Traders sold shares of Herbalife Ltd. (NYSE:HLF) on strength during trading hours on Wednesday. $16.45 million flowed into the stock on the tick-up and $72.79 million flowed out of the stock on the tick-down, for a money net flow of $56.34 million out of the stock. Of all stocks tracked, Herbalife had the 0th highest net out-flow for the day. Herbalife traded up $2.17 for the day and closed at $60.42

A number of research firms have weighed in on HLF. Pivotal Research restated a “buy” rating and issued a $90.00 price target on shares of Herbalife in a research note on Sunday, May 8th. TheStreet upgraded Herbalife from a “hold” rating to a “buy” rating in a research note on Monday, May 9th. SunTrust Banks Inc. reiterated a “neutral” rating and set a $66.00 target price on shares of Herbalife in a research note on Monday, May 9th. Canaccord Genuity reiterated a “neutral” rating on shares of Herbalife in a research note on Sunday, April 17th. Finally, Zacks Investment Research upgraded Herbalife from a “hold” rating to a “strong-buy” rating and set a $67.00 target price for the company in a research note on Wednesday, April 20th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $67.22.

The firm has a 50 day moving average of $59.58 and a 200-day moving average of $55.84. The stock has a market capitalization of $5.61 billion and a price-to-earnings ratio of 14.49.

Herbalife (NYSE:HLF) last posted its quarterly earnings results on Thursday, May 5th. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.27. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the company posted $1.29 earnings per share. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. Equities analysts predict that Herbalife Ltd. will post $4.82 earnings per share for the current year.

In other news, Director Richard P. Bermingham sold 7,753 shares of the stock in a transaction that occurred on Friday, May 6th. The stock was sold at an average price of $66.00, for a total value of $511,698.00. Following the completion of the sale, the director now directly owns 19,510 shares of the company’s stock, valued at $1,287,660. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Jesus Alzarez sold 1,475 shares of the stock in a transaction that occurred on Wednesday, May 11th. The stock was sold at an average price of $62.18, for a total value of $91,715.50. Following the completion of the sale, the vice president now directly owns 1,042 shares of the company’s stock, valued at $64,791.56. The disclosure for this sale can be found here.

Other hedge funds recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in shares of Herbalife by 3.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 387,621 shares of the company’s stock valued at $20,785,000 after buying an additional 12,500 shares during the period. UBS Oconnor LLC increased its stake in shares of Herbalife by 16.3% in the fourth quarter. UBS Oconnor LLC now owns 1,775,533 shares of the company’s stock valued at $95,204,000 after buying an additional 249,031 shares during the period. GSA Capital Partners LLP increased its stake in shares of Herbalife by 26.7% in the fourth quarter. GSA Capital Partners LLP now owns 71,917 shares of the company’s stock valued at $3,856,000 after buying an additional 15,177 shares during the period. Stevens Capital Management LP increased its stake in shares of Herbalife by 92.8% in the fourth quarter. Stevens Capital Management LP now owns 35,241 shares of the company’s stock valued at $1,890,000 after buying an additional 16,962 shares during the period. Finally, Engineers Gate Manager LP increased its stake in shares of Herbalife by 15.1% in the fourth quarter. Engineers Gate Manager LP now owns 73,405 shares of the company’s stock valued at $3,936,000 after buying an additional 9,615 shares during the period.

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. The Company’s segments include North America; Mexico; South & Central America; Europe, Middle East, and Africa (EMEA); Asia Pacific, and China.

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