Ella’s Kitchen Europe’s Best Farmhouse Fare Frank Cooper’s Gale’s Garden of Eatin’ GG UniqueFiber Hartley’s Health Valley Imagine Johnson’s Juice Co. Lima Linda McCartney MaraNatha New Covent Garden Soup Co. Rice Dream Robertson’s Rudi’s Organic Bakery Rudi’s Gluten-Free Bakery Sensible Portions Spectrum Spectrum Essentials and Soy Dream among others. Its markets its personal care products under the Alba Botanica Avalon Organics Earth’s Best JASON and Queen Helene brands. In addition it offers the Joya and Happy brands.

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