Hain Celestial Group Inc Has More Gas To Increase After Today’s Bullish Options Activity

 Hain Celestial Group Inc Has More Gas To Increase After Today's Bullish Options Activity

In today’s session Hain Celestial Group Inc (HAIN) registered an unusually high (181) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious HAIN increase. With 181 contracts traded and 25014 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HAIN161118C00037000 closed last at: $1.75 or 18.6% down. About 395,687 shares traded hands. Hain Celestial Group Inc (NASDAQ:HAIN) has declined 9.39% since March 31, 2016 and is downtrending. It has underperformed by 11.91% the S&P500.

Hain Celestial Group Inc (NASDAQ:HAIN) Ratings Coverage

Out of 24 analysts covering Hain Celestial Group (NASDAQ:HAIN), 12 rate it a “Buy”, 2 “Sell”, while 10 “Hold”. This means 50% are positive. Hain Celestial Group has been the topic of 51 analyst reports since July 24, 2015 according to StockzIntelligence Inc. JP Morgan maintained it with “Overweight” rating and $43 target price in Tuesday, August 16 report. The firm has “Sell” rating given on Thursday, September 15 by UBS. The firm has “Buy” rating given on Friday, July 24 by Maxim Group. The stock has “Buy” rating given by Jefferies on Wednesday, December 16. The company was downgraded on Tuesday, August 16 by SunTrust. The rating was maintained by Oppenheimer on Tuesday, August 16 with “Perform”. The stock has “Sector Perform” rating given by RBC Capital Markets on Monday, November 2. The rating was maintained by RBC Capital Markets on Friday, January 15 with “Sector Perform”. RBC Capital Markets maintained the shares of HAIN in a report on Monday, January 18 with “Sector Perform” rating. Maxim Group maintained it with “Buy” rating and $72 target price in Friday, November 6 report.

According to Zacks Investment Research, “The Hain Celestial Group is a natural, specialty and snack food company. The company is a leader in the natural food categories, with such well-known natural food brands as Celestial Seasonings teas, including Sleepytimer, Lemon Zingerr, Red Zingerr, and Tension Tamerr varieties, Hain Pure Foodsr, Earth’s Bestr, and Nile Spice. The company’s principal specialty product lines include Hollywoodr cooking oils, Esteer sugar-free products, Weight Watchersr dry and refrigerated products, Kineretr kosher foods, Boston Better Snacksr, and Alba Foodsr. (PRESS RELEASE)”

Insitutional Activity: The institutional sentiment increased to 1.16 in 2016 Q2. Its up 0.20, from 0.96 in 2016Q1. The ratio increased, as 31 funds sold all Hain Celestial Group Inc shares owned while 135 reduced positions. 64 funds bought stakes while 129 increased positions. They now own 83.26 million shares or 2.53% less from 85.42 million shares in 2016Q1.
Gideon Cap accumulated 0.24% or 8,290 shares. Quantbot Techs L P, a New York-based fund reported 9,478 shares. Patten Group last reported 0% of its portfolio in the stock. Teachers Advisors holds 94,718 shares or 0.01% of its portfolio. Bbva Compass last reported 0.05% of its portfolio in the stock. Ls Advisors accumulated 6,270 shares or 0.02% of the stock. Westport Mngmt Inc has 0.18% invested in the company for 11,350 shares. Bessemer Group Incorporated Inc last reported 0% of its portfolio in the stock. Proshare Advisors Limited Liability Corporation has invested 0.01% of its portfolio in Hain Celestial Group Inc (NASDAQ:HAIN). Finemark Bancorp has 0% invested in the company for 663 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt System holds 19,911 shares or 0.02% of its portfolio. Alliancebernstein Lp holds 0% or 67,598 shares in its portfolio. The New York-based Citigroup Incorporated has invested 0% in Hain Celestial Group Inc (NASDAQ:HAIN). Scout Invests Inc holds 0.43% or 307,527 shares in its portfolio. Moreover, Sandhill Cap Partners Ltd Liability has 3.74% invested in Hain Celestial Group Inc (NASDAQ:HAIN) for 240,378 shares.

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 has a market cap of $3.86 billion. The Firm operates in five divisions: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. It has a 18.28 P/E ratio. 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.

HAIN Company Profile

The Hain Celestial Group, Inc., incorporated on May 19, 1993, makes, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company’s brand names 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, Soy Dream, Sun-Pat, SunSpire, Terra, The Greek Gods, Tilda, WestSoy and Yves Veggie Cuisine. The Company’s personal care products are marketed under the Alba Botanica, Avalon Organics, Earth’s Best, JASON and Queen Helene brands. The Firm operates in five divisions: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The United States operating segment includes the activities of Ella’s Kitchen, which conducts business in the United States and the United Kingdom. The United Kingdom operating segment includes the activities of Tilda, which conducts business in the United Kingdom, the Middle East and North Africa, Continental Europe, North America and India. Canada and Europe are combined as rest of world. In addition, it also offers the brands: Gluten Free Cafe, Walnut Acres Organic, FreeBird, Plainville Farms, Empire, Kosher Valley, Live Clean, A Healthier Way of Life, Joya and Happy.

More notable recent Hain Celestial Group Inc (NASDAQ:HAIN) news were published by: Prnewswire.com which released: “The Hain Celestial Group, Inc. Announces Delay in the Release of its Fourth …” on August 15, 2016, also Fool.com with their article: “Why The Hain Celestial Group, Inc. Fell 30% in August” published on September 02, 2016, Foodbusinessnews.net published: “Hain Celestial launches Cultivate Ventures” on November 01, 2016. More interesting news about Hain Celestial Group Inc (NASDAQ:HAIN) were released by: Seekingalpha.com and their article: “Hain Celestial Group: Decidedly Unhealthy For Investors Right Now” published on October 18, 2016 as well as Globenewswire.com‘s news article titled: “HAIN INVESTOR REMINDER: Hagens Berman Reminds The Hain Celestial Group, Inc …” with publication date: October 07, 2016.

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