United States Procurement News Notice - 10788


Procurement News Notice

PNN 10788
Work Detail Creegan Nassoura Financial Group reduced its stake in Hain Celestial Group Inc by 8.12% during the most recent quarter end. The investment management company now holds a total of 21,500 shares of Hain Celestial Group Inc which is valued at $1,190,025 after selling 1,900 shares in Hain Celestial Group Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Hain Celestial Group Inc makes up approximately 1.37% of Creegan Nassoura Financial Group’s portfolio.

Other Hedge Funds, Including , Parallax Volatility Advisers reduced its stake in HAIN by selling 3,267 shares or 97.52% in the most recent quarter. The Hedge Fund company now holds 83 shares of HAIN which is valued at $4,594.Canada Pension Plan Investment Board reduced its stake in HAIN by selling 69,800 shares or 62.21% in the most recent quarter. The Hedge Fund company now holds 42,400 shares of HAIN which is valued at $2,346,840. Hain Celestial Group Inc makes up approx 0.01% of Canada Pension Plan Investment Board’s portfolio.Dekabank Deutsche Girozentrale reduced its stake in HAIN by selling 218,175 shares or 40.58% in the most recent quarter. The Hedge Fund company now holds 319,423 shares of HAIN which is valued at $16,629,161. Hain Celestial Group Inc makes up approx 0.18% of Dekabank Deutsche Girozentrale’s portfolio.California Public Employees Retirement System reduced its stake in HAIN by selling 6,000 shares or 2.98% in the most recent quarter. The Hedge Fund company now holds 195,500 shares of HAIN which is valued at $10,109,305. Hain Celestial Group Inc makes up approx 0.02% of California Public Employees Retirement System’s portfolio.Emerald Advisers Incpa reduced its stake in HAIN by selling 397 shares or 0.84% in the most recent quarter. The Hedge Fund company now holds 47,130 shares of HAIN which is valued at $2,487,993. Hain Celestial Group Inc makes up approx 0.11% of Emerald Advisers Incpa’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.
Country United States , Northern America
Industry Financial Services
Entry Date 15 Oct 2016
Source http://www.tradecalls.org/2016/09/creegan-nassoura-financial-group-lowers-stake-in-hain-celestial-group-inc-hain-385075/

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