Herbalife (NYSE:HLF) COO Sells $123,200.00 in Stock

Herbalife Ltd (NYSE:HLF) COO Troy Hicks sold 10,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $12.32, for a total transaction of $123,200.00. Following the completion of the sale, the chief operating officer directly owned 9,706 shares in the company, valued at $119,577.92. This trade represents a 50.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, May 18th, Troy Hicks sold 38,377 shares of Herbalife stock. The stock was sold at an average price of $12.93, for a total transaction of $496,214.61.

Herbalife Price Performance

NYSE HLF opened at $12.43 on Friday. The company has a fifty day moving average of $14.91 and a 200 day moving average of $14.59. The company has a market capitalization of $1.29 billion, a PE ratio of 5.45, a P/E/G ratio of 0.76 and a beta of 0.98. Herbalife Ltd has a 1 year low of $6.63 and a 1 year high of $20.40.

Herbalife (NYSE:HLF) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Herbalife had a negative return on equity of 41.47% and a net margin of 4.67%.The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the business posted $0.59 EPS. The company’s revenue was up 7.8% on a year-over-year basis. Research analysts expect that Herbalife Ltd will post 2.47 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC grew its stake 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 worth $1,150,000 after acquiring an additional 93,686 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Herbalife by 4.4% in the first 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 boosted its holdings in Herbalife by 12.9% in the first 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 grew 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 worth $1,820,000 after purchasing an additional 6,747 shares in the last quarter. Finally, Envestnet Asset Management Inc. acquired a new position in Herbalife during the 2nd quarter worth $118,000.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HLF. Citigroup reiterated a “buy” rating and issued a $21.00 price objective (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th. Royal Bank Of Canada cut their price target on Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th. Zacks Research lowered Herbalife from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Mizuho set a $17.00 target price on Herbalife in a research note on Monday, May 4th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Herbalife in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Herbalife has an average rating of “Hold” and an average 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.