Herbalife Ltd. (NYSE:HLF) EVP Mark J. Schissel sold 1,712 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $84.00, for a total transaction of $143,808.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Herbalife Ltd. (NYSE:HLF) traded down $0.16 during mid-day trading on Friday, reaching $83.72. 776,965 shares of the company traded hands, compared to its average volume of 1,413,899. Herbalife Ltd. has a 1 year low of $50.70 and a 1 year high of $84.96. The company has a quick ratio of 2.24, a current ratio of 2.65 and a debt-to-equity ratio of 9.94. The firm has a market capitalization of $7,314.10, a price-to-earnings ratio of 18.98 and a beta of 1.37.
Several institutional investors have recently added to or reduced their stakes in HLF. Dimensional Fund Advisors LP increased its position in shares of Herbalife by 2.6% in the second quarter. Dimensional Fund Advisors LP now owns 422,832 shares of the company’s stock worth $30,159,000 after acquiring an additional 10,911 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Herbalife by 555.1% in the second quarter. Janus Henderson Group PLC now owns 20,897 shares of the company’s stock worth $1,491,000 after acquiring an additional 17,707 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Herbalife by 7.2% in the second quarter. The Manufacturers Life Insurance Company now owns 2,821 shares of the company’s stock worth $201,000 after acquiring an additional 189 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Herbalife in the second quarter worth $242,000. Finally, Phocas Financial Corp. acquired a new stake in shares of Herbalife in the second quarter worth $124,000.
HLF has been the subject of several research analyst reports. SunTrust Banks reaffirmed a “hold” rating and set a $67.00 price target on shares of Herbalife in a research report on Friday, November 10th. Zacks Investment Research raised shares of Herbalife from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Pivotal Research reaffirmed a “buy” rating and set a $120.00 price target on shares of Herbalife in a research report on Thursday, January 25th. Finally, ValuEngine lowered shares of Herbalife from a “strong-buy” rating to a “buy” rating in a research report on Monday, December 4th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Herbalife currently has an average rating of “Hold” and a consensus target price of $83.25.
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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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