As Hain Celestial Group (Call) (HAIN) Market Valuation Declined, Holder Armistice Capital Trimmed Its Stake by $5.05 Million; Kylin Management Has Lifted Netease (NTES) Position by $2.72 Million

June 17, 2018 - By reb123z

Ted Kang increased its stake in Netease Inc (NTES) by 14.46% based on its latest 2018Q1 regulatory filing with the SEC. Kylin Management Llc bought 9,700 shares as the company’s stock declined 25.93% with the market. The hedge fund run by Ted Kang held 76,800 shares of the miscellaneous company at the end of 2018Q1, valued at $21.53M, up from 67,100 at the end of the previous reported quarter. Kylin Management Llc who had been investing in Netease Inc for a number of months, seems to be bullish on the $33.47 billion market cap company. The stock decreased 0.06% or $0.16 during the last trading session, reaching $254.88. About 1.07 million shares traded. NetEase, Inc. (NASDAQ:NTES) has declined 22.10% since June 17, 2017 and is downtrending. It has underperformed by 34.67% the S&P500. Some Historical NTES News: 23/05/2018 – Caixin: Baidu, NetEase Join Queue for Issuing CDRs; 22/05/2018 – Franklin Dynatech Adds DocuSign Inc., Exits Netease; 16/05/2018 – NETEASE 1Q REV. $2.26B, EST. $2.20B; 27/03/2018 – BEIJING — One of China’s most promising internet companies, NetEase, will try to maintain double-digit growth by making its online retail arm as large as its core mobile games business, according to CEO and founder William Ding Lei; 16/05/2018 – MEDIA-New international Beijing airport to open October next year – China Daily; 13/03/2018 – Cross-Licensing Agreement is Signed Between NetEase Cloud Music and AliMusic; 16/05/2018 – NETEASE INC NTES.O – QTRLY DILUTED EARNINGS PER ADS WERE US$0.91; 27/03/2018 – China’s internet tiger NetEase aims to make retail as big as games; 13/03/2018 – NETEASE CLOUD MUSIC – TO SUBLICENSE PREMIER MUSIC COPYRIGHTS OWNED BY EE-MEDIA, AVEX, FORWARD MUSIC, HIM INTERNATIONAL MUSIC, AND OTHERS TO ALIMUSIC; 11/05/2018 – HSBC Adds Santander Brasil, Exits Sensata, Cuts Netease: 13F

Armistice Capital Llc decreased its stake in Hain Celestial Group Inc (Call) (HAIN) by 14.34% based on its latest 2018Q1 regulatory filing with the SEC. Armistice Capital Llc sold 157,700 shares as the company’s stock declined 25.31% with the market. The institutional investor held 942,300 shares of the consumer non-durables company at the end of 2018Q1, valued at $30.22M, down from 1.10 million at the end of the previous reported quarter. Armistice Capital Llc who had been investing in Hain Celestial Group Inc (Call) for a number of months, seems to be less bullish one the $3.09 billion market cap company. The stock increased 1.21% or $0.34 during the last trading session, reaching $28.46. About 973,506 shares traded. The Hain Celestial Group, Inc. (NASDAQ:HAIN) has declined 27.22% since June 17, 2017 and is downtrending. It has underperformed by 39.79% the S&P500. Some Historical HAIN News: 08/05/2018 – Hain Celestial at BMO Farm to Market Conference May 16; 08/05/2018 – HAIN CELESTIAL 3Q ADJ EBITDA $73.4M, EST. $92.8M; 08/05/2018 – Hain Celestial 3Q EPS 12c; 21/05/2018 – Hain Celestial at Group Dinner Hosted By Stuart Frankel Today; 08/05/2018 – HAIN CELESTIAL REITERATES ANNUAL NET SALES OUTLOOK; 08/05/2018 – Hain stock sinks as earnings disappoint and forecast slashed; 08/05/2018 – HAIN CELESTIAL 3Q ADJ EPS 37C, EST. 47C; 08/05/2018 – HAIN CELESTIAL GROUP INC – EXPECTS TO COMPLETE DIVESTITURE OF HAIN PURE PROTEIN DURING FIRST HALF OF FISCAL 2019; 08/05/2018 – Hain Celestial Sees FY18 Sales $2.434B-$2.503B; 08/05/2018 – HAIN CELESTIAL GROUP INC – UPDATES FISCAL 2018 EARNINGS GUIDANCE FOR CONTINUING OPERATIONS EXCLUDING HAIN PURE PROTEIN

More notable recent NetEase, Inc. (NASDAQ:NTES) news were published by: Seekingalpha.com which released: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” on May 25, 2018, also Seekingalpha.com with their article: “NetEase: Compelling Buying Opportunity” published on June 04, 2018, Nasdaq.com published: “Why Is No One Talking About NetEase Inc. Stock?” on May 29, 2018. More interesting news about NetEase, Inc. (NASDAQ:NTES) were released by: Seekingalpha.com and their article: “NetEase unveils 20 new games in pipeline” published on May 22, 2018 as well as Nasdaq.com‘s news article titled: “New Research Coverage Highlights Star Bulk Carriers, Check Point Software Technologies, NetEase, CURO Group …” with publication date: June 04, 2018.

Among 20 analysts covering NetEase (NASDAQ:NTES), 13 have Buy rating, 4 Sell and 3 Hold. Therefore 65% are positive. NetEase had 48 analyst reports since August 12, 2015 according to SRatingsIntel. Nomura upgraded NetEase, Inc. (NASDAQ:NTES) on Friday, November 17 to “Buy” rating. The stock has “Buy” rating by Standpoint Research on Monday, January 9. The firm has “Buy” rating given on Wednesday, November 25 by Goldman Sachs. The company was maintained on Monday, December 18 by Jefferies. The rating was maintained by Jefferies on Tuesday, August 22 with “Buy”. The company was upgraded on Monday, October 3 by CLSA. The rating was upgraded by Standpoint Research on Wednesday, August 26 to “Hold”. The rating was downgraded by Zacks to “Hold” on Tuesday, August 25. The company was upgraded on Monday, November 28 by Jefferies. Jefferies maintained the stock with “Buy” rating in Monday, July 17 report.

Another recent and important The Hain Celestial Group, Inc. (NASDAQ:HAIN) news was published by Seekingalpha.com which published an article titled: “Hain Celestial: Why An Activist Investor Has Gone All-In And How Shares Could Double” on June 14, 2018.

Investors sentiment decreased to 1.04 in 2018 Q1. Its down 0.07, from 1.11 in 2017Q4. It is negative, as 38 investors sold HAIN shares while 101 reduced holdings. 49 funds opened positions while 96 raised stakes. 94.04 million shares or 4.03% more from 90.39 million shares in 2017Q4 were reported. 50,660 are held by First Commercial Bank Of Omaha. Moreover, Permanens LP has 0.16% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Eagleclaw Capital Managment Ltd Liability Co holds 0.26% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 15,775 shares. Moreover, S Muoio And Com Ltd Limited Liability Company has 0.35% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 20,176 shares. Black Creek accumulated 6.17 million shares. Blackrock, New York-based fund reported 8.69M shares. Thompson invested in 0.07% or 11,300 shares. House Limited Liability Corporation holds 24,740 shares or 0.1% of its portfolio. Brown Brothers Harriman & has 119 shares for 0% of their portfolio. Philadelphia Tru Communications reported 299,968 shares. Sandy Spring Financial Bank, Maryland-based fund reported 385 shares. Advantus Management stated it has 12,684 shares or 0.01% of all its holdings. Moreover, Pnc Fin Grp Inc has 0% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Gamco Investors Inc Et Al has 350,250 shares. Prentiss Smith Incorporated invested in 2.81% or 167,230 shares.

Since February 28, 2018, it had 1 insider purchase, and 0 insider sales for $49.02 million activity.

Armistice Capital Llc, which manages about $1.31 billion US Long portfolio, upped its stake in Depomed Inc (NASDAQ:DEPO) by 1.72M shares to 5.38 million shares, valued at $35.42 million in 2018Q1, according to the filing. It also increased its holding in Under Armour Inc (NYSE:UA) by 120,000 shares in the quarter, for a total of 1.52 million shares, and has risen its stake in Strongbridge Biopharma Plc.

Among 31 analysts covering Hain Celestial Group (NASDAQ:HAIN), 12 have Buy rating, 2 Sell and 17 Hold. Therefore 39% are positive. Hain Celestial Group had 95 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Friday, June 9. On Thursday, September 15 the stock rating was maintained by UBS with “Sell”. Wedbush downgraded the stock to “Neutral” rating in Tuesday, August 16 report. The rating was downgraded by Maxim Group to “Hold” on Tuesday, August 16. The stock of The Hain Celestial Group, Inc. (NASDAQ:HAIN) earned “Market Perform” rating by Bernstein on Friday, October 6. As per Friday, June 23, the company rating was maintained by UBS. Jefferies maintained The Hain Celestial Group, Inc. (NASDAQ:HAIN) on Tuesday, April 3 with “Buy” rating. S&P Research maintained The Hain Celestial Group, Inc. (NASDAQ:HAIN) rating on Thursday, August 20. S&P Research has “Buy” rating and $76 target. The stock has “Outperform” rating by Cowen & Co on Wednesday, October 14. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, January 15.

Analysts await The Hain Celestial Group, Inc. (NASDAQ:HAIN) to report earnings on September, 4. They expect $0.26 EPS, down 39.53% or $0.17 from last year’s $0.43 per share. HAIN’s profit will be $28.18M for 27.37 P/E if the $0.26 EPS becomes a reality. After $0.37 actual EPS reported by The Hain Celestial Group, Inc. for the previous quarter, Wall Street now forecasts -29.73% negative EPS growth.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) Institutional Positions Chart

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