Compagnie Lombard Odier Scma buys $84,443,067 stake in Hain Celestial Group Inc (HAIN)

Hain Celestial Group Inc (HAIN) : Compagnie Lombard Odier Scma scooped up 1,520,000 additional shares in Hain Celestial Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,525,620 shares of Hain Celestial Group Inc which is valued at $84,443,067.Hain Celestial Group Inc makes up approximately 2.41% of Compagnie Lombard Odier Scma’s portfolio.

Other Hedge Funds, Including , Fred Alger Management Inc boosted its stake in HAIN in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 500 shares of Hain Celestial Group Inc which is valued at $27,675.Hsbc Holdings Plc reduced its stake in HAIN by selling 6,492 shares or 25.16% in the most recent quarter. The Hedge Fund company now holds 19,314 shares of HAIN which is valued at $1,069,030. Dynamic Technology Lab Private Ltd added HAIN to its portfolio by purchasing 16,163 company shares during the most recent quarter which is valued at $894,622. Hain Celestial Group Inc makes up approx 0.23% of Dynamic Technology Lab Private Ltd’s portfolio.Oppenheimer Co Inc reduced its stake in HAIN by selling 500 shares or 9.71% in the most recent quarter. The Hedge Fund company now holds 4,650 shares of HAIN which is valued at $242,405. Hain Celestial Group Inc makes up approx 0.01% of Oppenheimer Co Inc’s portfolio.Advisors Asset Management reduced its stake in HAIN by selling 2,738 shares or 14.75% in the most recent quarter. The Hedge Fund company now holds 15,830 shares of HAIN which is valued at $825,218. Hain Celestial Group Inc makes up approx 0.01% of Advisors Asset Management’s portfolio.

Hain Celestial Group Inc closed down -0.53 points or -1.44% at $36.22 with 22,53,140 shares getting traded on Thursday. Post opening the session at $37.06, the shares hit an intraday low of $36.11 and an intraday high of $37.07 and the price fluctuated in this range throughout the day.Shares ended Thursday 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. Shares were Downgraded by Piper Jaffray on Aug 16, 2016 to ” Underweight” and Lowered the Price Target to $ 35 from a previous price target of $43 .Shares were Downgraded by Wedbush on Aug 16, 2016 to ” Neutral” and Lowered the Price Target to $ 37 from a previous price target of $51 .Hain Celestial Group Inc was Downgraded by Atlantic Equities to ” Underweight” on Aug 16, 2016.

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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