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The Hain Celestial Group Inc. (HAIN) Rating Lowered to Hold at TheStreet

(NASDAQ:HAIN) traded 6.02 Million shares and was closed at 36.75.

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Shares of United Rentals, Inc. What made The Hain Celestial Group, Inc.to beat analysts’ forecasts in this rally? The Firm showed a positive 7.20% in the net profit margin and in addition to its operating margin, which remained 10.00%. The Hain Celestial Group, Inc. Princeton Portfolio Strategies Group LLC now owns 65,720 shares of the company’s stock valued at $2,689,000 after buying an additional 29,070 shares in the last quarter.

Hain Celestial shares gained 13 cents, or 0.4 percent, to $36.88 in Thursday morning trading. 1 Month Ago, shares have been suggested as “BUY” from “1” brokerage firms and recommended as “Strong Buy” by “4” brokerage firms. As per the latest information, the brokerage house lowers the price target to $40 per share from a prior target of $44.

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Hain said it has 60 calendar days to submit a compliance plan with Nasdaq and expects to do so. CAVM market capitalization is 3.20B with 1005 employees. On May 21, 2015, Ross Weiner (VP & Chief Accounting Officer) sold 378 shares at $62.11 per share price.Also, On May 11, 2015, Irwin D Simon (Pres., CEO & Chairman of Bd) sold 250,000 shares at $58.99 per share price.On Mar 9, 2015, John Carroll (Executive Vice President) sold 100,000 shares at $62.80 per share price, according to the Form-4 filing with the securities and exchange commission. Further it is trading $-9.2268 or -20.4345% away its 200-day moving average of $45.1530. On Aug 16, 2016, PiperJaffray said it Downgrades its rating on Hain Celestial Group Inc. The average price target for shares are $42.08 with an expected fluctuation of $5.23 from the mean. They noted that the move was a valuation call. Finally, Jefferies Group decreased their price target on The Hain Celestial Group from $57.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, August 16th. The Company operates in five segments: the United States the United Kingdom Canada Europe and Hain Pure Protein. The Companys brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earths Best, Ellas Kitchen, Europes Best, Farmhouse Fare, Frank Coopers, Gales, Garden of Eatin, GG UniqueFiber, Hartleys, Health Valley, Imagine, Johnsons Juice Co., Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co., Rice Dream, Robertsons, Rudis Organic Bakery, Rudis Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others.

Investor News: Lawsuit against Hain Celestial Group Inc (NASDAQ:HAIN) alleges Violations of Securities Laws