Frontfour Capital Group Cut Its Hain Celestial Group (HAIN) Position as Stock Value Declined; Sather Financial Group Holding in Bank Amer (BAC) Decreased by $322,161

May 21, 2018 - By Henry Gaston

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Frontfour Capital Group Llc decreased its stake in Hain Celestial Group Inc (HAIN) by 83.74% based on its latest 2017Q4 regulatory filing with the SEC. Frontfour Capital Group Llc sold 131,810 shares as the company’s stock declined 23.03% with the market. The hedge fund held 25,591 shares of the consumer non-durables company at the end of 2017Q4, valued at $1.09M, down from 157,401 at the end of the previous reported quarter. Frontfour Capital Group Llc who had been investing in Hain Celestial Group Inc for a number of months, seems to be less bullish one the $2.85B market cap company. The stock decreased 2.63% or $0.71 during the last trading session, reaching $26.26. About 1.11M shares traded. The Hain Celestial Group, Inc. (NASDAQ:HAIN) has declined 14.00% since May 21, 2017 and is downtrending. It has underperformed by 25.55% the S&P500.




Sather Financial Group Inc decreased its stake in Bank Amer Corp (BAC) by 2.48% based on its latest 2017Q4 regulatory filing with the SEC. Sather Financial Group Inc sold 11,109 shares as the company’s stock declined 1.20% with the market. The institutional investor held 437,172 shares of the major banks company at the end of 2017Q4, valued at $12.91M, down from 448,281 at the end of the previous reported quarter. Sather Financial Group Inc who had been investing in Bank Amer Corp for a number of months, seems to be less bullish one the $306.82B market cap company. The stock decreased 1.79% or $0.55 during the last trading session, reaching $30.26. About 58.64M shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since May 21, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on July, 17. They expect $0.64 EPS, up 39.13% or $0.18 from last year’s $0.46 per share. BAC’s profit will be $6.49 billion for 11.82 P/E if the $0.64 EPS becomes a reality. After $0.62 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts 3.23% EPS growth.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 114 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Monday, October 16 by Nomura. The company was maintained on Wednesday, April 4 by Keefe Bruyette & Woods. CLSA maintained Bank of America Corporation (NYSE:BAC) on Friday, September 23 with “Outperform” rating. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, August 25. Atlantic Securities upgraded the shares of BAC in report on Wednesday, December 21 to “Overweight” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Sunday, August 13. As per Tuesday, July 18, the company rating was maintained by BMO Capital Markets. The stock has “Underperform” rating by Macquarie Research on Tuesday, August 25. The firm has “Buy” rating given on Wednesday, August 12 by Deutsche Bank. The firm has “Outperform” rating given on Friday, March 16 by Credit Suisse.

Sather Financial Group Inc, which manages about $361.65M and $400.55M US Long portfolio, upped its stake in Starbucks Corp (NASDAQ:SBUX) by 204,895 shares to 238,864 shares, valued at $13.72 million in 2017Q4, according to the filing.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.15, from 1.04 in 2017Q3. It increased, as 66 investors sold BAC shares while 561 reduced holdings. 162 funds opened positions while 585 raised stakes. 6.85 billion shares or 0.98% less from 6.91 billion shares in 2017Q3 were reported. Ing Groep Nv has 10.26% invested in Bank of America Corporation (NYSE:BAC). Wyoming-based Cypress Mgmt (Wy) has invested 0.16% in Bank of America Corporation (NYSE:BAC). Ct Mason has 3.54% invested in Bank of America Corporation (NYSE:BAC) for 341,000 shares. Amundi Pioneer Asset Mngmt invested 0.72% of its portfolio in Bank of America Corporation (NYSE:BAC). Osborne Prns Limited Liability Co stated it has 30,155 shares. Pennsylvania-based Twin Capital has invested 1.62% in Bank of America Corporation (NYSE:BAC). Shoker Invest Counsel reported 17,017 shares. Boyd Watterson Asset Mngmt Oh reported 0.14% in Bank of America Corporation (NYSE:BAC). Optimum Advsr owns 0.29% invested in Bank of America Corporation (NYSE:BAC) for 30,395 shares. Strategic Global Advsr Ltd Company has invested 1.42% of its portfolio in Bank of America Corporation (NYSE:BAC). Indiana Tru Investment Mngmt invested in 0.13% or 9,525 shares. Cibc Markets reported 0.21% in Bank of America Corporation (NYSE:BAC). Loring Wolcott And Coolidge Fiduciary Advisors Limited Liability Partnership Ma holds 0.02% in Bank of America Corporation (NYSE:BAC) or 43,987 shares. Northcoast Asset Mngmt Limited Liability reported 1.91% in Bank of America Corporation (NYSE:BAC). Carmignac Gestion holds 1.07% or 5.47 million shares.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Investorplace.com which released: “Friday’s Vital Data: Micron Technology, Inc. (MU), Tesla Inc (TSLA) and Bank of America Corp (BAC)” on May 18, 2018, also Seekingalpha.com with their article: “Bank Of America: Time To Sell?” published on May 08, 2018, Investorplace.com published: “Look Here for Safe High-Yield Investments and Guaranteed Returns” on May 21, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Bank of America (BAC) Investor Presentation – Slideshow” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “Bank of America affirms gun pledge” with publication date: May 11, 2018.

Among 30 analysts covering Hain Celestial Group (NASDAQ:HAIN), 11 have Buy rating, 2 Sell and 17 Hold. Therefore 37% are positive. Hain Celestial Group had 94 analyst reports since July 24, 2015 according to SRatingsIntel. Maxim Group maintained the shares of HAIN in report on Thursday, July 13 with “Buy” rating. The rating was maintained by Canaccord Genuity on Tuesday, January 12 with “Buy”. The stock of The Hain Celestial Group, Inc. (NASDAQ:HAIN) earned “Sector Perform” rating by RBC Capital Markets on Monday, November 2. The stock has “Perform” rating by Oppenheimer on Tuesday, August 16. BMO Capital Markets maintained The Hain Celestial Group, Inc. (NASDAQ:HAIN) on Wednesday, August 30 with “Buy” rating. The stock has “Perform” rating by Oppenheimer on Tuesday, January 12. Bank of America upgraded the shares of HAIN in report on Friday, November 18 to “Neutral” rating. Jefferies maintained it with “Buy” rating and $5000 target in Wednesday, July 19 report. The firm earned “Buy” rating on Wednesday, January 13 by Maxim Group. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, February 8.

Since February 28, 2018, it had 1 insider buy, and 0 selling transactions for $49.02 million activity.

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 25.25 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.

Frontfour Capital Group Llc, which manages about $447.90 million and $370.25 million US Long portfolio, upped its stake in Obsidian Energy Ltd by 4.93 million shares to 24.40 million shares, valued at $30.26M in 2017Q4, according to the filing. It also increased its holding in Cabot Corp (NYSE:CBT) by 20,546 shares in the quarter, for a total of 35,312 shares, and has risen its stake in Centurylink Inc (Call) (NYSE:CTL).

Investors sentiment increased to 1.11 in 2017 Q4. Its up 0.24, from 0.87 in 2017Q3. It is positive, as 41 investors sold HAIN shares while 91 reduced holdings. 45 funds opened positions while 101 raised stakes. 90.39 million shares or 0.62% less from 90.96 million shares in 2017Q3 were reported. Bard Associate holds 20,460 shares. Quantum Capital Management reported 10,831 shares or 0.11% of all its holdings. Royal Bancorporation Of Canada reported 0.02% stake. Stratos Wealth Ptnrs stated it has 0% in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Liberty Mutual Grp Asset Management Inc invested in 0.03% or 26,324 shares. Putnam Invests Limited Liability reported 0.02% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Harvest Management Ltd reported 7,000 shares. National Asset Mngmt owns 7,543 shares. Stone Ridge Asset Ltd Limited Liability Company has invested 0.09% in The Hain Celestial Group, Inc. (NASDAQ:HAIN). Outfitter Advsr holds 78,095 shares or 1.11% of its portfolio. 19,000 are held by Hollencrest Capital Management. Tocqueville Asset Ltd Partnership holds 0.1% of its portfolio in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 203,135 shares. Black Creek Invest Mgmt invested in 6.33% or 3.97M shares. Glenmede Company Na owns 688 shares. Dubuque Bancorp And owns 0.09% invested in The Hain Celestial Group, Inc. (NASDAQ:HAIN) for 13,474 shares.

More recent The Hain Celestial Group, Inc. (NASDAQ:HAIN) news were published by: Streetinsider.com which released: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” on May 15, 2018. Also Seekingalpha.com published the news titled: “Profit pressure continues at Hain Celestial” on May 08, 2018. Seekingalpha.com‘s news article titled: “Opko Health Shouldn’t Be Down – Cramer’s Lightning Round (5/9/18)” with publication date: May 10, 2018 was also an interesting one.

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