Herbalife Ltd. (NYSE:HLF - Get Free Report) Director Donal L. Mulligan bought 30,000 shares of the stock in a transaction dated Friday, May 3rd. The shares were purchased at an average cost of $9.65 per share, for a total transaction of $289,500.00. Following the completion of the transaction, the director now directly owns 60,000 shares of the company's stock, valued at $579,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Herbalife Trading Up 1.6 %
NYSE HLF opened at $9.73 on Tuesday. The firm has a market capitalization of $972.69 million, a P/E ratio of 7.10 and a beta of 1.24. The business has a fifty day simple moving average of $8.84 and a 200 day simple moving average of $11.49. Herbalife Ltd. has a 12 month low of $6.68 and a 12 month high of $19.48.
Herbalife (NYSE:HLF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.12. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.26 billion. Herbalife had a negative return on equity of 19.97% and a net margin of 2.70%. The business's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.54 EPS. As a group, sell-side analysts predict that Herbalife Ltd. will post 1.69 EPS for the current fiscal year.
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A number of equities analysts have recently weighed in on HLF shares. Bank of America lowered their target price on Herbalife from $10.00 to $8.00 and set an "underperform" rating on the stock in a research report on Thursday, March 21st. StockNews.com raised Herbalife from a "hold" rating to a "buy" rating in a research report on Friday, February 16th. Mizuho lowered their price target on Herbalife from $12.00 to $10.00 and set a "neutral" rating for the company in a research report on Thursday, March 21st. Finally, DA Davidson reissued a "neutral" rating and issued a $9.50 price target on shares of Herbalife in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $10.50.
View Our Latest Report on Herbalife
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Herbalife by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 10,561,779 shares of the company's stock worth $147,759,000 after acquiring an additional 43,452 shares during the period. UBS Group AG lifted its holdings in Herbalife by 5.6% during the 3rd quarter. UBS Group AG now owns 3,989,128 shares of the company's stock worth $55,808,000 after purchasing an additional 209,949 shares in the last quarter. Bronte Capital Management Pty Ltd. lifted its holdings in Herbalife by 3.5% during the 3rd quarter. Bronte Capital Management Pty Ltd. now owns 3,121,467 shares of the company's stock worth $43,669,000 after purchasing an additional 104,567 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Herbalife by 8.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,888,191 shares of the company's stock worth $28,814,000 after purchasing an additional 145,684 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC lifted its holdings in Herbalife by 7.7% during the 4th quarter. Hotchkis & Wiley Capital Management LLC now owns 1,624,370 shares of the company's stock worth $24,788,000 after purchasing an additional 116,030 shares in the last quarter.
About Herbalife
(
Get Free Report)
Herbalife Ltd. provides health and wellness products in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and the Asia Pacific. It offers products in the areas of weight management; targeted nutrition; energy, sports, and fitness; outer nutrition; and literature and promotional items.
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