What’s in WhiteWave Foods Co After Today’s Bearish Options Activity?


 What's in WhiteWave Foods Co After Today's Bearish Options Activity?

In today’s session WhiteWave Foods Co (WWAV) recorded an unusually high (254) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious WWAV decrease. With 254 contracts traded and 23594 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: WWAV170120P00052500 closed last at: $1.15 or 17.9% down. The stock increased 0.20% or $0.11 during the last trading session, hitting $54.76. About 2.77M shares traded hands or 31.28% up from the average. WhiteWave Foods Co (NYSE:WWAV) has risen 37.73% since March 1, 2016 and is uptrending. It has outperformed by 28.48% the S&P500.

Analysts await WhiteWave Foods Co (NYSE:WWAV) to report earnings on November, 14. They expect $0.38 EPS, up 15.15% or $0.05 from last year’s $0.33 per share. WWAV’s profit will be $67.59M for 36.03 P/E if the $0.38 EPS becomes a reality. After $0.32 actual EPS reported by WhiteWave Foods Co for the previous quarter, Wall Street now forecasts 18.75% EPS growth.

WhiteWave Foods Co (NYSE:WWAV) Ratings Coverage

Out of 26 analysts covering Whitewave Foods Company (The) (NYSE:WWAV), 8 rate it a “Buy”, 2 “Sell”, while 16 “Hold”. This means 31% are positive. $58 is the highest target while $39 is the lowest. The $51.19 average target is -6.52% below today’s ($54.76) stock price. Whitewave Foods Company (The) has been the topic of 52 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating given on Wednesday, August 17 by Wells Fargo. The company was initiated on Monday, October 19 by Buckingham Research. DA Davidson maintained WhiteWave Foods Co (NYSE:WWAV) on Wednesday, May 11 with “Buy” rating. The firm earned “Overweight” rating on Wednesday, May 11 by Barclays Capital. The rating was downgraded by DA Davidson to “Neutral” on Wednesday, August 10. The firm has “Hold” rating by Wunderlich given on Wednesday, May 18. The stock has “Outperform” rating given by Credit Agricole on Wednesday, August 26. Zacks upgraded the stock to “Hold” rating in Thursday, August 27 report. The rating was maintained by JP Morgan on Wednesday, May 11 with “Overweight”. On Thursday, February 4 the stock rating was maintained by Wedbush with “Outperform”.

Insitutional Activity: The institutional sentiment decreased to 1.12 in 2016 Q2. Its down 0.10, from 1.22 in 2016Q1. The ratio dived, as 38 funds sold all WhiteWave Foods Co shares owned while 148 reduced positions. 52 funds bought stakes while 156 increased positions. They now own 145.67 million shares or 0.35% more from 145.16 million shares in 2016Q1.
Wellington Shields Capital Mgmt Ltd Limited Liability Company, a New York-based fund reported 28,186 shares. Bamco Inc Ny holds 0.02% or 85,150 shares in its portfolio. Scott & Selber holds 67,820 shares or 2.13% of its portfolio. Country Trust Fincl Bank owns 344,562 shares or 0.87% of their US portfolio. Parnassus Invs Ca holds 0.05% or 182,500 shares in its portfolio. Massachusetts Co Ma accumulated 985,778 shares or 0.02% of the stock. The Colorado-based Pub Employees Retirement Association Of Colorado has invested 0.47% in WhiteWave Foods Co (NYSE:WWAV). Delta Lloyd Nv owns 384,742 shares or 0.61% of their US portfolio. Usca Ria Ltd Limited Liability Company holds 7,450 shares or 0.06% of its portfolio. Blackrock Group Limited holds 0.02% or 884,349 shares in its portfolio. Ameritas Investment Prtn has invested 0.35% of its portfolio in WhiteWave Foods Co (NYSE:WWAV). Marshall Wace Ltd Liability Partnership has 0.03% invested in the company for 84,475 shares. Bokf Na has 0.14% invested in the company for 84,174 shares. Wesbanco Natl Bank reported 241,197 shares or 0.67% of all its holdings. Palisade Capital Mgmt Lc Nj owns 8,721 shares or 0.01% of their US portfolio.

Insider Transactions: Since August 31, 2016, the stock had 0 insider purchases, and 1 insider sale for $189,710 net activity. $189,710 worth of WhiteWave Foods Co (NYSE:WWAV) was sold by WRIGHT DOREEN A on Wednesday, August 31.

The WhiteWave Foods Company is a consumer packaged food and beverage company. The company has a market cap of $9.74 billion. The Firm makes, markets, distributes and sells branded plant foods and beverages, coffee creamers and beverages, dairy products and organic produce. It has a 51.3 P/E ratio. The Company’s divisions include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.

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