Herbalife Sees Unusually High Options Volume (HLF)

Herbalife Ltd. (NYSE:HLF) saw unusually large options trading activity on Monday. Stock investors acquired 23,390 put options on the company. This is an increase of approximately 838% compared to the average daily volume of 2,494 put options.

In other news, SVP Thomas Harms sold 8,532 shares of the company’s stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $68.49, for a total transaction of $584,356.68. Following the completion of the sale, the senior vice president now owns 1,000 shares of the company’s stock, valued at approximately $68,490. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 39,913 shares of company stock valued at $2,944,895. 4.95% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the stock. American International Group Inc. bought a new position in Herbalife in the 4th quarter valued at approximately $103,000. Opera Trading Capital bought a new position in Herbalife in the 3rd quarter valued at approximately $185,000. The Manufacturers Life Insurance Company lifted its stake in Herbalife by 7.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,821 shares of the company’s stock valued at $201,000 after purchasing an additional 189 shares during the last quarter. FDx Advisors Inc. bought a new position in Herbalife in the 3rd quarter valued at approximately $227,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Herbalife by 36.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,445 shares of the company’s stock valued at $233,000 after purchasing an additional 922 shares during the last quarter.

Herbalife (HLF) opened at $83.72 on Tuesday. The company has a market cap of $7,300.15, a P/E ratio of 18.98 and a beta of 1.37. The company has a debt-to-equity ratio of 9.94, a current ratio of 2.65 and a quick ratio of 2.24. Herbalife has a 52 week low of $50.70 and a 52 week high of $84.96.

A number of analysts have recently weighed in on the stock. ValuEngine raised shares of Herbalife from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 22nd. Pivotal Research reaffirmed a “buy” rating and set a $120.00 price target on shares of Herbalife in a report on Thursday, January 25th. Zacks Investment Research downgraded shares of Herbalife from a “hold” rating to a “strong sell” rating in a report on Monday, November 6th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $67.00 price target on shares of Herbalife in a report on Friday, November 10th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Herbalife currently has a consensus rating of “Hold” and a consensus target price of $83.25.

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About Herbalife

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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