Herbalife (NYSE:HLF) COO Sells $496,214.61 in Stock

Herbalife Ltd (NYSE:HLF) COO Troy Hicks sold 38,377 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $12.93, for a total transaction of $496,214.61. Following the completion of the transaction, the chief operating officer directly owned 9,062 shares of the company’s stock, valued at approximately $117,171.66. The trade was a 80.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Troy Hicks also recently made the following trade(s):

• On Tuesday, May 19th, Troy Hicks sold 10,000 shares of Herbalife stock. The shares were sold at an average price of $12.32, for a total transaction of $123,200.00.

Herbalife Trading Up 3.4%

NYSE:HLF traded up $0.42 on Wednesday, reaching $12.58. The stock had a trading volume of 1,468,403 shares, compared to its average volume of 1,390,377. The company has a 50-day moving average of $15.05 and a 200 day moving average of $14.57. The stock has a market cap of $1.30 billion, a P/E ratio of 5.52, a price-to-earnings-growth ratio of 0.72 and a beta of 0.98. Herbalife Ltd has a 12-month low of $6.63 and a 12-month high of $20.40.

Herbalife (NYSE:HLF) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. Herbalife had a net margin of 4.67% and a negative return on equity of 41.47%. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the company posted $0.59 earnings per share. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, equities analysts predict that Herbalife Ltd will post 2.47 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HLF. AQR Capital Management LLC increased its holdings in shares of Herbalife by 236.8% in the first quarter. AQR Capital Management LLC now owns 133,245 shares of the company’s stock valued at $1,150,000 after buying an additional 93,686 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Herbalife by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 59,964 shares of the company’s stock valued at $517,000 after purchasing an additional 2,523 shares during the period. Empowered Funds LLC raised its stake in Herbalife by 12.9% during the 1st quarter. Empowered Funds LLC now owns 30,301 shares of the company’s stock valued at $261,000 after purchasing an additional 3,474 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Herbalife by 3.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 210,904 shares of the company’s stock valued at $1,820,000 after purchasing an additional 6,747 shares during the period. Finally, Envestnet Asset Management Inc. acquired a new stake in Herbalife during the 2nd quarter valued at $118,000.

Analyst Ratings Changes

A number of equities analysts have commented on HLF shares. Mizuho set a $17.00 price objective on shares of Herbalife in a report on Monday, May 4th. Wall Street Zen raised Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Citigroup reiterated a “buy” rating and issued a $21.00 target price (up from $17.00) on shares of Herbalife in a research report on Thursday, February 19th. Zacks Research cut Herbalife from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Herbalife in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Herbalife has an average rating of “Hold” and a consensus target price of $17.80.

About Herbalife

Herbalife Nutrition Ltd. (NYSE: HLF) operates as a global multi-level marketing company specializing in weight-management, nutritional supplement, sports nutrition and personal care products. Its portfolio includes protein shakes, vitamins, energy and fitness supplements, hydration products and skin and hair care items, all formulated to support wellness, performance and healthy living. Products are manufactured in GMP-certified facilities to ensure consistent quality and safety standards.

Founded in 1980 by Mark R.