Troy Hicks Sells 38,377 Shares of Herbalife (NYSE:HLF) Stock

Herbalife Ltd (NYSE:HLF) COO Troy Hicks sold 38,377 shares of the firm’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 transaction, the chief operating officer owned 9,062 shares of the company’s stock, valued at $117,171.66. This trade represents a 80.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 0.9%

NYSE:HLF opened at $12.69 on Friday. The company has a market capitalization of $1.32 billion, a P/E ratio of 5.56, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98. Herbalife Ltd has a twelve month low of $6.63 and a twelve month high of $20.40. The firm has a 50-day moving average price of $14.98 and a two-hundred day moving average price of $14.61.

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HLF. Mizuho set a $17.00 price target on shares of Herbalife in a report on Monday, May 4th. Wall Street Zen upgraded shares of Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Zacks Research downgraded shares of Herbalife from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Royal Bank Of Canada lowered their price target on shares of Herbalife from $17.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, April 28th. Finally, Citigroup reiterated a “buy” rating and set a $21.00 price target (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $17.80.

Institutional Investors Weigh In On Herbalife

Institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd purchased a new stake in Herbalife in the fourth quarter valued at approximately $32,000. Aster Capital Management DIFC Ltd acquired a new position in Herbalife during the third quarter valued at approximately $35,000. KBC Group NV acquired a new position in Herbalife during the first quarter valued at approximately $44,000. Advisory Services Network LLC acquired a new position in Herbalife during the third quarter valued at approximately $65,000. Finally, Quarry LP lifted its position in Herbalife by 49,105.3% during the third quarter. Quarry LP now owns 9,349 shares of the company’s stock valued at $79,000 after buying an additional 9,330 shares in the last quarter.

Herbalife Company Profile

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.