Herbalife LTD. (HLF) Sees Large Volume Increase

Shares of Herbalife LTD. (NYSE:HLF) saw strong trading volume on Monday . 1,307,035 shares traded hands during mid-day trading, a decline of 9% from the previous session’s volume of 1,436,400 shares.The stock last traded at $79.23 and had previously closed at $77.67.

A number of equities analysts have commented on the stock. Pivotal Research reiterated a “buy” rating and issued a $120.00 target price on shares of Herbalife LTD. in a report on Thursday, July 20th. Zacks Investment Research downgraded shares of Herbalife LTD. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 4th. ValuEngine upgraded shares of Herbalife LTD. from a “hold” rating to a “buy” rating in a report on Friday, September 1st. BidaskClub downgraded shares of Herbalife LTD. from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Finally, Citigroup Inc. reiterated a “hold” rating and issued a $73.00 target price (up from $71.00) on shares of Herbalife LTD. in a report on Tuesday, October 3rd. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $83.25.

The stock has a market cap of $7.10 billion, a PE ratio of 16.56 and a beta of 1.23. The company’s 50 day moving average price is $69.83 and its 200 day moving average price is $68.17.

Herbalife LTD. (NYSE:HLF) last posted its quarterly earnings results on Tuesday, August 1st. The company reported $1.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.41. Herbalife LTD. had a return on equity of 216.82% and a net margin of 9.28%. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the previous year, the business earned $1.29 earnings per share. The company’s revenue for the quarter was down 4.6% compared to the same quarter last year. Equities research analysts expect that Herbalife LTD. will post $4.71 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of HLF. Comerica Bank acquired a new position in shares of Herbalife LTD. in the first quarter worth $216,000. UBS Asset Management Americas Inc. raised its holdings in shares of Herbalife LTD. by 7.8% in the first quarter. UBS Asset Management Americas Inc. now owns 59,529 shares of the company’s stock worth $3,461,000 after acquiring an additional 4,294 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Herbalife LTD. by 6.6% in the first quarter. Sei Investments Co. now owns 12,845 shares of the company’s stock worth $747,000 after acquiring an additional 797 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Herbalife LTD. by 38.4% in the first quarter. SG Americas Securities LLC now owns 9,937 shares of the company’s stock worth $578,000 after acquiring an additional 2,757 shares during the last quarter. Finally, Teachers Advisors LLC raised its holdings in shares of Herbalife LTD. by 31.3% in the first quarter. Teachers Advisors LLC now owns 134,720 shares of the company’s stock worth $7,833,000 after acquiring an additional 32,087 shares during the last quarter.

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About Herbalife LTD.

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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