Hain Celestial Group Inc Just Recorded A Sigfniciant Bullish Options Activity

 Hain Celestial Group Inc Just Recorded A Sigfniciant Bullish Options Activity

In today’s session Hain Celestial Group Inc (HAIN) registered an unusually high (2,014) 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 2,014 contracts traded and 6444 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HAIN161118C00035000 closed last at: $1.8 or 16.3% down. About 117,073 shares traded hands. Hain Celestial Group Inc (NASDAQ:HAIN) has declined 18.20% since April 12, 2016 and is downtrending. It has underperformed by 23.18% 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. $80 is the highest target while $33 is the lowest. The $51.38 average target is 48.88% above today’s ($34.51) stock price. Hain Celestial Group has been the topic of 51 analyst reports since July 24, 2015 according to StockzIntelligence Inc. On Wednesday, February 24 the stock rating was initiated by UBS with “Buy”. PiperJaffray downgraded Hain Celestial Group Inc (NASDAQ:HAIN) on Tuesday, August 16 to “Underweight” rating. The stock of Hain Celestial Group Inc (NASDAQ:HAIN) earned “Sell” rating by UBS on Thursday, September 15. The stock of Hain Celestial Group Inc (NASDAQ:HAIN) has “Overweight” rating given on Thursday, August 20 by Piper Jaffray. The rating was maintained by JP Morgan with “Overweight” on Tuesday, August 16. The stock has “Perform” rating given by Oppenheimer on Tuesday, January 12. Wedbush maintained the shares of HAIN in a report on Wednesday, January 13 with “Outperform” rating. The rating was downgraded by Wedbush on Tuesday, August 16 to “Neutral”. On Tuesday, August 16 the stock rating was downgraded by SunTrust to “Neutral”. RBC Capital Markets maintained the shares of HAIN in a report on Monday, January 18 with “Sector Perform” rating.

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 Q2 2016. Its up 0.20, from 0.96 in 2016Q1. The ratio improved, 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.
Retail Bank Of Mellon Corporation accumulated 1.22 million shares or 0.02% of the stock. Capstone Asset Management accumulated 9,472 shares or 0.01% of the stock. Cowen Inc, a New York-based fund reported 7,500 shares. Princeton Portfolio Strategies Grp Inc Llc has invested 1.11% of its portfolio in Hain Celestial Group Inc (NASDAQ:HAIN). Advisory Serv, a Massachusetts-based fund reported 4,337 shares. Citigroup has 80,671 shares for 0% of their US portfolio. Clean Yield Grp Inc last reported 56,278 shares in the company. The Texas-based Next Financial Group Incorporated has invested 0.01% in Hain Celestial Group Inc (NASDAQ:HAIN). Prentiss Smith Incorporated holds 0.06% of its portfolio in Hain Celestial Group Inc (NASDAQ:HAIN) for 2,000 shares. The Ohio-based Fifth Third National Bank & Trust has invested 0% in Hain Celestial Group Inc (NASDAQ:HAIN). Synovus Fincl Corporation reported 34,200 shares or 0.04% of all its holdings. Raymond James And Assoc has invested 0.01% of its portfolio in Hain Celestial Group Inc (NASDAQ:HAIN). Moreover, Fdx has 0.01% invested in Hain Celestial Group Inc (NASDAQ:HAIN) for 4,806 shares. Monarch Prtnrs Asset Mgmt Ltd Liability Co owns 284,655 shares or 1.42% of their US portfolio. Victory Capital Management has 0.33% invested in the company for 1.66M 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 $3.44 billion. The Firm operates in five divisions: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. It has a 17.25 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: Wsj.com which released: “Hain Celestial Shares Drop as Accounting Review Will Delay Results” 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, Nytimes.com published: “Business Day|Bloated Pay Came Before Hain Celestial’s Error” on August 19, 2016. More interesting news about Hain Celestial Group Inc (NASDAQ:HAIN) were released by: Prnewswire.com and their article: “Plainville Farms® Turkey “Uncommon Candidate” Enters The Race On Anti …” published on November 02, 2016 as well as Prnewswire.com‘s news article titled: “Hain Celestial Launches Cultivate Ventures” with publication date: November 01, 2016.

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