In today’s session Hain Celestial Group Inc (HAIN) registered an unusually high (338) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious HAIN increase. With 338 contracts traded and 38094 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: HAIN161216C00040000 closed last at: $1.05 or 0% . About 181,226 shares traded hands. Hain Celestial Group Inc (NASDAQ:HAIN) has declined 7.91% since April 27, 2016 and is downtrending. It has underperformed by 13.14% the S&P500.
Hain Celestial Group Inc (NASDAQ:HAIN) Ratings Coverage
Out of 25 analysts covering Hain Celestial Group (NASDAQ:HAIN), 12 rate it a “Buy”, 2 “Sell”, while 11 “Hold”. This means 48% are positive. $80 is the highest target while $33 is the lowest. The $51.38 average target is 30.11% above today’s ($39.49) stock price. Hain Celestial Group has been the topic of 53 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Wedbush maintained the shares of HAIN in a report on Wednesday, January 13 with “Outperform” rating. The rating was maintained by Jefferies with “Buy” on Tuesday, August 16. Buckingham Research initiated Hain Celestial Group Inc (NASDAQ:HAIN) on Monday, October 19 with “Neutral” rating. On Monday, January 18 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The rating was downgraded by Piper Jaffray to “Neutral” on Tuesday, February 2. Buckingham Research maintained it with “Neutral” rating and $40 target price in Friday, August 26 report. The company was maintained on Friday, November 6 by Maxim Group. The firm has “Sector Perform” rating given on Monday, November 2 by RBC Capital Markets. The stock of Hain Celestial Group Inc (NASDAQ:HAIN) earned “Outperform” rating by William Blair on Friday, September 4. The firm has “Buy” rating by Maxim Group given on Friday, July 24.
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 decreased to 0.9 in 2016 Q2. Its down 0.26, from 1.16 in 2016Q1. The ratio dropped, 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.
Stifel has 205,019 shares for 0.05% of their US portfolio. Teton Advisors, a New York-based fund reported 80,000 shares. Dnb Asset Mgmt As, a Norway-based fund reported 51,910 shares. Moreover, Tiaa Cref Inv Management Llc has 0.01% invested in Hain Celestial Group Inc (NASDAQ:HAIN) for 370,234 shares. Allianz Asset Ag holds 0.01% of its portfolio in Hain Celestial Group Inc (NASDAQ:HAIN) for 556,011 shares. Condor Cap accumulated 0.34% or 28,727 shares. Intrust Comml Bank Na accumulated 6,979 shares or 0.14% of the stock. Congress Asset Ma owns 908,350 shares or 1.04% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) has 0.18% invested in the company for 275,117 shares. Moreover, Teacher Retirement Of Texas has 0% invested in Hain Celestial Group Inc (NASDAQ:HAIN) for 14,453 shares. Clinton Gru Inc accumulated 0.11% or 50,296 shares. Moreover, State Of Tennessee Treasury Department has 0.02% invested in Hain Celestial Group Inc (NASDAQ:HAIN) for 60,000 shares. Gradient Invs last reported 0% of its portfolio in the stock. Gabelli Funds Ltd Liability Com accumulated 506,000 shares or 0.15% of the stock. Profund Advsr Ltd last reported 16,301 shares in the company.
The Hain Celestial Group, Inc. is an organic and natural products company. The company has a market cap of $4.11 billion. The Firm and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. It has a 19.74 P/E ratio. The Company’s divisions include United States, United Kingdom, Hain Pure Protein and Rest of World.
HAIN Company Profile
The Hain Celestial Group, Inc., incorporated on May 19, 1993, is an organic and natural products company. The Firm and its subsidiaries manufacture, market, distribute and sell organic and natural products under brand names which are sold as better-for-you products. The Company’s divisions include United States, United Kingdom, Hain Pure Protein and Rest of World. The Company’s Rest of World segment includes Canada and Europe. The Company’s subsidiaries include Hain Pure Protein Corporation, which processes, markets and distributes antibiotic-free, organic and other poultry products, and EK Holdings, Inc., which grows, processes and sells kosher poultry and other products under the Empire and Kosher Valley brand names.
More news for Hain Celestial Group Inc (NASDAQ:HAIN) were recently published by: Prnewswire.com, which released: “The Hain Celestial Group, Inc. Announces Delay in the Release of its Fourth …” on August 15, 2016. Prnewswire.com‘s article titled: “Hain Celestial Announces Completion of Independent Audit Committee Review” and published on November 16, 2016 is yet another important article.
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