Herbalife Ltd. (NYSE:HLF) SVP Thomas Harms sold 8,532 shares of Herbalife stock in a transaction on Friday, December 29th. The stock was sold at an average price of $68.49, for a total transaction of $584,356.68. Following the completion of the transaction, the senior vice president now owns 1,000 shares in the company, valued at approximately $68,490. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Thomas Harms also recently made the following trade(s):
- On Saturday, December 29th, Thomas Harms sold 8,532 shares of Herbalife stock. The shares were sold at an average price of $68.49, for a total transaction of $584,356.68.
Herbalife Ltd. (NYSE:HLF) traded up $0.87 during trading hours on Friday, reaching $70.22. 618,023 shares of the company traded hands, compared to its average volume of 707,116. Herbalife Ltd. has a 1-year low of $49.12 and a 1-year high of $79.64. The company has a debt-to-equity ratio of 9.94, a current ratio of 2.65 and a quick ratio of 2.24. The company has a market capitalization of $6,047.13, a price-to-earnings ratio of 15.92 and a beta of 1.25.
Herbalife (NYSE:HLF) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.82 EPS for the quarter, hitting the consensus estimate of $0.82. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. Herbalife had a net margin of 8.60% and a return on equity of 176.64%. Herbalife’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.21 earnings per share. analysts anticipate that Herbalife Ltd. will post 4.55 earnings per share for the current year.
A number of research firms have issued reports on HLF. Pivotal Research restated a “buy” rating and issued a $120.00 price objective on shares of Herbalife in a research report on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Herbalife from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. ValuEngine cut shares of Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Monday, December 4th. Citigroup reiterated a “hold” rating and set a $73.00 price target (up previously from $71.00) on shares of Herbalife in a research report on Tuesday, October 3rd. Finally, SunTrust Banks reiterated a “hold” rating and set a $67.00 price target on shares of Herbalife in a research report on Friday, November 10th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $83.25.
Several hedge funds and other institutional investors have recently modified their holdings of HLF. Russell Investments Group Ltd. lifted its stake in shares of Herbalife by 115.0% in the second quarter. Russell Investments Group Ltd. now owns 12,697 shares of the company’s stock worth $906,000 after buying an additional 6,791 shares in the last quarter. Great West Life Assurance Co. Can bought a new position in shares of Herbalife in the second quarter worth approximately $484,000. Sei Investments Co. lifted its stake in shares of Herbalife by 19.4% in the second quarter. Sei Investments Co. now owns 15,340 shares of the company’s stock worth $1,095,000 after buying an additional 2,495 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of Herbalife by 11.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 261,811 shares of the company’s stock worth $18,675,000 after buying an additional 27,040 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its stake in shares of Herbalife by 1.1% in the second quarter. State Board of Administration of Florida Retirement System now owns 109,715 shares of the company’s stock worth $7,826,000 after buying an additional 1,243 shares in the last quarter.
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Herbalife Company Profile
Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.
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