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

Herbalife Ltd (NYSE:HLF) COO Troy Hicks sold 38,377 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $12.93, for a total value 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. The trade was a 80.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

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

Herbalife Stock Performance

HLF stock opened at $12.58 on Thursday. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 5.52, a PEG ratio of 0.72 and a beta of 0.98. Herbalife Ltd has a fifty-two week low of $6.63 and a fifty-two week high of $20.40. The stock has a fifty day moving average of $15.05 and a 200-day moving average of $14.57.

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

Hedge Funds Weigh In On Herbalife

Institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new position in Herbalife during the 4th quarter worth approximately $32,000. Aster Capital Management DIFC Ltd bought a new position in Herbalife during the 3rd quarter worth approximately $35,000. KBC Group NV bought a new position in Herbalife during the 1st quarter worth approximately $44,000. Advisory Services Network LLC bought a new position in Herbalife during the 3rd quarter worth approximately $65,000. Finally, Quarry LP grew its position in Herbalife by 49,105.3% during the 3rd quarter. Quarry LP now owns 9,349 shares of the company’s stock worth $79,000 after acquiring an additional 9,330 shares during the last quarter.

Analysts Set New Price Targets

A number of brokerages recently issued reports on HLF. Weiss Ratings reissued a “hold (c+)” rating on shares of Herbalife in a report on Friday, May 8th. Citigroup reissued a “buy” rating and set a $21.00 price objective (up from $17.00) on shares of Herbalife in a report on Thursday, February 19th. Mizuho set a $17.00 price objective on Herbalife in a report on Monday, May 4th. Royal Bank Of Canada dropped their price objective on Herbalife from $17.00 to $16.00 and set a “sector perform” rating on the stock in a report on Tuesday, April 28th. Finally, Wall Street Zen raised Herbalife from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $17.80.

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.